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Wittaler [7]
3 years ago
13

Chicken Can has net sales revenue of $1,420,000, cost of goods sold of $761,700, and all other expenses of $307,000. The beginni

ng balance of stockholders' equity is $417,000 and the beginning balance of fixed assets is $378,000. The ending balance of stockholders' equity is $617,000 and the ending balance of fixed assets is $406,000. The fixed asset turnover ratio is closest to:
Business
1 answer:
kotykmax [81]3 years ago
8 0

Answer:

The fixed asset turnover ratio is closest to 3.62.

Explanation:

The fixed asset turnover ratio can be calculated using the following formula:

Fixed asset turnover ratio = Net sales revenue / Average fixed assets …….. (1)

Where:

Net sales revenue = $1,420,000

Average fixed assets = (Beginning balance of fixed assets + Ending balance of fixed assets) / 2 = ($378,000 + $406,000) / 2 = $392,000

Substituting the values into equation (1), we have:

Fixed asset turnover ratio = $1,420,000 / $392,000 = 3.62

Therefore, the fixed asset turnover ratio is closest to 3.62.

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Adding expectancy theory to the model of motivation and performance illustrates how the interaction of valence, expectancy, and
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Answer:

Instrumentality

Reward they want

Explanation:

_Instrumentality_ highlights how intended effort can turn into actual effort if employee believe their hard work will __result in rewards they want_.

Employees tends to be motivated toward the work when reward are attractive. The intended effort is then turned to actual effort when they are being awarded accordingly and this allow them to perform their job successfully.

The process of turning the intended effort to actual effort is termed Instrumentality and their performance will results in reward they want.

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3 years ago
Imagine two economies that are identical except that for a long time, economy a has had a money supply of $1,000 billion while e
Nuetrik [128]

The economy with extra money.

If the govt takes no action to counter this, then the particular price index is below the worth level that individuals expected. Various factors can shift both the short-run economy and long-run aggregate supply curve rightwards like an increment within the technology level, a rise within the level of human capital, a rise within the level of existing capital stock, et cetera.

When the economy is doing well, the financial market is additionally certain to have best. Whether or not the economy is declining, the financial market can still do best. A pecuniary resource increase will tend to lift the worth level within the future. A finances increase can also increase national output.

A funds increase will raise the economy worth level more and national output less the lower the per centum of labor and capital is. A rise within the pecuniary resource level in an economy within the short run translates to a decline in charge per unit. the autumn within the rate further causes an increase in investment because of borrowing costs.

learn more about economy: brainly.com/question/26262298

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6 0
2 years ago
What is the meaning of code of conduct in profeession??<br> ​
BaLLatris [955]

Answer:

Professional codes of conduct draw on these professional ethical principles as the basis for prescribing required standards of behaviour for members of a profession. They also seek to set out the expectations that the profession and society have of its members.

4 0
3 years ago
Help me answer the questions below..
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Florida's natural is best priced per ounce

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a bond issue with a face amount of $500,000 bears interest at the rate of 10%. the current market rate of interest is also 10%.
timofeeve [1]

The Bond will sell at a price that is equal to $500,000 (OPTION A).

Bond: Bonds are fixed-income securities that reflect loans from investors to borrowers (typically corporate or governmental).

A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower.

Interest rates and bond prices are inversely correlated. Accordingly, bond prices decrease as interest rates rise and increase when interest rates fall.

In a portfolio, bonds continue to offer these advantages whether yields are rising or dropping. I mean, both stocks and bonds may experience a short-term price fall during times of rising interest rates. The price of the bonds will decrease as they react to increased interest rates.

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7 0
1 year ago
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