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Hitman42 [59]
2 years ago
5

A company reports the following: Sales $6,750,000 Average total assets (excluding long-term investments) 2,500,000 Determine the

asset turnover ratio. If required, round your answer to one decimal place. fill in the blank 1
Business
1 answer:
Vinvika [58]2 years ago
6 0

Answer:

2.7

Explanation:

Calculation to Determine the asset turnover ratio

Using this formula

Asset Turnover = Sales/Average Total Assets

Let plug in the morning

Asset Turnover =$6,750,000/2,500,000

Asset Turnover =2.7

Therefore the asset turnover ratio is 2.7

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Answer:

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It estimates the expected events.

After the failures suffered by PPG, they thought it better to use a technique that predicts possible occurence in order to avoid a repetition of those failures.

4 0
3 years ago
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Answer:

The correct answer is D

Explanation:

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So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.

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4 years ago
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How do the price and quantity of goat cheese change? The price of goat cheese will likely rise because there is less being produced and able to be consumed. The quantity of goat cheese is not able to be determined by the information provided in the question.

7 0
3 years ago
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A resource-based strategy Multiple choice question. focuses on efficient execution of both primary and supporting components of
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Answer:

can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals

Explanation:

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Hence, in this case, the correct answer is A resource-based strategy "can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals."

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