Answer:
B. 2.05 times
Explanation:
Asset turnover ratio is computed by dividing net sales by average total assets
Given the following information about Maple Corp. for the year ended December 31, 2017
Beginning total assets = $83,200
Ending total assets = $116,500
Average total assets = (83,200+116,500)/2
= 199700
/2
= $99,850
net sales = $204,550
Asset turnover ratio = net sales/average total assets
= $204,550/$99,850
= 2.05 times
Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.
<span>An economy moves from short-run equilibrium to its long run equilibrium as a result of the upward adjustment of minimal wages, prices, and perceptions to a new price level. If government spending increases, total demand will increase as well.</span>
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They expect to not be having to regulating the industry anymore, or concern them selves regarding regulations of the said industry.
300 X $690 = $207,000
432 X $590 = $254,880
Hope this helps!
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