Yes , the given statement is true
Explanation:
Since the credit limit is now 10k for purchases of Marketpoint, the demand requires them.
You will apply for an increasing or decreasing in the loan cap electronically and will actually receive an immediate decision.
You should wait 4 months before your credit limit is extended and wait 6 months after a drop in your credit ceiling for an increase.
CALCULATE TOTAL ASSETS TURNOVER :
TOTAL ASSETS TURNOVER = NET SALES/AVERAGE TOTAL ASSETS
= 3.6/1.1
TOTAL ASSETS TURNOVER = 3.27 TIMES
In financial accounting, an asset is a resource owned or controlled by a company or entity. It is anything that can be used to create positive economic value. Assets represent the value of an asset that can be converted into cash.
An asset is a resource of economic value owned or controlled by an individual, business, or state with the expectation of providing future benefits. Assets are reported on the company's balance sheet. They are classified as short-term, fixed, financial, and intangible.
Despite all this, a car is an asset even for less than what you paid for it because it can be quickly turned into cash on the market. That alone, by definition, makes it an asset. It's these additional costs and constant depreciation that make a car worthless.
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If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.
<h3>Expected range of return </h3>
Expected range of return = 10.94 percent ± 2(20.98 percent)
Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]
Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent
Expected range of return = -31.02 percent to +52.9 percent
Inconclusion the range of returns is: -31.02 percent to +52.9 percent.
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Fixed Costs: 420,000
Variable Costs: 65%
Your BREAK-EVEN Point is: $1,200,000 USD or 600 Units @ $200 Each
The term that best fits the blank above is HOT SITE. A hot site is very useful once a business experiences disaster in the recovery service. This allows the business to still resume in utilizing computer operations when a disaster happens. Therefore, it would be a great advantage to have a hot site or any equivalent to this.
