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shepuryov [24]
4 years ago
6

Spears Co. had net sales of $35,400 million. Its average total assets for the period were $14,700 million. Spears' total asset t

urnover equals:

Business
2 answers:
Natalka [10]4 years ago
8 0

Answer:

2.41

Explanation:

To calculate the asset turnover ratio,we need to  divide net sales or revenue by the average total assets . In this particular case we have net sales of $35,400 million and ts average total assets for the period were $14,700 million . Please refer to the attachment for the formula and calculation .

bulgar [2K]4 years ago
7 0

Spears' total asset turnover is 2.41

Total Asset Turnover = Net Sales/Average Total Assets

Total Asset Turnover = $35,400/$14,700 = 2.41

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Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the
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Answer:

Alpha Technology

Outstanding Computer's consumption ratio for setup hours is:

b. 0.48

Explanation:

a) Data and Calculations:

Overhead activities and costs:

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Machining $15,000

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Direct Labor                         $25,000         $10,000

Direct Materials                   $20,000          $5,000

Expected Production in Units 3,000             3,000

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8 0
3 years ago
The type of data that has already been gathered by another source is called
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Researchers in the health and social sciences can obtain their data by getting it directly from the subjects they’re interested in. This data they collect is called primary data. Another type of data that may help researchers is the data that has already been gathered by someone else. This is called secondary data. Hope this helped!
5 0
3 years ago
Northwest Fur Co. started 2021 with $103,000 of merchandise inventory on hand. During 2021, $560,000 in merchandise was purchase
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Answer:

The cost of goods available for sale is $650,100

Explanation:

Credit terms of 3/15, n/45 means that 3% discount for the payment within 15 days and the full amount to be paid within 45 days.

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Net Purchases = Purchases - Purchase Returns - Purchases Discounts + Freight-In = $560,000 - $4,900 - $16,800 + $8,800 = $547,100

The cost of goods available for sale = Beginning merchandise inventory + Net Purchases = $103,000 + $547,100 = $650,100

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3 years ago
What are three ways that can ensure your message is clear and not misnunderstood?
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Your communication style matches theirs

ask them what they heard. how they might explain it to others

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4 0
3 years ago
A corn farmer is considered a ________ if he chooses not to join the national interest group his fellow farmers created, yet sti
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A corn farmer is considered a free rider if he chooses not to join the national interest group his fellow farmers created, yet still reaps the benefits of the tax incentives the group lobbied for and won. 
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3 years ago
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