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stealth61 [152]
3 years ago
12

To increase total asset turnover, management must either increase sales or reduce total stockholders’ equity.A. TrueB. False

Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

<u><em>FALSE</em></u>

Explanation:

Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>

<em />

To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.

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Purchase goods on credit Rs. 2000 from sudip at 10% trade discount. ​
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Answer:

your answer is Rs.200.

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2 years ago
One of the four conditions for perfect competition is few sellers and buyers. <br><br> True or False
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<em>The answer you are looking for is: </em>
<u><em>True</em></u>
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3 years ago
Australia's Health Insurance Commission processes 300 million health claims and makes annual payments of $8 billion of payments
Aleks04 [339]

The insurance company would store all its information in a <u>data warehouse</u> to support management decision making.

<h3>What is a data warehouse?</h3>

This means the large store of data that was accumulated from a wide range of sources within a firm and are used to guide the management decisions.

Therefore, the data warehouse is the facility that will store tha data for future use and to support management decision making.

Read more about data warehouse

<em>brainly.com/question/25885448</em>

7 0
2 years ago
In its income statement for the year ended December 31, 2022, Whispering Winds Corp. reported the following condensed data. Oper
vagabundo [1.1K]

The Multiple Income Statement is $127,000.

<h3>Multiple Income Statement</h3>

Multiple Income Statement For the Year Ending Dec. 31, 2022

Particulars Amount ($)

Net sales 2,199,000

Less: Cost of goods sold 1,255,000

Gross profit 944,000

(2,199,000-1,255,000)

Less: Operating expenses 719,000

Operating income 225,000

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Interest revenue 32,000

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Add: Loss on disposal of plant assets 16,000

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Therefore the Multiple Income Statement is $127,000.

Learn more about Multiple Income Statement here:brainly.com/question/14984579

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