Answer:
$17,500
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High tutoring cost - low tutoring cost) ÷ (High service hours - low service hours)
= ($125,000 - $55,000) ÷ (4,300 hours - 1,500hours)
= $70,000 ÷ 2,800 hours
= $25
Now the fixed cost equal to
= High tutoring cost - (High service hours × Variable cost per hour)
= $125,000 - (4,300 hours × $25)
= $125,000 - $107,500
= $17,500
Answer:
2.20
Explanation:
The formula to compute the total assets turnover ratio is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
= ($670 ÷ $305)
= 2.20
We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed
All other information which is given is not relevant. Hence, ignored it
for example if you wanted to buy a car but had bad credit most of the time you wouldn't be able to apply for a car loan from a bank. To get better your credit you could spend small amounts on a credit card then pay ahead of time or on time when you pay your bill for the credit card. Like buying packs of gum and small things then paying them off will make your credit grow more.
Hello!
Here are some tips:
• Get a good night's sleep. Believe me, if I don't get at least 7 hours of sleep before a big test, my mind won't function properly and I'll forget everything I'd practised. So, please, get enough sleep.
• Eat something good before the test. It'll help you. When your belly is full, almost everything is okay! :D Seriously, eat enough so that you wouldn't get hungry during the test, and you'll have less to think about. Also, make sure the food doesn't contain too much sugar.
• Take breaks when you're studying. Do NOT cram all those facts in your head, because they won't stay there. Set up a schedule and designate a specific part of every day to studying, and it shouldn't be longer than half an hour.
• Here's a bonus tip I've learned from past experiences. Please don't use TVs, phones, and anything that will distract you. If you need a calculator, USE A CALCULATOR, and not an online one. Otherwise you won't be as productive and it'll definitely distract you.
