Answer:
It is 0.98
Explanation:
Total Assets Turnover Ratio(TATR) = <u> Net Sales </u>
Average Total Assets
Net Assets =Gross Sales-Trade discounts-Sales tax-Sales return
TATR = 940,000/955,000 = 0.98 times
It is the ratio of a company's net sales to its average assets employed.
It is a ratio that tells how efficient the company is using its assets to generate its revenue.
The drawback of this ratio is that, if the divisional manager performance is based on this, it may sometimes leads to short-term view of performance. This may then encourage dysfunctional behaviour which may include refusal to replace an old assets with lower based value which when replace may reduce this ratio because of the higher based value of the new assets while sales still remain the same
Venture capitalists are the main sources of foreign direct investment in terms of frequency and dollar amount.
<h3 /><h3>What are Venture Capitalists?</h3>
Corresponds to the purchase of businesses through shareholding, whose purpose is to increase the value of shares for subsequent exit.
Therefore, the venture capitalists provides an equity fund for companies with high growth potential, supporting their development with the aim of achieving substantial return on investment (ROI).
Find out more about venture capitalists here:
brainly.com/question/18776651
<u>Answer:</u>
<em>Format Painter copies the text or graphics from the selected format and replicates it to the desired one. But F4 key copies the previous actions and may copy all the commands. </em>
<u>Explanation:</u>
These are the two basic shortcuts of editing any text or graphics. Format painter is a tool on the task bar which copies the properties of one text or graphic and transfer it to the desired format.
Answer:
Debt Outstanding = 5,630,635
Explanation:
Shares outstanding * book value per share = equity
315000 x 22.75 = 7,166,250
<u>where:</u>
assets = liab + equity
equity = 7,166,250
So we express asset in the debt ratio formula as the sum of liab and equity to be able to solve for liab
liab / (liab + 7,166,250) = 0.44
liab - .44liab = 7,166,250*0.44
liab = 7,166,250*.44/.56 = 5,630,635
Answer:
Cost of the VAN <em>$53.298</em>
Explanation:
We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.
The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.
list x reduction = invoice
invoice less discount = cash price
60,000 x (1 - 0.13) x (1 - 0.01) = 51.678
to this, we add up the sales tax and the extra cost for the device
51,678 + 860 + 760 = <em>53.298</em>
