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gizmo_the_mogwai [7]
3 years ago
10

A company had average total assets of $955,000. Its gross sales were $1,108,000 and its net sales were $940,000. The company's t

otal asset turnover equals:
1.02.

0.86.

1.18

0.98.

1.13.
Business
1 answer:
Natali5045456 [20]3 years ago
6 0

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

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Explain one recognised technique used by innovations to protect the intellectual property (IP) of their ideas.
BlackZzzverrR [31]

Answer:

Register copyrights, trademarks, and patents.

Explanation:

Copyright GIVES protection of tangible and intangible creative works. The moment you create something, you are the owner. However, you will have proof if you register your work.

the same goes with trademarks and patents.  Register so that you will have proof of creation.

3 0
2 years ago
Q-mart wants to know what safety stock should be maintained for its jumbo flyer if j. flyer's daily demand is normally distribut
asambeis [7]
The answer is 10.  (<span>Multiply your maximum daily usage by your maximum lead time in days. Multiply your average daily usage by your average lead time in days. </span>Calculate<span> the difference between the two to determine your </span>Safety Stock)<span>.   5x4=20     2x4  = 8   20-8=12 x .95 =  11.4  closest value is 10.</span>
7 0
3 years ago
As of December 31, 2019, Armani Company’s financial records show the following items and amounts.
MrRa [10]

Answer:

Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.

Operating expense (salaries expense+rent expense)=20000+12000=32000

Selling and administrative expense = 8000

Explanation:

                                       Armani Company

                               Year end Income statement 2019

Revenue                                                                            = 55000

less: Operating expense                                                  =(<u>32000</u>)

                                            Gross Profit                             23000

less :Selling and administrative expense                         = (<u>8000</u>)

                                              Net profit                                  15000

Notes: Question should be mentioned the company nature of business so that we can identify company real business.

8 0
3 years ago
Big data analytics programs (analyzing massive data sets to make decisions) use gigantic computing power to quantify trends that
Gekata [30.6K]

Answer:

It will not decrease the humanity of production.

Explanation:

Big data analytics is useful for unraveling hidden patterns and correlations. Big data analytics is sometimes linked to be a direct descendant of Frederick Winslow Taylor’s scientific management and recently it is the most recent iteration of the quantitative approach to management.

Big data is used in management in activities that includes humans or individuals therefore it will not reduce the humanity of production in organizations.

6 0
3 years ago
At Central High School, 28% of the students are Freshmen, 26% are Sophomores, 24% are Juniors, and 22% are Seniors. The student
gregori [183]

Answer:

This is a stratified random sample because a separate random sample is selected from each class

Explanation:

Stratified random sampling is an appropriate method when the population consists of mixed characteristics and you would like to ensure that every characteristic is proportionally represented in the sample. In this example, the population is the students from Central High School and the mixed characteristics are the different classes such as Freshman students, Sophomore students, Juniors and Seniors.

After the population is divided into subgroups based on characteristics, from the overall proportion of the population, you calculate how many people should be sampled in each subgroup. Random or systematic sampling can then be used to select a sample from each subgroup.

6 0
3 years ago
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