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Semenov [28]
3 years ago
8

Mason Corporation had $1,150,000 in invested assets, sales of $1,228,000, income from operations amounting to $226,000, and a de

sired minimum rate of return of 12%. Round your answer to two decimal places. The investment turnover for Mason Corporation is a.0.85 b.1.07 c.1.28 d.1.60
Business
1 answer:
ohaa [14]3 years ago
6 0

Answer:

b.1.07

Explanation:

Investment turnover ratio determines the times when the portfolio of investment is sold during a particular period of time e.g Monthly, Annually, etc. The higher turnover results in more commission earned by the broker who is selling the portfolio.

Investment Turnover = Sales / Invested Assets

Investment Turnover = $1,228,000, / $1,150,000

Investment Turnover = 1.067826

Investment Turnover = 1.07 ( Rounded off to 2 decimals places )

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when Jorge became one of three final candidates for managerial position with a large pharmaceutical company
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<h3>What is Realistic job preview?</h3>
  • Realistic job preview (RJP) is a technique that businesses and organizations use to explain the positive and negative aspects of a work to potential new hires or to remind current employees of the responsibilities of their positions.
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When Jason became one of three final candidates for a managerial position with a large pharmaceutical company, the director of the department scheduled a special meeting with him. There, the two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jason appreciated that the director took time to conduct a(n) __

6 0
1 year ago
Fixed costsa.are equal to explicit costs plus implicit costs. b. do not vary as output varies. c. are the same as total costs fo
Fantom [35]

Answer:

b. do not vary as output varies.

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Variable cost on the other hand varies with production. The higher the level of production the higher the variable cost. For example the more the output required the more the labour employed to achieve higher output.

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harkovskaia [24]

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7 0
3 years ago
Read 2 more answers
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2 years ago
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