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Assoli18 [71]
3 years ago
6

Dogz reports total revenue of $47,561, cost of goods sold of $32,856 and net receivables of $19,595. Their property, plant and e

quipment is $19,813 and they have $16,240 of inventory. Which ratio is highest- ART, INVT or PPET?
A, ART
B. INVT
C. PPET
D. Cannot be determined from the information provided
Business
1 answer:
natima [27]3 years ago
8 0

Answer: ART

Explanation:

Account receivable turnover(ART) = Sales revenue/Average Account Receivable

= $47,561/$19,595

= 2.427

Inventory Turnover(INVT) = Cost of sales/Inventory

= $32856/$16240

= 2.023

Property Plant and Equipment Turnover(PPET) = Sales/Property Plant and Equipment

= $47561/$19813

= 2.400

Therefore, the ratio that is highest is the account receivable turnover

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COMPLETE QUESTION:

Fill in the Blank:

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Answer:

will, would like

Explanation:

The answers above correctly fills in the blanks in the question.

Remember, a bond's coupon rate partially determines the interest-based return that a bond WILL pay, and a bondholder's required return reflects the return that a bondholder WOULD LIKE to receive from a given investment.

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If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total re
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Complete Question:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is

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C. they will both lose market share.

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Answer:

B. they will simply neutralize one another's efforts.

Explanation:

If each of two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, the total result is they will simply neutralize one another's efforts.

A monopolist can be defined as an individual who is engaged in selling a unique product in a market without any competitor. Also, a monopolistic competition involves various firms engaged in monopoly competes with one other, but selling products that are unique and distinct from the other.

Hence, when two competing monopolists undertakes equal advertising efforts to attract consumers away from the other, this would result in one monopolist effort canceling or nullifying the effort of the other. This simply means that, it would have been as though none of them had made any effort at all because they were both involved in doing the same thing. Thus, making the market the same as it were originally prior to their advertising efforts.

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Answer:

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