Answer: d. 2.27
Explanation:
Asset Turnover = Total sales / Average Assets
Last years turnover ratio was 2.0 so assume Sales were $20 and Assets were $10 which would give the turnover of 2.0
The new turnover would be;
= (20 * 1.25)/(10 * 1.1)
= 25/11
= 2.27
Answer:
False
Explanation:
Usually distributions reduce a partner's outside basis in a partnership, they are generally not considered income. Since most distributions are not considered income, they do not result in gains for the partner. Some distributions may result in gains, such as certain cash distributions or securities (bonds) distributions. It is uncommon for a gain to result from property being distributed.
The answer is B, and the subject line has to be short and cohesive with the subject of the whole e-mail.
Answer:
The answer is false.
Explanation:
just did the lesson and got the question wrong on true
Answer:
a. $0.98
b. 6,000 container
Explanation:
a. The computation of the incremental contribution margin per container is shown below:
= Drop selling price - total variable manufacturing cost - drop selling price × sales commission - sale value in raw form × basis
= $4.40 - $0.95 - $4.4 × 5% - 3 × 3 ÷ 4
= $0.98
b. The minimum number of containers of candy sold each month is
= (Per month salary paid to sales person + Master candy maker salary) ÷ ( incremental contribution margin per container)
= ($2,000 + $3,880) ÷ $0.98
= 6,000 container
We simply applied the above formulas so that the a and b part could arrive