Answer:
The answer is
For 2018 - 1.5
For 2019 - 1.3
Explanation:
Asset turnover ratio=Net sales/average total assets
For 2018:
Sales - $480,000
Beginning asset - 360,000
Ending asset -360,000
Average total asset:
($280,000 + $360,000)/2
=$320,000
Therefore, asset turnover for 2018 is:
$480,000/$320,000
=1.5
For 2019:
Sales - $513,500
Beginning asset - $360,000
Ending asset - $430,000
Average total asset:
($360,000 + $430,000)/2
=$395,000
Therefore, asset turnover for 2019 is:
$513,500/$395,000
=1.3
Answer:
Explanation:
Selling price per unit (next year) = 30 + 10 % of 30 = $33
Variable cost per unit (next year) = 30 * 40 % = $12
Contribution per unit (next year) = Selling price per unit (next year) - Variable cost per unit (next year) = 33 - 12 = $21
Fixed expenses = $68,250
Break even point (in units) = Fixed expenses / Contribution per unit.
Break even point (in units) = 68,250 / 21
= $3,250
Minerals. Plants contain minerals and it's inexpensive which means it's not that much expensive. Minerals are all around is. Ur welcome.
Answer:
You didn’t provide a list so I came up with possible answers.
Choreographer
Writer
Actor/Actress
Director
Answer:
tax increased = $22.22 billion
so correct option is 3. increase taxes by $22.22 billion.
Explanation:
given data
real GDP = $500 billion
employment GDP = $300 billion
marginal propensity = 0.9
solution
we know here that Inflationary gap will be
Inflationary gap = Real GDP - Full-employment GDP
Inflationary gap = $(500 - 300) billion
Inflationary gap = $200 billion
and tax Multiplier is
Tax Multiplier = 
Tax Multiplier = -9
here negative sign means that decrease real GDP by $9
so tax should be increased by $1
so we can say that decrease real GDP by $200 billion
and tax should be increased = 
tax increased = $22.22 billion
so correct option is 3. increase taxes by $22.22 billion.
