Answer:
3.76 times
Explanation:
The computation of the asset turnover is shown below:
Asset turnover = Net sales ÷ Average total assets
= $1,356,504 ÷ $360,600
= 3.76 times
By dividing the net sales from the average total assets, the asset turnover could arrive i.e 3.76 times
This is the answer but the same is not provided in the given options
Answer:
variable markup % = 60%
Explanation:
total units sold 22,000
total costs associated with selling the 22,000 units:
variable production costs $18 x 22,000 = $396,000
variable S&A costs $13 x 22,000 = $286,000
fixed overhead = $20,500
fixed S&A = $36,700
total costs = $739,200
total cost per unit = $33.60
selling price = $33.60 + $16 = $49.60
markup percentage = [(sales price - unit cost) / unit cost] x 100
the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%
but since we are going to calculate the markup percentage solely based on variable costs, then:
variable cost per unit = $31
selling price = $49.60
the variable markup % = [49.60 - 31) / 31] x 100 = 60%
No, it is not possible to measure simultaneously.we have to measure the left end first.
The meter scale is the apparatus for dimension of the period of any item. instance: The duration of the square is 5 meters. right here, 5 is the magnitude of the period and meter is the unit of length. 1 meter of the meter scale is split into a hundred centimeters. Meter scale is used to degree length.
The metre scale alongside the object in order that the 'zero' mark on the metre scale coincides with one give up of the item and studying at the other cease of the size suggests the duration of the item.
Measurement is the procedure of comparison of the given physical amount with the regarded fashionable quantity of the same nature. as an example, dimension of duration the usage of Vernier Callipers and measurement of diameter of wire using screw gauge.
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Answer:
Cash flow from operating activities $141.8
Explanation:
Cash received from customers during the reporting period
A.Sales $ 545.0+ 22.0 Decrease in accounts receivable = $567
B.
Cash paid to suppliers of the goods
Cost of goods sold 218.0 +Increase in inventory 93.0 +Decrease in accounts payable 56.0 =$367
C.
Cash paid to employees
Salaries expense $ 65.0 -Increase in salaries payable 37.0 = $28
D.
Cash paid for insurance
Insurance expense 42.0 -Decrease in prepaid insurance 17.0 =$25
E.
Cash paid for income tax
Income tax expenses 91.0 -Increase in income tax payable 85.8 =$5.2
(2)
Cash received from customers during the reporting period $567
Cash paid to suppliers of the goods ($367)
Cash paid to employees($28)
Cash paid for insurance ($25)
Cash paid for income tax ($5.2)
Cash flow from operating activities $141.8
Answer:
D. Total tax revenues minus transfer payments.
Explanation:
The net taxes or the net of taxes can termed as the taxes which are received by the federal government(considered as their revenue) minus the transfer payments made by them (considered as govt. expense).
Hope this clear things up.
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