A firm that possess total asset turnover that is lower than
of the industry standard and their ratio meets the standards of the industry is
called the excessive fixed assets. The excessive fixed assets are the fixed
assets in which the production that the firm owns is not consumed or converted
and they are being done excessively.
Answer: To understand how businesses need money and how they can sustain themselves for a period of time to fund bills and still operate
Explanation:
Understanding the relationship between cash conversation cycle and contemporary business executive aims at knowing the business needs funds to operate and building strategic alliances, make money and propose ideas that will sustain and elevate it's strength for some time. Money is vital in running business operations, as organizations will foot bills and do some expenditure and sought out ways to earn more business.
Answer: Take a picture of the check and email it to the company's address.
Answer: Option C
Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration etc.
Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.
Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.
