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Komok [63]
3 years ago
12

Ryngard Corp's sales last year were $38,000, and its total assets were $16,000. What was its total assets turnover ratio (TATO)?

Business
1 answer:
expeople1 [14]3 years ago
3 0

Answer:

Total assets turnover ratio (TATO): 2.38

Explanation:

Total assets turnover ratio (TATO) helps investors understand how effectively companies are using their assets to generate sales. Total assets turnover ratio is calculated by using following formula:

Total assets turnover =  Total Sales or Revenue/ Average Total Assets

where:

Total Sales= Annual net sales

Average Total Assets = (Assets at the beginning of year  +Assets at the end of year )/2

In Ryngard Corp:

Total Sales: $38,000

Total assets: $16,000

Total assets turnover  = $38,000/$16,000 = 2.38

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In theory, protectionist policies will prevent some imports that might injure workers in several different ways: fewer jobs, low
Tcecarenko [31]

Answer and Explanation:

Protectionist policies followed by the government will lead to lack of competition for domestic firms in the market. When there is lack of competition for domestic firms in the market, this will make the firms inefficient in the long run in the country which has imposed protectionist policies. When the firms become inefficient, there will be less job creation in the jobs market and demand for labor will also reduce because of fall in profits of the firm. When profits fall, the firms will not be interested in providing safe working conditions to its employees because it will increase their cost of production reducing profits further. Thus, protectionist policies can lead to fewer jobs, lower wages or poor working conditions for the firm.

8 0
3 years ago
The S&P 500 has been increasing steadily over the last several months. What does this signal about how investors view future
SVEN [57.7K]

Answer: Investors believe future profits will be higher than previously expected.

Explanation:

If the S&P 500 has been rising, this means that investors are buying more shares in the companies in the index.

This means that these investors believe that the profits to come to these companies is going to be higher than expected. If the profits are expected to be the same as previously thought then there would be little increase in stock prices because the relevant increases would have already occurred.

6 0
2 years ago
Did the reconstruction finance corporation succeed
suter [353]
It was not succeeded.
8 0
3 years ago
The radical view toward fdi argues that mne's extract ______ from the host country and take them back to their home country.
gregori [183]

The radical view toward Foreign Direct Investment (FDI) argues that multinational enterprises extract profit from the host country and take them back to their home country.

<u>What is radical view toward FDI</u>

The radical view linked its roots to Marxist political and economic theory. Radical writes debate that multinational companies dominate the host country’s economy and they considered that these companies are an instrument of imperialist domination. They think that these companies take profit from the host countries and don’t provide any benefit to the host countries. They also argue that multinational companies exploit the host countries’ resources and benefits.

Therefore, the radical view toward Foreign Direct Investment (FDI) argues that multinational enterprises extract profit from the host country and take them back from their home country.

You can learn more about FDI at brainly.com/question/14582473

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7 0
1 year ago
Regina received a bank statement for her account showing a monthly bank charge of $4.35. It also showed that check #502 for $378
slava [35]

Answer:

To reconcile the check register balance to the bank statement balance,

  • The monthly bank charge of $4.35 will be deducted from the balance in the check register
  • Check #502 for $378.56 will be added back to the book balance as  it is yet to be cashed from the bank.

Going by that, the check register balance will be

= $432 - $4.35 + $378.56

= $806.21

This is same as the bank statement balance.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

4 0
2 years ago
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