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satela [25.4K]
4 years ago
8

At the end of 2014, Stacky Corp. had $500,000 in liabilities and a debt-to-assets ratio of 0.5. For 2014 Stacky had an asset tur

nover of 3.0. What were annual sales for Stacky in 2014? A. $333,333 B. $1,200,000 C. $1,800,000 D. $3,000,000 E. None of the above
Business
1 answer:
lesantik [10]4 years ago
7 0

Answer: D. $3,000,000

Explanation:

Asset turnover is the ratio of total sales or revenue to average assets

Debt to asset ratio is total liabilities divided by total assets.

Total liability is $500,000

Debt to asset ratio is total liability/total asset= 500,000/total asset = 0.5

Total asset = 500,000 x 10/5

Total asset = 1,000,000

Asset turn over = total sales/average asset

Assets turnover = 3.0

3.0= total sales/1,000,000

3.0= total sales/1,000,000

Total sales = 3.0 x 1,000,000

Total sales = 3,000,000

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Answer:

Nike is the US Sportswear company, produces all of its footwear in foreign countries (mainly in China, Vietnam, and Indonesia). These countries are developing and labor is cheap there. In this way, the production is cheaper and maintain the price of their product competitive. This way, Nike follows and maintains a specific pricing strategy. Nike also follows a Cost Leadership generic business strategy to sustain a competitive advantage based on cost.

Nike also follows a competitive strategy of 'Product Differentiation', 'Focus on market Niche' and 'Strengthen customer and supplier intimacy' to improve its stand against its competitors. There is huge scope for varied market needs based on games played in different countries across the globe. Thus, there is a huge demand for Nike products outside of their national boundaries.

5 0
3 years ago
Which of the following acronyms refers to the international forum that was created for member countries to engage in the negotia
Lina20 [59]

Answer:

correct answer is B. GATT

Explanation:

solution

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there purpose was only to promote for the international trade by reduce barrier like tariff and other trade barrier

and

General Agreement on Tariffs and Trade and its successor World Trade Organization have successfully reduce the tariffs

so correct answer is B. GATT

4 0
3 years ago
All of the following are true of Transportation EXCEPT: A. Transportation systems link geographically separated partners, facili
DIA [1.3K]

Answer:

C. Transportation managers choose modes of transportation based only on cost

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamentals of supply chain management are best summed up as a strategic collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

Basically, in supply chain management, transportation plays a significant part in the movement of goods or services from the point of production to the end users or consumers.

Hence, all of the following are true of Transportation;

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B. Transportation facilitates the creation of time and place utility in the supply chain

C. Transportation has a major impact on company financial performance

D. Transportation involves the physical movement of goods between origin and destination points

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3 years ago
Everything else held constant, an increase in uncertainty on business will_____ the required rate of return on its stock and ___
wlad13 [49]

Answer:

the answer is C

Explanation:

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3 years ago
Which of the following are pros and/or cons of using a market system to produce and distribute health care?
irakobra [83]

Answer:

<em>options B, D</em>

Explanation:

When a market system is used to determine what healthcare products to produce and distribute <em>we expect;</em>

<em>1. that these medical devices and services from the suppliers  would be  given only to those who are willing and able to pay for them. and</em>

<em />

<em>2. Since the buyers have a say what healthcare services and products they need hospitals and doctors would at least to satisfy the tastes of buyers.</em>

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3 0
4 years ago
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