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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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Shugart sells two products. Product A sells for $88 with variable costs of $38. Product B sells for $143 with variable costs of
andrew11 [14]

Answer:

$81 approx

Explanation:

Contribution margin refers to sales receipts in excess of variable costs incurred. This represents contribution from a product earned which is after variable costs have been incurred.

<u>Product A</u>

Selling price per unit = $88

Variable cost per unit = $38

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $88 - $38 = $50

Similarly, for <u>product B</u>,

Contribution margin per unit = $143 - $47= $96

<u>Products         Weights            Contribution        Weighted contribution</u>

A                       0.32                    50                            16

B                       <u>0.68</u>                    96                            <u>65.28</u>

                         1.00                                                     81.28

Hence, weighted average contribution margin is $81.28 or $81 approx

7 0
3 years ago
Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three ye
sweet [91]

Answer:

a) functional planning

Explanation:

Functional planning is a type of planning made to achieve consistent working of the company taking into account the function and of each and every department.

It is achieved by setting goals, continuously assessing the functions of every department, measuring the achieved goals (success) and projecting the future achievement of the company (foresight).

6 0
3 years ago
Prime and Conversion Costs Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for a magazine pub
Gnesinka [82]
C is the right answer
3 0
3 years ago
Read 2 more answers
Sol purchased land as an investment on February 12, 2018 for $85,000. On January 31, 2019, Sol sold the land for $90,000 cash. W
photoshop1234 [79]

Answer:

c)Short term capital gain.

Explanation:

Since in the question it is mentioned that the land is purchased by Sol as on Feb 12,2018 for $85,000 and the land was sold by Sol as on Jan 31, 2019 for $90,000 in cash

So as we can see the difference in the purchase date and sale date would be less than one year and the transactions related to the capital assets would be termed as capital gain

Since it is less than one year so it is a short term capital gain

Hence, the correct option is c.

7 0
3 years ago
With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.
SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

Read more about free trade

brainly.com/question/10608502

#SPJ1

4 0
1 year ago
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