Answer:
An online retailer would on a balance of probability have a higher asset turnover than a brick-and-mortar retailer.
Explanation:
The reason is not farfetched. If done properly, an online retailer is most likely to succeed at reaching more customers and penetrating more markets.
The total population of active internet users is currently estimated at 4.5 Billion. For truly global products or retail outlets such as Amazon and Alibaba, this figure is staggering. It is impossible to compare a truly successful online retailer to a brick-and-mortar retailer whose market, at its best, covers only those within its locality.
So using online retail store such as Amazon as an example, they might have significant investment in online platforms, dedicated servers and warehouses, their turnover which as at 2019 stood at 4.5x is relatively strong.
The supply chain drivers which impact asset turnover are inventory, accounts receivables and facilities.
Cheers!
Answer:
a. 0.89
b. 86.67%
c. $37,600
Explanation:
A. Current ratio = Current Assets / current liabilities
= 252,500 / 284,500
= 0.8875
= 0.89
B. Debt to assets ratio = Total liabilities / Total assets
=$374,000 / $431,500
=0.8667%
= 86.67%
C. Free cash flow = Net cash provided by operating activities - Capital expenditure
= $62,100 - $24,500
= $37,600
Answer:
the current income tax expense or benefit is $103,583
Explanation:
The computation of the current income tax expense or benefit is shown below:
Current income tax expense is
= (pre - tax book income - favourable temporary difference + unfavorable temporary difference + unfavourable permanent difference) × tax rate
= ($365,000 - $13,750 + $97,000 + $45,000) × 21%
= $493,250 × 21%
= $103,583
We assumed the tax rate be 21%
hence, the current income tax expense or benefit is $103,583
Answer:
Please find the detailed answer below
Explanation:
1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:
Appointment of auditors (if there are any)
Appointment or re-appointment of directors.
Removal of a director or the auditor etc.
2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.
3. This is known as proxy solicits
4. A QUORUM must be present, either in person or through proxies
5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote
