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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 is the maximum price that government allows sellers to charge
oksian1 [2.3K]
I think it's called a price ceiling. At least, that's what I think it is.
4 0
3 years ago
PLEASE HELP NOW I NEED IT ASAP
eimsori [14]

Answer:

Stock: 64%

Mutual Fund: 15%

Bond: 11%

Savings Account: 10%

Explanation: Out of 100% we have 64%, 15%, 11%, and 10%. We are being asked to place these percentages to different categories based on Chris's investment to minimize the risk of his portfolio. To know what percentage to assign what category, we simply take a look at each category and determine each worth. The Stock has higher risk and higher growth, so the percentage should be the highest one which is 64%. The Mutual fund has a medium growth and a medium risk, so it should have the medium percentage which is 15%. The bond has a low growth and a low risk, which should have a low percentage but not the lowest which is 11%. Savings Account has the lowest growth and lowest risk, which should have the lowest percentage.

I am not 100% sure if it's correct, I am about 90% sure its correct. If I am wrong please make sure to comment on that.

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3 0
3 years ago
Jellyfish Machine Shop is a manufacturer of motorized carts for vacation resorts. Patrick Cullin, the plant manager of Jellyfish
Iteru [2.4K]

Answer:

1.The normal spoilage rate is 15%

2.a The journal entry to record the normal spoilage, assuming  The spoilage is related to a specific job is the following:

Material Control A/c Dr. $ 1,410  

                                  To Work in progress control (Job # 10) A/c Cr. $ 1,410

b.   The journal entry to record the normal spoilage, assuming The spoilage is common to all jobs is the following:

Material Control A/c Dr. $ 1,410        

Manufacturing overhead control A/c Dr. $ 5,190

                 To Work in progress control (Job # 10) A/c Cr. $ 6,600

c. The journal entry to record the normal spoilage, assuming The spoilage is considered to be abnormal spoilage is the following:

Material Control A/c Dr. $ 1410        

Loss from Abnormal spoilage A/c Dr. $ 5190

                             To Work in progress control (Job # 10) A/c Cr. $ 6600  

Explanation:

1.In ordert to calculate the normal spoilage rate we would have to use the following formula:

normal spoilage rate= (6 spoiled units / 40 good units)

= 0.15

= 15%

The normal spoilage rate is 15%

2.a Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410, Therefore, the journal entry to record the normal spoilage, assuming  The spoilage is related to a specific job is the following:

Material Control A/c Dr. $ 1,410  

                                  To Work in progress control (Job # 10) A/c Cr. $ 1,410    

b. Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410

Manufacturing overhead control A/c= [6 spoiled units * ($1,100 - $235) per unit]=$ 5,190, Therefore, the journal entry to record the normal spoilage, assuming The spoilage is common to all jobs is the following:

Material Control A/c Dr. $ 1,410        

Manufacturing overhead control A/c Dr. $ 5,190

                 To Work in progress control (Job # 10) A/c Cr. $ 6,600    

c. Material Control A/c= 6 spoiled units * 235 per unit=$ 1,410

Loss from Abnormal spoilage A/c=[6 spoiled units * ($1,100 - $235) per unit]=$ 5,190, Therefore, the journal entry to record the normal spoilage, assuming The spoilage is considered to be abnormal spoilage is the following:

Material Control A/c Dr. $ 1410        

Loss from Abnormal spoilage A/c Dr. $ 5190

                             To Work in progress control (Job # 10) A/c Cr. $ 6600

5 0
3 years ago
What information should a public company present about revenues from foreign operations?
nevsk [136]

Answer:

Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.

Explanation:

Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.

4 0
3 years ago
The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A c
frozen [14]

Answer:

923×1000

Explanation:

multiply 923 and 1000 because they are the prices and then u will get ur answer

7 0
3 years ago
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