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AleksAgata [21]
3 years ago
7

A decrease in the fixed asset turnover ratio from 3.0 to 2.2 indicates a.an unfavorable change in the efficiency of using fixed

assets to pay down debt. b.a favorable change in the efficiency of using fixed assets to generate sales. c.an unfavorable change in the efficiency of using fixed assets to generate sales. d.None of these choices are correct.
Business
1 answer:
Zielflug [23.3K]3 years ago
7 0

Answer:B. A favourable change in the efficiency of using fixed assets to generate sales

Explanation:

Assets turnover ratio measures the efficiency in which the company used his assets to generate sales. The higher the ratio more efficient the company is using assets to generate sales and vice versa however a higher ratio means a low profit margin and vice versa.

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3. Rank the following assets from most liquid to least liquid:
andrey2020 [161]

Answer:

.Currency

Checking account deposits

Savings deposits

Common Stock

Automobiles

Houses

Explanation:

Liquidity measures how fast an asset can be used as a medium of exchange.

Currency is the most liquid because it can be readily used as a medium of exchange.

Checking account deposit can easily be withdrawn and the cash can be used as a medium of exchange.

Savings deposits takes one or two days before cash is available.

Common stock is converted to cash in a longer period.

It is easier to sell an automobile than a house. Therefore, a car is more liquid than a house

I hope my answer helps you

5 0
3 years ago
Creative Crew is a direct-marketing company that sells merchandise such as T-shirts, customized coffee mugs, calendars, key chai
Andru [333]

Answer:

E. Two- Step approach to direct marketing

Explanation:

The two step approach is a form of direct marketing that involves two steps or procedures. The first step is compose of designing to screen or qualifying potential buyers. While the second step is the responsibility of generating response. In this approach, multiple efforts/steps are used in generating responses. In this scenario, the first effort done by the company was using telemarketing to inform the potential buyers on their products. While the second effort was placing s website that contains a form in which buyers can use in purchasing products.

3 0
3 years ago
Read 2 more answers
How does understanding science help you become an informed consumer?
KengaRu [80]
Because when you are asking somebody, you need to be informed about the object and most objects involve science. 

hope this helped :)
6 0
3 years ago
Instead of living in a service economy, we now live in a(n) ________ economy.
Nataly [62]

Instead of living in a service economy, we now live in a(n)  Mixed economy.

Explanation:

  • A mixed economy consist of  both private and government /state owned economies which  share control of owning, making, selling, and exchanging good in the country.
  • U.S. and France are two example of Mixed Economy
3 0
3 years ago
What media format provides ads that do not disappear from sight or hearing
svp [43]

Answer:

B. Print Publications

Explanation:

Speaker announcements, television, and radio ads disappear after the ad is done. But, printed ads stay on the paper.

4 0
3 years ago
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