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
Answer:
value of your total investment income 362.80
Explanation:
The computation of the value of your total investment income in two years is shown below
Value of Dividend after 2 years (200 × .20 × 1.07)42.80
Value of Liquidating Dividend (200 × 1.60) 320.00
value of your total investment income 362.80
Answer:
false
Explanation:
Sunk cost is cost that has already been incurred and cannot be recovered. it should not be considered when making future decisions
