Answer:
The asset turnover is 3.66 times
Explanation:
Asset Turnover is the efficiency rate of the assets of the business to generate revenue for the business. It shows how efficiently the assets of the business are used to generate revenue for the business.
Formula for Asset turnover is as follow
Asset Turnover = Net sales / Average total assets
Asset Turnover = $5,490,000 / $1,500,000
Asset Turnover = 3.66 times
It means that the sale for the period is generated to 3.66 times of average total asset of the business.
The answer to the question is (C) time is lost to coordinating and organizing group members.
Actual group productivity is never quite equal to the expected productivity mainly because there are other processes involved in the team that the team members must do in order to reach the set common goal. Some of these processes usually include determining how to do the work and distributing the assignments to the right person, as well as setting the roles in the team.
Technology has been very useful for the education. Teachers have found ways in order for technology to be more beneficial rather than detrimental to students. The use of televisions for certain classes allows the students to properly visualize the topics. Also, social media have been grounds for teachers to share their materials to the students and students to their co-students.
Answer:
The correct option is c.6
Explanation:
For computing the velocity of money, the following formula should be used which is shown below:
The Velocity of money = Nominal income ÷ money supply
where,
Nominal income is $3,000
and, the money supply is $500
Now put these values to the above formula so that we can find out the answer
So, the answer would be equal to
= $3,000 ÷ $500
= 6
Thus, the velocity of money is 6
Hence, the correct option is c.6
