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maks197457 [2]
3 years ago
13

RJ's has a fixed asset turnover rate of 1.26 and a total asset turnover rate of .97. Sam's has a fixed asset turnover rate of 1.

31 and a total asset turnover rate of .94. Both companies have similar operations. Based on this information, RJ's must be doing which one of the following?A Utilizing its fixed assets more efficiently than Sam's B Generating $1 in sales for every $1.26 in net fixed assets.C Generating $1.26 in net income for every $1 in net fixed assets.D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.
Business
1 answer:
EleoNora [17]3 years ago
3 0

Answer:

D Maintaining the same level of current assets as Sam'sE Utilizing its total assets more efficiently than Sam's.

Explanation:

In general, the higher the ratio – the more "turns" – the better. But whether a particular ratio is good or bad depends on the industry in which your company operates.

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Which element of policy making is government recognition that a problem is worthy of intervention?
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The answer to the question "Which element of policy making is government recognition that a problem is worthy of intervention" is the Agenda Setting. Or others would call this as agenda setting theory. This is also how the media interacts with the audience and convince them to do something.
8 0
4 years ago
Compute conversion costs given the following data: direct materials, $361,300; direct labor, $195,300; factory overhead, $216,70
Radda [10]

Answer:

a. $412,000

Explanation:

Conversion cost is the combination of direct labor and manufacturing overhead which directly or indirectly are necessary to produce a product other than the direct raw materials.

We know,

<em>Conversion costs = Direct Labor + Manufacturing Overhead</em>

Here,

Manufacturing overhead = Indirect material + Indirect Labor + Indirect overhead (including variable and fixed overhead)

Given,

Direct labor = $195,300

Manufacturing overhead = Factory overhead = $216,700

Selling expenses will not be included because it is not a direct or indirect overhead expense.

Therefore,

<em>Conversion costs = </em>$195,300 + $216,700

<em>Conversion costs = </em>$412,000

8 0
3 years ago
"Tina withdraws $20,000 from her money market account to start up her own house cleaning business. Over that time, the account w
lions [1.4K]

Answer: the opportunity cost of $600

Explanation:

From the question, we are informed that Tina withdraws $20,000 from her money market account to start up her own house cleaning business and that over that time, the account would have earned 3 percent interest.

In order to properly account for all costs of her business, Tina must not forget the opportunity cost of $600. This is calculated as 3% of $20,000.

The opportunity cost is what Time had to forgoes in order to start her business.

7 0
3 years ago
All of the following are considered routine business messages except a. an all-staff memo that outlines the new procedures for p
dsp73

Answer:

d. a letter to a customer denying a request for credit.

Explanation:

Routine messages are part of a business' daily operations; It communicates the what, who, where and when elements of operations. They are usually  simple and positive requests for information or action by one person to another, daily meeting with coworkers, new updates and  instructions as well as replies to customers. Among the choices given, a letter to a customer denying a request for credit is not part of it.

3 0
3 years ago
The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separ
erma4kov [3.2K]

The Second National Bank of Guthrie has opened an office in Chile. This office offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie. The type of  office the Second National Bank of Guthrie open in Chile is the<u> Branch Office</u>

Explanation:

A branch office is one that  :

  • That offers a full line of services and is not a separate legal entity from the Second National Bank of Guthrie.

A branch office is a location, which is other  than the main office, where a business is conducted. A branch office consist of MANY smaller divisions of different DEPARTMENTS of the company such as human resources, marketing, and finance.

The main Difference between a branch office and a subsidiary is that a branch office   is not a separate legal entity of the parent corporation whereas  a subsidiary is a separate legal entity from the parent, although owned by the parent corporation.

6 0
4 years ago
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