Answer:
the total asset turnover is 2.65 times
Explanation:
The computation of the total asset turnover is shown below;
As we know that
Total assets turnover is
= Net sales ÷ average of total assets
= $720,855 ÷ ($91,932 + $206,935 + $111,201 + $133,851) ÷ 2
= $720,855 ÷ $271,959.50
= 2.65 times
Hence, the total asset turnover is 2.65 times
The number of clicks that a person can receive in a given day will be ranging from 380 to 289 clicks if the cost is between $1.71 to $2.25.
<h3>What do you mean by ad clicks?</h3>
Ad Clicks are an advertising metric that counts the range of instances customers have clicked on a virtual commercial to attain a web property.
In the pay-per-click model, users bid on keywords and pay for each click on their advertisements.
As per the information, we can divide the total budget by the cost given to get the maximum amount of clicks per day.
Thus, the number of clicks that a person can receive in a given day will be ranging from 380 to 289 clicks.
Learn more about ad clicks here:
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Answer:
1. 48 dollars
2. 30 dollars
Explanation:
The yearly premium on their homeowner's insurance policy is $600 for the coverage they need.
Their insurance company offers a discount of 8 percent if they install dead-bolt locks on all exterior doors.The couple can also receive a discount of 5 percent if they install smoke detectors on each floor.
1. What discount will Dave and Ellen receive if they install the dead-bolt locks?
discount for deadbolts =
Discount % x Premium
0.08 x 600 = 48 dollars
b. What discount will Dave and Ellen receive if they install smoke detectors?
discount for deadbolts =
Discount% x Premium
0.05 x 600 = 30 dollars
Answer:
D. deposits made by its customers but not reserves
Explanation:
According to the conceptual framework of the International Financial Reporting Standards (IFRS), a liability is an obligation, a present obligation as a result of past transaction, the settlement of which future economic benefits are expected to flow out from the entity or result in a reduction in the assets of the entity.
The focus is on the word 'obligation'.
As such, when customers make deposit in a bank, the obligation (liability) of the bank increases as the funds deposited remain that of the customer and the bank is obliged to pay the customer whenever the customer demands the funds.
The bank usually sends the customer a credit alert which is a snapshot of the banks position with the customer. This credit alert tells the customer that the liability of the bank has increased as a result of the deposit made by the customer.
A reserve on the other hand, is a retention of profit from previous financial periods. A reserve is usually added under capital in the statement of financial position as an increase in equity, thus a reserve is not a liability.
I hope this helps you understand the question better and you can solve similar questions
<u>b. It can only be used for one variable at a time</u> is the false statement regarding the use of simulation in multinational capital budgeting.
<u>Explanation</u>:
The process of determining the net present value of the project is known as multinational capital budgeting. The capital budget can be determined by estimating the present value of cash flow in the project and subtracting the initial expenditure required for the projects.
When considering the use of simulation in multinational capital budgeting, it can be used for many variables at a time.
The flow of cash is focused in the long-term investment projects. Multinational capital budgeting can help in determining investment opportunity of the company.
