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3 years ago

14

A Notary Signing Agent has been providing signing services will no incidents for over 10 years without having undergone a backgr

ound screening. Therefore he or she

1 answer:

ohaa [14]3 years ago

4 0

he or she don't make any mistakes

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A firm has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How

babunello [35]

Answer:

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

Explanation:

To calculate how many dollars worth of sales are generated by $1 of total assets, we use the total assets turnover ratio. It is an accounting measure that measures the efficiency of the company's assets in generating sales. It calculates the dollar values of sales generated by each $1 of total assets. The formula for total assets turnover is,

Total Assets Turnover = Sales / Average Total Assets

We already know the level of sales. We need to determine the value of total assets first.

Total Assets = Fixed assets + Current Assets

As we know that net working capital = current assets - current liabilities,

So, the current assets are,

2715 = Current assets - 3908

2715 + 3908 = Current assets

Current assets = $6623

Total assets = 6623 + 22407

Total assets = $29030

Total Assets Turnover = 31350 / 29030

Total assets turnover = 1.0799 rounded off to 1.08

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

3 0

4 years ago

Which of the following statements regarding cash equivalents is INCORRECT? A. Most companies include additional information abo

zhannawk [14.2K]

Answer:

B. Because cash equivalents are less liquid than cash, they must be reported separately from the Cash account

Explanation:

The <em><u>combined amount of cash and cash equivalents</u></em> will be reported on the balance sheet as the first line item in the section with the heading current assets.

These cash equivalents are short-term, highly liquid investments with a maturity date that was 3 months or less at the time of purchase.

In other words, there is very little risk of collecting the full amount being reported.

8 0

3 years ago

Born global firms are _______. Question 2 options: A. companies that forgo the domestic focus stage of the internationalization

tia_tia [17]

Answer:

C. young companies that internationalize early in their evolution

Explanation:

A born global is a global business organization that, from to seek inception and to derive a significant advantage from the use of local resources and also tends to promote the sale of outputs in various multiple countries.

Like Google is an MNC that has made many early attempts to be born global as they have their headquarters in many countries.

Zara is also one of the boun global companies that are the largest fashion retailer in the market.

7 0

3 years ago

The county determined it needed to prepare a budget amendment to reflect a decrease in charges for services of $100,000 and an i

mestny [16]

Answer:

Budgetary Budgetary Fund Balance will be debited $250,000

Explanation:

Hi, Budgetary Budgetary Fund Balance will be debited $250,000,

Expenditures are a cost for the balance ($150,000), and must be debited.

The charges for services are recorded as revenues or collections for the country, a decrease of these collection makes them a to be considered like an expenditure and be debited too. ($100,000)

So, mathematically speaking

$100,000+$150,000 =$250,000

Feel free to ask for more if needed or if you did not understand something.

7 0

3 years ago

For a certain good, when price rises from $90 to $95, quantity demanded falls from 90, 000 to 85, 000. The price elasticity of d

77julia77 [94]

Explanation:

get f we CNN y he q CNN y kg dv free q

4 0

4 years ago