<u>Answer:</u>0.775 times
<u>Explanation:</u>
Given
Gross sales 100000
Sales returns 5000
Sales discounts 2000
Tangible assets 25000
Average total assets 120000
Calculation of assets turn over ratio
Assets turnover ratio = Net sales / Average total assets
=(100000-5000-2000)/120000
=0.775 times
Assets turnover ratio is 0.775 times
Gross sales is the sales made by the company but net sales is where the actual value of sales has happened after the rebates, allowances and discounts. Assets turn over ratio is used to measure the company's abilities to utilize its assets efficiently in generating sales income to the company.
<span>Among the choices the excise taxes includes: fast-food restaurants, cigarettes, alcohol, gasoline. Extract taxes once in a while basically called an extract or an extract obligation, is an expense forced on specific merchandise and enterprises. Both elected and state governments can pick what products and ventures are liable to extract charge. As an aberrant duty, the extract sum is incorporated into the aggregate price tag of the item or administration.</span>
Answer:
b. the right to be informed
Explanation:
Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.
Answer:
Uncertainty over Reliable and Unreliable Product
a. Given this uncertainty, the most this consumer will pay to purchase one unit of this product is $25
b. The amount that this consumer will be willing to pay for the product if the firm offering the reliable product includes a warranty that will protect the consumer is $50.
c. This is because the stated maximum amount that the consumer is willing to pay for the reliable product is $50. She is not prepared to spend more than this amount on the reliable product.
Explanation:
a) Data and Calculations:
Unreliable Reliable
Maximum amount the consumer will pay $0 $50
Probability of reliability 0.5 0.5
Expected amount to pay for either product $0 $25 ($50 * 0.5)
a. Given this uncertainty, the most this consumer will pay to purchase one unit of this product is $25 ($0 + $25)
