Answer:
a. Asset Turnover 20Y3
= Sales / Average assets
= 2,385,000 / [ (770,000 + 820,000) / 2]
= 2,385,000 / 795,000
= 3.0
Asset Turnover 20Y2
= 2,015,500 / [ (620,000 + 770,000) / 2]
= 2,015,500 / 695,000
= 2.9
b. The change is Favorable because it means that the assets are bringing in more sales per dollar value of assets to the company.
Answer: Marketing Intelligence.
Explanation:
BruceCo action to gather information on coffee from newspapers of various major cities around the world is method by which they increase their market intelligence. Market intelligence is a method business use to increase knowledge about their target market by gathering information on that market.
Answer:
c. I am extremely satisfied with my cable provider. Strongly disagree 1 2 3 4 5 Strongly agree
Explanation:
A Likert scale is a psychometric response rating scale usually included in survey questionnaires or forms to determine the degree of feelings of people feel something such a product or a service.
An effective Likert scale will have different questions for respondents to answer and it types are usually 5-7 points balanced answers scale, with a neutral midpoint, from which people can select just only one from.
For example, a 5 point Likert scale requires respondents to choose deom the scale the degree to which they agree to a statement usually in 5 points: (1) Strongly disagree; (2) Disagree; (3) Neither agree nor disagree; (4) Agree; (5) Strongly agree.
Therefore, the c. option is the best example of a Likert scale.
Answer:
The correct answer is option d.
Explanation:
When there is an increase in the price level, the purchasing power of money decreases. People will need more amount of money to purchase the same level of goods. This will reduce the real value of wealth.
When the purchasing power decreases and people need more amount of money to purchase the same level of goods, the demand for money will increase. This will cause the interest rate to rise as well.
As the price level increases, domestic goods become relatively expensive. This will cause the export demands to decline. So the demand for domestic currency will also decline. This will further cause the value of currency to depreciate.
