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
lara [203]
3 years ago
11

Asset turnover _____. A. is another term for inventory turnover B. is calculated from information found on a firm's income state

ment C. reveals how profitable a company is D. is calculated by dividing total assets by net sales E. is net sales divided by total assets
Business
1 answer:
barxatty [35]3 years ago
7 0

Answer: The correct answer is "C. reveals how profitable a company is".

Explanation: Asset turnover reveals how profitable a company is because it compares how well a company manages its assets to generate more income and accumulate more and more capital.

You might be interested in
Cullumber Company received proceeds of $1176000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1
Alik [6]

Answer:

$74,880

Explanation:

The computation of the amount of interest Cullumber must pay the bondholders is shown below:

= Face value of the bond × interest rate

where,

Face value of the bond is $1,248,000

And the interest rate is 6%

So, the amount of interest paid is

= $1,248,000 × 6%

= $74,880

We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come

6 0
3 years ago
Belle Co. determined after 4 years that the estimated useful life of its labeling machine should be 10 years rather than 12 year
Alex_Xolod [135]
C. 3,750 is the correct answer
5 0
3 years ago
Read 2 more answers
Research indicates that the efficiencies of managing through centralized control may be when operating environments of divisions
weqwewe [10]

To complete the statement above, research indicates that the efficiencies of managing through centralized control may be ‘greater’ when operating the environments of divisions in multidivisional organizations are relatively ‘stable and predictable’. It is because when there is a presence of stable and predictable in operating the environments of division in multidivisional organization, there will likely be a result of their managing to be more effective because it is not destructive but stable.

8 0
3 years ago
When authorizing bonds to be issued, the board of directors does not specify the
netineya [11]

The Board of Directors does not define the selling price when authorizing the issuance of bonds.

An executive body that jointly manages an organization's activities is called a board of directors. This group could be a business, a nonprofit, or a government entity. It could also be for-profit. The board of directors' responsibilities and authority are governed by governmental regulations as well as the organization's own bylaws and constitution. These authority may specify the number of board members, how they will be chosen, and how frequently they will meet. The board of such an organization is accountable to and may be subordinate to the entire membership, who normally elect the board members in organizations with voting members. In a stock corporation, non-executive directors are elected by the shareholders, and the board has the following authority.

Learn more about Board of Directors from

brainly.com/question/21121907

#SPJ4

3 0
1 year ago
Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i
Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time =  $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = \frac{738}{500}  

$1 = NZ  $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = \frac{5000}{1.476}  

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0
3 years ago
Other questions:
  • What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
    12·1 answer
  • James, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm’s office. He contacts a sales repr
    9·1 answer
  • The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,205 and current liabilities of $9
    14·1 answer
  • Grievance procedures in nonunion firms: a. Usually have arbitration as its final step and permit the use of wildcat strikes amon
    12·1 answer
  • A steel mill raises the price of steel by 7% which results in a 20% reduction in the quantity of steel demanded. The demand curv
    8·1 answer
  • I need help with my assingemnt
    5·1 answer
  • Which statement characterizes the perspectives of the definition of done (DoD)? Product Owners focus on the Iteration while Prod
    12·1 answer
  • question content area for the year ended december 31, orion, inc. mistakenly omitted adjusting entries for $1,500 of supplies th
    8·1 answer
  • hp ties its printer ink to its printers by embedding a patented printer head in its ink cartridge rather than build it into the
    8·1 answer
  • true or false: the beta for the portfolio after the stocks have been added is the weighted average of the beta before the stocks
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!