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:
Risk Control
Explanation:
The statement, "You are more likely to control risks when they are identified earlier rather than later" is associated with the Risk Control Management principle.
Risk control is more effective when risk identification is undertaken early enough so that control measures are put in place to mitigate such risks, otherwise there will be a shift from 'risk control' to 'damage control' once any of those risks materializes.
Answer:
The correct answer is option C.
Explanation:
`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.
If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.
Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.
Answer:
d. the quantity demanded for the market will increase to less than 30,000 workers.
Explanation:
Missing options:
- a. the quantity demanded for the market will increase to 30,000 workers.
-
b. the quantity demanded for the market will increase to more than 30,000 workers.
-
c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
-
d. the quantity demanded for the market will increase to less than 30,000 workers.
maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.
The focal point of most ads is the center of interest, it’s what first catches your eye. It is the most important part of the page that everyone would notice and be persuaded by.
