The asset turnover = 1.84
<u>Explanation:</u>
Asset Turnover = Sales / Average total assets
First, we will calculate average total assets as below:
Average total assets = Beginning assets + Ending assets / 2
Beginning assets = assets on 12/31/2014 = $65173
Ending assets = assets on 12/31/2015 = $100676
Average total assets = = = $82924.5
Sales / Revenue = $152633
Now, putting these values in the asset turnover formula, we get,
Asset Turnover = Sales / Average total assets
Asset turnover = = 1.84
Answer:
Luther's earnings per share is closest to $1.03
Explanation:
The formula to compute the earning per share is shown below:
Earning per share = (Net income) ÷ ( number of outstanding shares)
where,
Net income is $10.6 million
And, the number of outstanding shares is $10.2 million
Now put these values to the above formula
So, the value would equal to
= $10.6 million ÷ $10.2 million
= $1.03
Below are the three different ways decision makers might select projects while considering both<span> financial and non-financial factors:
1. Financial analysis can be the main strategy for choosing ventures.
2. Financial analysis can be a screening gadget to qualify potential undertakings for thought utilizing a scoring model to settle on determination choices.
3. Financial analysis can be one factor in a multi-factor scoring model used to choose ventures</span>
Answer:
a. A decrease in demand from D1 to D2 results in- excess supply.
b. This causes the price to- fall
c. This change in price results in in quantity demanded along the D2 demand curve.- an increase
d. This change in price results in in quantity supplied.- a decrease
e. The new equilibrium has a and a when compared to the original equilibrium. -Lower price, lower quanity
f. Does this refute the law of demand: . No
g. Why: Because there was a change in demand
Explanation:
Answer:
The answer is B. Increasing
Explanation:
An increasing-cost industry is an industry whose costs for production increase as more companies compete.
Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.
A decreasing‐cost industry is one where costs of production reduces as the industry expands.