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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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According to ogburn's theory, invention can include both material and non-material social creations. non-material inventions inc
Free_Kalibri [48]
<span>According to Ogburn, inventions can include both material technological artifacts which change what sorts of things that can be done and the sets of customs, rules, and conventions that allow those material inventions to be of use to members of society. For example, there were various material technological inventions which made the automobile possible (the internal combustion engine, vulcanized rubber, the universal joint), but in order for the automobile to become integrated into society a number of non-material inventions were also necessary such as road networks, agreed upon rules of the road, licensing regimes, and so on.</span>
8 0
3 years ago
John has finally gotten to the point where he can put away some money and start a rainy day fund. He wants to have access to his
zzz [600]

Answer:

Regular basic saving accounts

Explanation:

Rainy day fund is called a type of basic regular saving accounts. This account contains around 500 dollars to 1000 dollar It is like a payday loan. It is a type of liquid or we can say that it is like cash.

It is best in a bank account. such as saving account to pay the daily basis debts. Here people can access their money very quickly. When it is spent, you can again start to save for the future happening again.

4 0
3 years ago
________ is seen as a way to stimulate gains in economic efficiency by giving owners a powerful incentive—the reward of greater
Mama L [17]

Answer:

Group of choices:

A.  Globalization

B.  Economic transformation

C.  Deregulation

D.  Privatization

The correct answer is  D.  Privatization.

Explanation:

Privatization is an existing mechanism in the economy through which the government makes an industry or an activity no longer part of the public sphere, being transferred or transferred from the State to private companies or organizations.

The concept of privatization is often related to tools to improve competition, which help companies to improve their cost structure, allowing products to be of higher quality and at lower prices, favoring the consumer.

Since privatization reduces state participation in the economy, it is identified with capitalist policies. This tool is opposed to nationalization.

3 0
3 years ago
The R&amp;D department at Parabola Inc. is developing innovative methods to develop products that would reduce resource wastage.
mihalych1998 [28]

Answer:

b) Lateral Thinking

Explanation:

Lateral thinking is the approach where creative and innovative ways are thought out. In this approach, problem solvers deliberately distance themselves from generic and classic approaches and thus try to come up with brand new ideas and not follow typical thinking patterns.

All the other options can be used to find solutions but they may not necessarily take this innovative approach.  

Hope that helps.

6 0
3 years ago
If the cross-price elasticity of demand between Good A and Good B is 3, the price of Good B increases, and the price elasticity
Morgarella [4.7K]

<u>Answer: </u>

We can expect to see a large change in the quantity demanded for Good A.

<u>Explanation: </u>

  • As the price change in the price of good B is inelastic, it is but clear that the price of good B would not show any fluctuations even if there is an increase or decrease in the demand for good B.
  • As the price of good B is not subject to decrease in the near future, it can be expected that the demand for good A would exhibit a sudden rise.
5 0
3 years ago
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