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2 years ago

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If consumers start to believe they need a product, what is likely to happen? A. The demand becomes less elastic. B. The demand b

ecomes more elastic. C. The supply decreases. D. The price decreases. Please select the best answer from the choices provided A B C D

1 answer:

lina2011 [118]2 years ago

7 0

I believe it’s B but I did just search up what elastic means coz I haven’t learnt that

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Answer:

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b. Acid-test ratio = (current assets - inventory) / current liabilities = (190,000 - 50,000) / 153,000 = 0.92

c. Times interest earned = EBIT / interest expense = 65,000 / 8,000 = 8.13

d. Inventory turnover = COGS / inventory = 90,000 / 50,000 = 1.8

e. Total asset turnover = net sales / total assets = 210,000 / 525,000 = 0.4

f. Operating profit margin = operating income / total sales = 65,000 / 210,000 = 0.31

g. Days in receivables = (accounts receivables / total sales) x 365 = (30,000 / 210,000) x 365 = 52.14 days

h. Operating return on assets = operating income / total assets = 65,000 / 525,000 = 0.12

i. Debt ratio = total liabilities / total assets = 273,000 / 525,000 = 0.52

j. Fixed asset turnover = total sales / fixed assets = 210,000 / 335,000 = 0.63

k. Return on equity = net income / total equity = 45,030 / 252,000 = 0.18

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2 years ago

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Thus, the management function Shondra performs here is <u>Option III</u>.

Learn more about management functions at brainly.com/question/17083312

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Answer:

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