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stiks02 [169]
3 years ago
9

Digby has an asset turnover of 1.57 (Asset Turnover = Sales/Assets). That means:_______

Business
1 answer:
Mariulka [41]3 years ago
7 0

Answer:

correct option is B) Each $1.00 of assets in the firm generates $1.57 of sales revenue

Explanation:

given data

asset turnover =  1.57

Asset Turnover = Sales  ÷  Assets

to find out

what is Asset Turnover means

solution

as given that Asset Turnover = Sales  ÷  Assets

we know Asset turnover is measures the company ability

and  Asset turnover is generated sales from the assets it is known as Asset turnover

so as given asset turnover =  1.57 sale revenue is generated by every $1 assets in firm

so here correct option is B) Each $1.00 of assets in the firm generates $1.57 of sales revenue

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That would probably be trade. :)
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3 years ago
Suppose the rate of return on short-term government securities (perceived to be risk-free) is about 5%. Suppose also that the ex
Natalka [10]

Answer:

The expected rate of return on the market portfolio is 14%.

Explanation:

The expected rate of return on the market portfolio can be calculated using the following capital asset pricing model (CAPM) formula:

Er = Rf + B[E(Rm) - Rf] ...................... (1)

Where:

Er = Expected rate of return on the market portfolio = ?

Rf = Risk-free rate = 5%

B = Beta = 1

E(Rm) = Market expected rate of return = 14%

Substituting the values into equation (1), we have:

Er = 5 + 1[14 - 5]

Er = 5 + 1[9]

Er = 5 + 9

Er = 14%

Therefore, the expected rate of return on the market portfolio is 14%.

7 0
3 years ago
It takes 12 units of resources to produce 100 pounds of silk. It takes 13 units to produce 115 pounds of silk and 15 units to pr
stealth61 [152]

Because the additional output is produced with an increasing input in the production signals an example of <u>diminishing returns</u> to specialization.

<h3>What is a diminishing returns?</h3>

A diminishing returns to specialization is known to occurs if more units of resources are required to produce each additional unit.

In conclusion, the additional output which is produced with an increasing input in the production is an example of <u>diminishing returns</u> to specialization.

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5 0
3 years ago
Martin Jackson receives an hourly wage rate of $30, with time and a half for all hours worked in excess of 40 hours during a wee
goblinko [34]

Answer: 1009.75

Explanation:

Computation of Net Pay

Hourly wage 30 × 46. = 1380

Excess hours 30×1/2×(46-40) =90

Total Gross =1470

Less:

Income Tax 350

Social Security ta 1470×6%. 88.2

Medicare tax 1470×1.5% 22.05

Net Pay 1009.75

Hence Option B is correct.

7 0
4 years ago
Read 2 more answers
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover i
Westkost [7]

Answer:

It is 6.58%

Explanation:

Debt-Equity Ratio = Debt/Equity

0.68= Debt/358,200

Debt = 0.68 x 358,200

Debt = $243,576

Total Asset Turnover = Revenue/ Total Asset

Total Assets = Debt + Equity = $243,576+ $358,200=$601,776

1.2= Revenue/601,776

Revenue= 1.2 x 601,776

              =$722,131.20

Profit Margin = Net income/ Revenue x 100%

                       = $47,500/$722,131.20 x100%

                       = 6.58%

6 0
4 years ago
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