The denominator of the fixed asset turnover ratio is AVERAGE FIXED ASSET.
The fixed assert turnover ratio refers to the ratio of sales to the value of fixed asset of a company. The ratio is very important in evaluating how a company is using its fixed assets to generate sales.
Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset.
D because it’s like group work there focused on the same thing
Answer: can lengthen response times by those closest to the market conditions because they must seek approval for their actions
Explanation:
Centralization simply refers to a form of organizational scenario where there is one person at the top that usually makes the major decisions for the company. The powers are usually held by those at the top and messages are passed to the lower level to be implemented.
One major drawback is that it can lengthen the response times by those closest to the market conditions because they must seek approval for their actions.
Answer: The asset's cost minus its accumulated depreciation.
Explanation: The book value of equipment owned by a company is the total worth of a company if it liquidated all its assets and substracted it's liabilities.
For easy computation it can be described as the Value of the Assets minute the accumulated depreciation for an equipment that depreciates according to time. Book value is of importance to the business as it helps to show what amount is actually the worth of a company when liquidated.
Answer:
c. purchase of raw materials and collection of any outstanding receivables from the sale of the product.
Explanation:
A manufacturer refers to an individual or business firm that typically engages in the production of finished goods and sells them to the consumers, in order to meet their demands.
Generally, a manufacturer through a combination of processes, tools and equipments, produce finished goods from raw materials and sells them to the consumers.
This ultimately implies that, the operating cycle of a manufacturer is the length of time between the purchase of raw materials from suppliers and collection of any outstanding receivables from the sale of the product to consumers.