ECONOMICS!! PLEASE HELP ME!! the last answer choice is 1.Command 2.Market 3.Mixed

Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,450 and net income o

Ronch [10]

Answer:

The asset turnover is 1.44 and return on assets is 0.37%

Explanation:

Average Total assets

Assets in the beginning $24,590

Assets at the end $23,300

Average assets $23945

Sales $34,450

Divide: Average assets $23945

Assets turnover ratio 1.44

Net Income $89

Divide: Average assets $23945

Return on assets 0.37%

Therefore, The asset turnover is 1.44 and return on assets is 0.37%

3 0

3 years ago

Are the following statements true or false? The difference between savings and investments is that savings is money set aside fo

grigory [225]

Answer:

That statement is true.

Explanation:

Basically, You put your money in saving if you intended to use that money for future consumption. You put your money in investment if you intended to make financial gain out of it.

For example,

Let's say that you want to buy a laptop that cost $700. You only able to spend $350 per month since you have to consider other more important payment such as rent or food. So you set aside $350 for two month and purchase the laptop at the end of the second month. This is an example of saving.

In another case let's say that you put that $350 in Bonds rather than purchasing laptop. You Let that bond mature and take a 3% interest as profit. Two month later, the value of your money is increased. This is an example of an investment.

8 0

3 years ago

Read 2 more answers

Intellectual Property can be protected by

mash [69]

The answer you are looking for is copyright

5 0

3 years ago

1. The point at which quantity demanded and quantity supplied are equal:______

salantis [7]

Answer:

1. Market Equilibrium, 2. Interest Rate, 3. Rationing, 4. Supply Shock, 5. Excess Supply, 6. Excess Demand, 7. Price Floor

Explanation:

1. The point at which quantity demanded and quantity supplied are equal: Market Equilibrium

2. The financial and opportunity costs consumers pay in searching for a good or service : Interest Rate

3. A system of allocating scarce goods and services by criteria other than price: Rationing

4. A sudden drop in the supply of a good: Supply (decrease - leftward shift) shock

5. Any situation in which quantity supplied exceeds quantity demanded: Excess Supply

6. Any situation in which quantity demanded exceeds quantity supplied: Excess Demand

7. A government-mandated minimum price that must be paid for a good or service: Price Floor (Minimum Support Price)

8 0

2 years ago

This morning your manager asked you to complete a special task by this afternoon. While you are working on it, a customer asks y

dem82 [27]

Ill ask for help from another coworker- if there was no one else available to help them I would help the customer if I am in that field

i needed points

8 0

2 years ago