The two major types of transaction that affects the international flow of money are b. debits and credits.
When you say debits, it the liabilities and when you say credits its the assets. These two is the major transaction that makes a big impact to the economy.
Answer:
It is 0.98
Explanation:
Total Assets Turnover Ratio(TATR) = <u> Net Sales </u>
Average Total Assets
Net Assets =Gross Sales-Trade discounts-Sales tax-Sales return
TATR = 940,000/955,000 = 0.98 times
It is the ratio of a company's net sales to its average assets employed.
It is a ratio that tells how efficient the company is using its assets to generate its revenue.
The drawback of this ratio is that, if the divisional manager performance is based on this, it may sometimes leads to short-term view of performance. This may then encourage dysfunctional behaviour which may include refusal to replace an old assets with lower based value which when replace may reduce this ratio because of the higher based value of the new assets while sales still remain the same
Treasurer-person makes original journal entries in the general ledger and reporting system about events such as dividend payments and payments to creditors
<h3>What does us Treasurer do?</h3>
The Treasurer of the United States has direct oversight over the U.S. Mint, the Bureau of Engraving and Printing and Fort Knox and is a key liaison with the Federal Reserve. In addition, the Treasurer serves as a senior advisor to the Secretary in the areas of neighborhood development and public engagement.
<h3>Why is it referred to as a Treasurer?</h3>
Originally the phrase referred to the individual in charge of the treasure of a noble; however, it has now moved into wider use. In England at some stage in the seventeenth century, a function of Lord High Treasurer was used on a number of events as the 0.33 remarkable officer of the Crown.
<h3>What is the electricity of treasurer?</h3>
He is the individual accountable for controlling monetary complications, making reports, recording finances, and managing the have confidence financial institution accounts.
Learn more about Treasurer here:
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Factory owners may tolerate sweatshop conditions in an effort to keep production HIGH and costs LOW.
Every factory owner aims to produce its maximum quantity of output at lesser costs. This is to ensure that the generated profit will be higher.
Production is low and costs are high. Revenue will be low and profit will also be low.