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goldfiish [28.3K]
3 years ago
10

Kermit calculated his total asset turnover to be 1.13. this tells kermit that:

Business
1 answer:
Vikki [24]3 years ago
3 0
Since Kermit calculated his total asset turnover to be 1.13, this tells Kermit that <span>every dollar of assets generates $1.13 in sales.

</span>Please note that it is useful to add the options provided with the question, in order to get an accurate answer and have your question answered quicker.

Hope this helps!!
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The rule to remember when accounting for bonds sold at a premium or at a discount is that Bonds Payable is always credited for t
Sever21 [200]

Answer:

Cr Bonds Payable account 50,000

Cr Premium on Bonds Payable account 2,000

Explanation:

The complete journal record should be:

  • Dr Cash account 52,000
  • Cr Bonds Payable account 50,000
  • Cr Premium on Bonds Payable account 2,000

Since cash is an asset and it increases, it should be debited.

Since bonds payable and premium on bonds payable are liabilities and they increase, they should be credited.

7 0
3 years ago
Significant investment features for the purchaser of municipal bonds include all of the following EXCEPT: A interest is currentl
makvit [3.9K]

Answer: the correct answer is C interest is currently state and local tax exempt.

Explanation:

A municipal bond is a debt obligation issued by a non-profit organization.

The option C. offers regular or common features that's why it is the correct answer (they are not significant).  

5 0
3 years ago
George
Yanka [14]

Answer: Yes, because negative correlation coefficient implies there is negative correlation between quantities.

Explanation:

Correlation is a term we use to define the strength and direction of relation ship between two variables.

Negative correlation coefficient means there is a negative correlation between the variables , that is if one increases the other decreases.

Here, variables are : " investment in the textile"  and "average temperature in Minnesota during January "

So -0.60 defines that there is negative correlation between the investment in the textile and the average temperature in Minnesota during January.

8 0
3 years ago
Suppose the current level of output is 5000. If the elasticities of output with respect to capital and
exis [7]

Answer:

Option C is correct one. 5575

Explanation:

Percentage change in output due to percentage change in capital

= (0.3)*(10%) = 3% So, increase in output = (3%)*(5000) = 150

Percentage change in output due to percentage change in labour

= (0.7)*(5%) = 3.5% So, increase in output = (3.5%)*(5000) = 175

Increase in output due to increase in productivity

= (5%)*(5000) = 250

So, increased output = 5000 + 150 + 175 + 250 = 5575

6 0
3 years ago
Which of the following factors is likely to have a positive impact on the success of a TQM program? Check all that apply. Employ
irakobra [83]

Answer:

continued improvement.allows consistent tqm

7 0
2 years ago
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