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RSB [31]
4 years ago
5

When using the asset turnover ratio, which of the following is true? a.The ratio measures how effectively a business is using it

s assets to generate sales. b.The assets used in computing this ratio may be the average of monthly assets. c.A high ratio indicates an effective use of assets. d.All of these choices are true.
Business
1 answer:
Svetllana [295]4 years ago
8 0

Answer:

a business is using its assets to generate sales.

Explanation:

The formula to compute the asset turnover ratio is shown below:

Asset turnover ratio = Net sales ÷ average total assets

where,

Average total assets = (Opening balance of assets + ending balance of assets) ÷ 2

And, the net sales = sales revenue - sales discounts - sales returns

Thus,  option A is correct and the rest options are wrong

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suppose the labor force in an economy equals 153 million workers. out of 153 million workers, 145.2 million workers are employed
34kurt

The unemployment rate equals 5.10 percent

What is unemployment rate?

Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.

The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:

unemployment rate=unemployed/labor force

unemployed=7.8 million

labor force=153 million

unemployment rate=7.8 million/153 million

unemployment rate=5.10%

Find out more about unemployment rate on:brainly.com/question/18120862

#SPJ1

4 0
2 years ago
Read 2 more answers
PromptMichael and Johnny are sitting at a bar having a few beers. Michael is a product engineer and Johnny is an electrical engi
larisa86 [58]

Answer:

No, there was no arrangement of any kind. It was either a common idea or a notion that Johnny shared with Michael.

Explanation:

There are a range of contracts or agreements, depending on the stage of the implementation of the concept of the invention, to safeguard the rights of the various stakeholders to the intellectual property of modern, concrete and original concepts and also to prevent any misuse or misappropriation of the concept, as follows-

  • Non-disclosure policy on confidentiality.
  • Non-compete agreement on the non-appeal of product rights by the recipient or listener of the definition.
  • Function on the contract of hire-employed if there is a co-inventor against any fraud.

And, in that case, there were none of the above agreements.

-In addition, ideas can not be covered solely until they are an Express that is real, original, and feasible. Since copyright protects speech and patents against inventions, the mere concept or idea of a product can not guarantee any legal right to design.

In fact, Mr. Johnny had not previously submitted a provisional patent application to defend his concept. It plays an important role in certain countries, such as the US, where the applicant can protect his idea on a provisional basis for up to one year by enabling his idea to be classified as 'patent pending.'

So, according to the above statements & evidence, Johnny did not have the legal right to the definition, but Michael did.

-Yeah, this is a breach of intellectual property rights. Since the term or idea was not Michael's own, it was taken from Johnny. But Johnny did not have the intellectual property right lodged to sue Michael due to lack of facts, i.e. an agreement signed by Michael against non-disclosure or non-competition.

4 0
4 years ago
When making additional business decisions management should consider?
Delvig [45]
Maybe how long you’re willing to be committed to that certain job or your goals in life so they are able to take you seriously.

This is just a guess btw but I hope this gave you an idea. :)
8 0
3 years ago
Not heading back to school due to high
WITCHER [35]

Answer:

The answer is D, hope this helped!

Explanation:

The answer is D because its a realistic thing to have bills and sometimes you have to take risks or youll have nothing. <3

3 0
3 years ago
The following transactions occurred during July:1. Received $1,200 cash for services performed during July.2. Received $6,400 ca
nikklg [1K]

Answer:

The amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

Explanation:

The applicable accounting concept here is accrual concept.

Accrual concept states that revenue is recognized when it is earned and expenses are also recognized when they are incured no matter when cash is received or paid.

Based on the accrual concept, only transactions 1 and 4 will be used in calculating the amount of revenue for July as follows:

July revenue = Cash received for services performed during July + Billing of customers for services performed on account in July = $1,200 + $4,100 = $5,300

Therefore, the amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

7 0
3 years ago
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