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Paladinen [302]
3 years ago
14

Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has investe

d in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio.
Consider the following case:
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total current assets of $79,000, and total current liabilities of $27,650. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Walker Telecommunications sell and replace its inventory?
a. 8.01 x
b. 5.24 x
c. 2.85 x
d. 4.75x
Business
1 answer:
navik [9.2K]3 years ago
7 0

Answer:

Option A 8.01x is the closest answer

Explanation:

Quick ratio =current assets-inventory/current liabilities

let x represent the value of inventory

quick ratio is 2.00

current assets is $79,000

current liabilities is $27,650

2.00=$79,000-x/$27650

2.00*$27,650=$79,000-x

$55,300=$79,000-x

x=$79,000-$55,300

x= $23,700.00  

Inventory turnover =sales/inventory

sales is $200,000

Inventory value is $23,700

inventory turnover ratio=$200,000/$23,700=8.44

The closest option is A,

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Answer:

Private groups and the news media play important roles in shaping opinions in the marketplace of ideas.

Explanation:

The marketplace of ideas denotes to the thought and belief of the idea that the authenticity of the truth or its acceptance depends upon the level of competition which the ideas have with one another. This is irrespective of the view that the truth has been provided by the government or by any authority.

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Processing a new employee's employment-related paperwork, acquiring necessary keys and identification cards, and establishing an
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The answer to this question is a part of Employee onboarding and orientation. An Employee onboarding is the process where a new employee will be welcomed in the company and will inform the new employee of the culture of the company, rules and regulations, and the new hired employee will also receives his or her identification cards, and other related paper works with regards the persons tasks. Also in the employee onboarding, the benefits of the employee are also being discussed to ensure that the new hired employee will know what are his benefits and perks.  Employee Onboarding may take at least 3 days depending on the program schedule that the human resource officer had made. 

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Ron is a sales representative for Staples. He works in a business-to-business environment trying to sell office supply products
grin007 [14]

Answer: C) ​Technical selling

Explanation:

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Technical selling involves the sales personnel addressing the need of customers, explaining the type and features of the product they needs, network with them and make sure they are satisfied.

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Davis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The follo
evablogger [386]

Answer:

$1,800

Explanation:

Calculation to determine the variable overhead efficiency variance

Using this formula

VOH Efficiency Variance = Budgeted VOH based on Actual - Budgeted VOH/Standard Qty

Let plug in the formula

VOH Efficiency Variance = ((16,000 * $1.80/hr) - ((5,000 * 3.00hrs/unit * $1.80/hr))

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2 years ago
The demand for the services of trish's computer services has increased. trish employs several workers who diagnose and fix clien
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Answer:

1) what will happen to the mrp and wages of trish's workers?

the marginal revenue product (MRP) is defined as the additional revenue generated by employing one extra unit of labor. In this case, the MRP will exceed the wages paid by Trish, generating economic rent or above average returns.

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In this case, Trish is earning an economic rent with her business because her earnings are higher than any other earnings that she could make by investing in something else.

4) what factors affect the elasticity of supply of the labor supply curve that trish faces as she hires workers?

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