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Lena [83]
4 years ago
5

A firm with $600,000 in sales, cash on hand of $750,000, liabilities of $200,000 and total assets of $1 million has a total asse

t turnover of ______ times.
Business
1 answer:
RideAnS [48]4 years ago
5 0

Answer:

 Total Asset Turnover = 0.6 times

                       

Explanation:

Total Asset Turnover = $600,000/$1,000,000

Total Asset Turnover = 0.6 times

It measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company. Companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover.

It is an important financial ratio used to understand how well the company is utilizing its assets to generate revenue.

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Stephanie, a recent college graduate in computer programming, is interested in several positions with global companies because s
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The answer is experience, it is because when she works with other companies and to be able to work in different places, she is able to gather and exhibit experiences in which are important to potential employers as this will set as a beneficiary for them.
3 0
4 years ago
According to the classical dichotomy, when the money supply doubles, which of the following also doubles?
masha68 [24]

Answer: Option (C) is correct.

Explanation:

Correct option: The price level and nominal wages.

According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.

A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.

7 0
3 years ago
"Jefferson Sports Medicine, Inc., offers two types of physical exams for students : the basic physical and the extended physical
mafiozo [28]

Answer:

                                The sales budget    

          Jefferson Sports Medicine, Inc budgets sales budget (Amounts in $)

                                                              Months                            

Physical examination    July           August         September   Total

Basic physical               13,200       14,100           6,300           33,600

Extended physical        25,650       27,000         14,850          <u>67,500</u>

                                                                                                  <u> 101,100 </u>              

Explanation:

The sales expense shows the forecasted of sales from the various types of physical examination for a given period. These include the sales expected from Physical examination. The sales are the products of the charge per examination and the number of examinations conducted. It may be computed as follows;

July;

Physical examination

= $60 * 220

= $13,200

Extended physical

= $135 * 190

= $25,650

August

= $60 * 235

= $14,100

Extended physical

= $135 * 200

= $27,000

September

= $60 * 105

= $6,300

Extended physical

= $135 * 110

= $14,850

4 0
3 years ago
A mixed economy is one in which: a. ​decisions are based primarily on religion or custom. b. ​resources are both publicly and pr
SCORPION-xisa [38]

Answer:

d. ​all resources are privately owned and prices are used to coordinate economic activity.

Explanation:

  • A mixed economy is a system of the economy that is based on the aspects of the capitalism and the socialism and is the style that protect the private ownership and allows for the levels of the economic freedom.
  • In the case of the capital and also allows for the government intervene in the matter of the economy and in order to obtain social aims.
3 0
3 years ago
After 10 years, some shares of stock originally purchased for $500 total were sold for $900 total. what was the yield on the inv
vampirchik [111]

Answer:

The statement is true

Explanation:

3 0
2 years ago
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