Which best describes how specialized producers decrease their opportunity costs?

Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686

mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars 2016 2017

Total assets in the beginning $1,686,000 $1,800,000

Total assets at the end $1,800,000 $1,982,000

Average assets $1,743,000 $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue $5,856,480 $8,679,690

Total assets turnover $3.36 $4.59

(Sales revenue ÷ Average Total assets)

4 0

3 years ago

True or False:

kramer

Explanation:

22

3 25

6 15

a. Determine which variable is the dependent variable.

b. Compute the least squares estimated line.

c. Compute the coefficient of determination. How would you interpret this value

5 0

3 years ago

The following items were included in Castle City's General Fund expenditures for the year ended June. Personal computer for the

ad-work [718]

Answer:

$0

Explanation:

Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.

Capital assets are used in the business operations to generate more revenues for the company. They are assets with a use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.

8 0

3 years ago

Which guy is on the dollar bill

notsponge [240]

Answer: George Washington

Explanation: He was a founding father of the U.S, establishing his importance in history and earning a place on the U.S currency.

5 0

3 years ago

Read 2 more answers

Transactions in a Job Order Cost System Five selected transactions for the current month are indicated by letters in the followi

jeka94

Each of five transactions can be defined as follows:

a) Authorization for use of materials (both direct and indirect).

b) Work used in the factory (both direct and indirect).

c) Factory over-the-counter application to employment.

d) Fulfilled jobs.

e) Goods selling costs.

Following are the description of the transaction:

For a)

A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
It is also a material request or materials requirements document.
The document the requester will retain a copy of the form, just as do the warehouse personnel.

For b)

The plant system is a production process utilizing machinery & manpower divisions.
Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.

For c)

The overhead manufacturing costs are added or applied to each work during the manufacturing process.
Those costs will be included in the processing costs in conjunction with direct material and direct.

For d)

Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.

For e)

The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
Indirect spending, such as distribution and sales force expenses, is excluded.

Learn more:

brainly.com/question/21487187

8 0

3 years ago

Which best describes how specialized producers decrease their opportunity costs?​

Which best describes how specialized producers decrease their opportunity costs?