1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
storchak [24]
4 years ago
10

Shelli's Ski Super has sales of $670, net fixed assets of $210, total assets of $305, and current assets of $25. What is the tot

al asset turnover ratio for the business?
Business
1 answer:
Troyanec [42]4 years ago
5 0

Answer:

2.20

Explanation:

The formula to compute the total assets turnover ratio is shown below:

Total asset turnover = (Sales revenue ÷ Total assets)

                                   = ($670 ÷ $305)

                                  = 2.20

We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed

All other information which is given is not relevant. Hence, ignored it

You might be interested in
A company offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of th
kozerog [31]

Answer: C. The employees will receive a share of profits as part of the company's ESOP.

Explanation:

The retirees can still get a portion of profits if they are part of an Employee Stock Ownership Plan.

ESOP is a pretty standard thing these days with companies where they reward their employees with shares in the company.

Seeing as the company is making too little to be able to keep paying Retirement benefits, the retirees being owners of Stock can still partake in the earnings that the company makes when they distribute dividends.

7 0
3 years ago
Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon i
Nina [5.8K]

Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon is consistent with the efficient markets hypothesis if the earning were not as high as anticipated

The efficient market hypothesis states that neither technical nor fundamental analysis can generate excess returns because new information in the market is immediately reflected in stock prices.

The efficient market hypothesis is a hypothesis in financial economics that states that asset prices reflect all available information. A direct consequence of this is that it is impossible to "beat" the market consistently on a risk-adjusted basis, as market prices should only respond to new information.

Learn more about efficient markets hypothesis here: brainly.com/question/14311423

#SPJ4

3 0
2 years ago
Diversity initiatives do NOT include
MrRa [10]

Answer:

D. At-will employment

Explanation:

Don't be fooled! At-will employment actually refers to two things:

at-will termination, meaning an employer can fire you for any reason (other than illegal)

and at-will quitting, meaning the employee can quit at any time, for any reason.

An example of this would be a boss firing an employee for wearing a gray shirt to work, which is the boss's least favorite color. It's messed up, but under at-will employment, it can be done. Moments later, another employee leaves without warning or notice, and under the same rule, it can be done.

In contrast with the other options, D has nothing to do with diversity.

8 0
3 years ago
There are 2 different methods for obtaining data in field research, asking questions and:
alexdok [17]
The field research is type of research that collects  <span>data outside of an experimental setting (in natural settings) and </span>tends to ensure the observations are more valid. <span>
There are 2 different methods for obtaining data in field research, asking questions and </span>making direct observation. The direct observation are made in natural settings or environment. 
3 0
4 years ago
Quantity Demanded Price ($)
Aleksandr-060686 [28]
The wine bottle is $200 so the demanded price would be 210! Hope this helps.
5 0
3 years ago
Other questions:
  • The College of Business is deciding between two photocopier options. The first is to lease a high-end machine for $8,400/year. T
    8·1 answer
  • A firm's database showed that the average value of all inventory items for the year was $7,650. The cost of goods sold was repor
    11·1 answer
  • Dove, Inc., had additions to retained earnings for the year just ended of $643,000. The firm paid out $40,000 in cash dividends,
    5·1 answer
  • KL Airlines paid an annual dividend of $1.18 a share last month. The company is planning on paying $1.50, $1.75, and $1.80 a sha
    10·1 answer
  • Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The pre
    12·1 answer
  • Assume that you are working for a manufacturing company in the United States that hopes to sell its products throughout the worl
    11·1 answer
  • Patrice and Patrick are twins. They sit down to discuss their college plans with their parents. If both choose an in-state schoo
    6·2 answers
  • Favaz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manu
    12·1 answer
  • During 2020, Flint Corporation reported net sales of $5,490,000 and net income of $1,320,000. Its balance sheet reported average
    13·1 answer
  • How often does the price you pay for a haircut change? What does your answer imply about the usefulness of market-clearing model
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!