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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.

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This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t
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Consider a firm with a 2013 net income of $20 million, revenue of $60 million, and cost of goods sold of $25 million. If the bal
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Answer:

Weeks of supply = 4.16 weeks

Explanation:

given data

net income = $20 million

revenue = $60 million

cost of goods sold = $25 million

inventory = $2 million

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to find out

how many weeks of supply does the firm hold

solution

we know here that Weeks of supply will be express as

Weeks of supply = \frac{average inventory}{cost of goods sold} × 52 weeks          ....................................1

so put here value we get weeks of supply

Weeks of supply =  \frac{2}{25} × 52 weeks

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