1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MA_775_DIABLO [31]
3 years ago
15

The Harrisburg Store has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities o

f $3,908. How many dollars' worth of sales are generated from every $1 in total assets? Select one: a. $1.08 b. $1.14 c. $1.19 d. $84 e. $93
Business
1 answer:
Flauer [41]3 years ago
7 0

Answer:

a. $1.08

Explanation:

Total assets include net fixed assets, working capital and current liabilities. Harrisburg Store's total assets are:

A= \$22,407+\$2,715+\$3,908\\A=\$29,030

The total asset turnover is the amount of money worth of sales generated from every $1 in total assets and is given by:

TAT=\frac{sales}{assets}=\frac{\$31,350}{\$29,030} \\TAT = \$1.08

$1.08 worth of sales are generated from every $1 in total assets.

You might be interested in
What is meant by “moe”? for the effectiveness analysis of a sport utility vehicle (suv), list what you think would be the 10 mos
mestny [16]
<span>MOE stands for 'measure of effectiveness'. Some of the most critical characteristics when exercising the analysis are: Visualization, Validation, Reflection,Evaluation, Estimation, Approach, Functional Errors, Standards and operational effectiveness.</span>
6 0
3 years ago
Marie is a small-business owner who loves to take risks. She also enjoys going out and meeting customers and potential clients—t
DerKrebs [107]

Answer:

Conceptual

Explanation:

Conceptual decision making is based on creative thinking and the leader is not afraid to take risks and take the visionary approach to solve his/her problems. In the given scenario, Marie is a risk taker and consider her alternatives taking into account the broader perspective and future possibilities. She is more achievement oriented than finding immediate short term solutions.

7 0
3 years ago
The process of formalizing acceptance of the completed project deliverables is also known as _______________
vlada-n [284]
The process of formalizing acceptance of the completed project deliverables is also known as Validate Scope.
Hope this helps!
7 0
3 years ago
An employer instituted a wellness program for all employees. The wellness program includes an exercise facility and several pay
Airida [17]

Answer:

Option "B" is the correct answer to the following statement.

Enlightened Self-interest School.

Explanation:

Enlightened self-interest is an ethical principle which states that individuals who act to promote the interests of everyone else, or the interests of the group or groups to something that they belong, inherently act in their interests.

  • Employee wellness programs are plans, about health insurance, a form of medical benefit that many workers provide – in one sort or the other.
  • Defining a wellness program is a system to help employees remain healthy, or helps them improve their quality of life in some cases.
8 0
3 years ago
The interest rate on short-term U.S. government bonds is 4 percent. The risk premium for any asset with a beta = 1.0 is 6 percen
Basile [38]

Answer:

The average expected rate of return on the market portfolio is 10 percent.

Explanation:

The CAPM (fixed asset pricing) model describes the relationship between systematic risk and expected return on assets, especially stocks. CAPM is widely used throughout the financial community to value high-risk securities and achieve the expected returns on assets when taking into account the risk of those assets and the cost of capital.

The formula for calculating the expected return on an asset taking into account its risk is as follows:

ERi = Rf + βi (ERm - Rf)

where:

ERi = expected return on investment

Rf = risk-free interest rate = 4 percent.

βi = beta inversion =1.0

(ERm −Rf) = market risk premium = 6 percent.

ERi = 4 + 1 ×(6) =10

The average expected rate of return on the market portfolio is 10 percent.

6 0
3 years ago
Other questions:
  • What is the difference between line structure and line-and-staff structure?
    8·1 answer
  • Ornaments, Inc., is an all-equity firm with a total market value of $531,000 and 19,600 shares of stock outstanding. Management
    11·1 answer
  • Zoogle has the following selected data ($ in millions): (Round your answers to 2 decimal place. Enter your answers in millions (
    7·1 answer
  • Devonshire, Inc. sold merchandise inventory on account at a price of $6,000 with payment terms of 2/10, n/30. The merchandise co
    9·2 answers
  • you believe that the Non-stick Gum factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
    12·1 answer
  • If $ 12 comma 000 is invested in a certain business at the start of the​ year, the investor will receive $ 3 comma 600 at the en
    14·1 answer
  • Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4,
    15·1 answer
  • A.The loss on the cash sale of equipment was $22,125 (details in b).
    11·1 answer
  • Compare and contrast the three most common types of healthcare indemnity plans.
    12·1 answer
  • The purpose of business aviation is to provide safe, efficient, and convenient air transportation to support the mission and goa
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!