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Charra [1.4K]
3 years ago
11

It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and

only all the firms being compared have the same proportion of fixed assets to total assets.a) trueb) false
Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

False

Explanation:

fixed assets turnover ratio = net sales / average fixed assets

This ration measures how effectively a company uses its fixed assets to generate sales. If a company's fixed assets turnover ratio is higher than the industry average, it means that  it is using its assets more efficiently to generate more sales or it is working at an over capacity, and it needs to add more fixed assets.

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What are some arguments in favor of raising the minimum wage? On the other hand, what are some arguments against raising the min
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Explanation:

The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.

The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.

Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.

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Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $16.00
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Answer:

$164,210 decrease

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