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agasfer [191]
3 years ago
12

Mr. Fixit, Inc.'s fixed asset turnover was 3.0 in 2019 and 2.4 in 2018. This increase in its fixed asset turnover may indicate t

hat the company ______. (Check all that apply.)
Business
1 answer:
marusya05 [52]3 years ago
5 0

Answer:

- Used its fixed assets more efficiently.

- Had a greater increase in sales relative to its fixed assets.

Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.

WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.

IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.

You might be interested in
The field of accounting that focuses on providing information for external decision makers is:.
SSSSS [86.1K]

The field of accounting that focuses on providing information for external decision makers is Managerial accounting. This is further explained below.

<h3>What is Managerial Accounting?</h3>

Generally, Information for external decision-makers is the primary emphasis of managerial accounting. For investment decisions, stockholders rely heavily on management accounting data.

In conclusion, Managerial accounting is a branch of accounting that specializes in the dissemination of economic data to external decision-makers.

Read more about Managerial accounting

brainly.com/question/14570679

#SPJ1

8 0
2 years ago
The rational-ignorance effect refers to the a. lack of incentive voters have to become well-informed about candidates and issues
densk [106]

Answer:A. The lack of incentive voters have to become well-informed about candidates and issues because their vote is unlikely to affect the outcome of an election.

Explanation: Rational ignorance is a term used to describe the intentional decline or refusal by a person or group of persons to gain certain knowledge,mainly after considering the cost and benefits attached to gaining that knowledge.

When people choose not to learn a particular trade,subject etc after comparing the costs to the potential gains.

RATIONAL IGNORANCE IS ALSO CONCERNED WITH THE DECISION OF VOTERS WHEN MAKING CHOICE OF NOT PARTAKING IN AN ELECTION BECAUSE THEY BELIEVE THAT THEIR VOTES DO NOT COUNT OR HAVE EFFECTS ON THE FINAL OUTCOMES ETC.

5 0
3 years ago
how do i go about getting a job i have applied to multiple places so many times and i never get a call back
Aneli [31]

keep trying and call every once or twice a time in the week

3 0
3 years ago
Malika just got hired by Amazon to work in upper management. She currently lives in South Carolina, and has to move to Californi
zzz [600]

Answer: Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Explanation:

From the question, we are informed that Malika just got hired by Amazon to work in upper management and that she currently lives in South Carolina, and has to move to California for the job.

A good economic reason for her to move her personal belongings on her own rather than hiring someone else is Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Since her job will start in a month, that means that she can use the available time she has to move her personal belongings. Assuming, she has something else to do or she'll be busy and will be hard for her to move it on her own, then it'll be logical to request for someone to help her move it but in this case, she can move it herself as the opportunity cost is low.

4 0
3 years ago
QRM, Inc.'s marginal tax rate is 35%. It can issue 10-year bonds with an annual coupon rate of 7% and a par value of $1,000. Aft
puteri [66]

Answer:

4.87%

Explanation:

In this question , we are asked to calculate the appropriate after-tax cost of new debt for the firm to use in capital budgeting analysis.

PMT = 1000*7% = 70 (indicates the amount of interest payment)

Nper = 10 (indicates the period over which interest payments are made)

PV = 966 (indicates the present value)

FV = 1000 (indicates the future/face value)

Rate = ? (indicates the cost of debt)

After Tax Cost of Debt = Rate(Nper,PMT,PV,FV)*(1-Tax Rate) = Rate(10,70,-966,1000)*(1-.35) = 4.87%

6 0
3 years ago
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