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Alekssandra [29.7K]
3 years ago
12

A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total as

set turnover of ______ times.
Business
1 answer:
notsponge [240]3 years ago
4 0

Answer:

0.45

Explanation:

Total Asset turnover is the relationship between the total asset and the total sales.  It measure the turnover generated by assets and shows how fully a company is utilizing its assets.

It is calculated as  Net Sales / Average Total asset.

Average total asset is calculated as  Asset at Beginning  + Asset at closing / 2

Applying the formula

The total sales = $900,000  while the total asset is $2, 000,000

$900,000/$2,000,000 =  0.45

Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.

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Suggest strategies to succeed in outsourcing its HR services
const2013 [10]

Answer:

The answer is below.

Explanation:

The strategies of a company to succeed in outsourcing its HR services

1. Internal Analysis and Baselining: this involves the cost and value analysis of using internal HR vs Outsourcing HR

2. Understanding Cost vs. Value of HR: knowing what the cost and value of outsourcing entails can go a long way in determining whether it offers the value the company wants

3. Identifying Core Competencies: realizing the competencies of outsourcing HR particularly in the area of competitive advantage of the company.

4. Aligning Technology to Support Operational Objectives: utilization of outsourcing HR technology and operational support ensure the company doesn't cure additional coast

5. Agreeing on Expectations with HR Outsourcer: knowing what to expect and agreed on the outcome of the outsourcing process is one of the key strategies.

6. Addressing and Enforcing Performance Metrics: Also, the expected performance and what is needed to be achieved should be discussed and ensured it is ultimately accomplished.

5 0
3 years ago
The Production Possibilities Model (or Curve/Frontier –PPC/PPF) assumes a constant timeframe as well as constant ______________
Naddika [18.5K]

Answer: Resources

Explanation: The production possibility model is used by the economist to evaluate the relationship between scarcity and resources. The basic assumption while preparing a PPM is that the time frame and resources for production such as capital, land and labor are fixed.

The PPM shows the production possibilities in an economy using only two goods. One of which is shown in X axis and one in Y axis. It helps to calculate the quantity of two goods that are to be produced with limited resources, resulting in maximum output to the economy.

3 0
3 years ago
A company had a beginning balance in retained earnings of $44,300. It had net income of $7,300 and paid out cash dividends of $5
Anit [1.1K]

Answer:

$45,650

Explanation:

a) Calculations of Retained Earnings:

Beginning balance = $44,300

Net Income =                 7,300

less Dividends             -5,950

Ending balance =     $45,650

b) A statement of changes in Retained Earnings is always prepared to include the net income available for distribution to stockholders and exclude the distributions already made to stockholders in the form of dividends before arriving at the ending balance of Retained Earnings.  This later figure is reported in the Balance Sheet.  This process is also part of the closing entries of temporary accounts to permanent accounts at the end of an accounting period.

3 0
3 years ago
You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1
Harlamova29_29 [7]

Answer:

The resulting UCL value for the line is 0.07. The right answer is d

Explanation:

According to the given data we have the following:

P-bar = Fraction defective = 0.05

Sp = Standard deviation = 0.01

In order to calculate the resulting UCL value for the line we have to use the following formula:

UCL = P-bar + (Z x Sp)

Using standard normal table, for 95% confidence level Z=1.96

Therefore, UCL = 0.05 +(1.96x0.01)=

                  UCL = 0.0696, Hence UCL=0.07

The resulting UCL value for the line is 0.07

8 0
3 years ago
On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
Andreyy89

Answer:

Annual deposit (PMT) = $1,567,060.39

Explanation:

Given:

Future value of annuity due = $8,000,000

Rate of interest(r) = 10% = 0.1

Number of year (n) = 4 year

Annual deposit (PMT) = ?

Computation of annual deposit :

Future\ value\ of\ annuity\ due = PMT [\frac{(1+r)^n-1}{r} ](1+r)\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39

Annual deposit (PMT) = $1,567,060.39

6 0
3 years ago
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