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anygoal [31]
2 years ago
13

A change in the asset turnover ratio from 1.3 to 1.6 would indicate a. a decrease in the effectiveness of assets in producing sa

les. by. an unfavorable trend in using assets to generate sales. ca favorable trend in using assets to generate sales. d. None of these choices are correct.
Business
1 answer:
Zarrin [17]2 years ago
7 0

Answer:

a decrease in the effectiveness of assets in producing sales by a favorable trend in using assets to generate sales.

Explanation:

Assets turnover ratio = \frac{Net Sales}{Average assets}

Therefore when the ratio increases it means the level of sales has increased, with a higher rate than earlier.

Now also with this it reflects that the effectiveness of assets in producing sales as by a favorable trend, as higher the ratio more favorable it is, as depicts higher sales.

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Answer and Explanation:

The journal entries are shown below:

On September 1

Cash $520

      Sales $520

(Being the sale is recorded)

On September 1

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(Being the cost is recorded)

On September 1

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(Being the warranty expense is recorded)

On July 24

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(Being the estimated warranty liability is recorded)

6 0
2 years ago
All of the following describe a budget appropriately EXCEPT: A. It is the best tool to help you get more for your money. B. It i
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Answer:

Ithink B

Explanation:

but I'm not sure

5 0
2 years ago
Read 2 more answers
George Steinbrenner transferred his passion for winning to everyone in the New York Yankees organization. His famous quote is, "
pshichka [43]

Answer: Leading function

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Thus, the quoting of George steinbrenner is an example of leadership as he is motivating others in the organisation.

7 0
3 years ago
Ball bearings,inc. faces costs of production as follows:
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<span>Ball bearings can face both fixed and variable costs of production. If we take a look at the fixed costs these would be: the cost of the factory, the cost of the machine, the maintenance of the machine which are needed to create the ball bearings etc. The variable costs are: the wages of the employee, the cost of the raw materials, and utilities required to create the ball bearings.</span>
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3 years ago
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A multinational corporation has manufacturing facilities in many Asian countries due to cheaper labor. Which strategy is the cor
tatiyna

Answer:

acquisition of resources

Explanation:

The strategy that this corporation is using would be considered the acquisition of resources. This is what every multinational company does in order to cut down costs as much as possible. By pursuing and obtaining cheaper labor in a foreign country, the company is cutting down its overall costs. This can be done by also importing other resources from locations in which that resource is abundant meaning it is therefore much cheaper.

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3 years ago
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