1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liberstina [14]
3 years ago
7

Last year's asset turnover ratio was 2.0. Sales have increased by 25% and total assets have increased by 10% since that time. Wh

at is the current asset turnover ratio?
a. 1.82
b. 2.05
c. 2.15
d. 2.27
Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer: d. 2.27

Explanation:

Asset Turnover = Total sales / Average Assets

Last years turnover ratio was 2.0 so assume Sales were $20 and Assets were $10 which would give the turnover of 2.0

The new turnover would be;

= (20 * 1.25)/(10 * 1.1)

= 25/11

= 2.27

You might be interested in
Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
allochka39001 [22]

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

4 0
3 years ago
Subscribe to my channel :))<br><br>It would mean so much<br><br>- avastories​
cricket20 [7]

Answer:

Hey mate....

subscribed already.....thx for points

4 0
3 years ago
Once a manager has identified a problem, he or she can generate alternatives to that problem. after this is done, the manager
Liula [17]
<span>The manager will weigh the pros and cons of each alternative before implementing the solution. The manager should look at each alternative and list the benefits and the negatives for each alternative. After reviewing the list of benefits and negatives for each alternative, the manager can eliminate the alternatives that possess too many negatives or cons. The alternatives with the most benefits should be considered more carefully. The manager should then implement the alternatives with the most benefits or pros on a trial basis. The alternative with the best results is the one that is deemed useful, permanent and beneficial to the company.</span>
3 0
3 years ago
Consider the following scenario:Suppose that Sharon has just finished smoking a cigarette and is thinking about throwing the cig
BlackZzzverrR [31]

Answer:

Moral codes and social sanctions

Explanation:

Externality is when the actions of a producer or consumer have an effect on third parties not involved in production or consumption.

Externality can be positive or negative.

Postive externality is when the benefits of economic activities to third parties exceeds the costs.

Negative externality is when the costs of economic activities to third parties exceeds the benefits.

Smoking and littering the environment with cigeratte butts is an example of an activity that generates negative externality.

Sharon's morals and sense of judgement cautioned her against littering with her cigarette butts because she knows such activity is frowned against by the society. So, in this case she is guided by her moral codes.

This is one of the solutions to externality.

Other solutions include:

Taxation

Integration of different types of businesses through merger or acquisition

Contracts

Charities

I hope my answer helps you

3 0
3 years ago
The first step in developing _________ for the coffee collective would be to develop positive brand awareness and an association
leonid [27]
<span>The first step in developing brand image for the Coffee Collective would be to develop positive brand awareness and an association of the brand in consumers' minds to give the brand an identity.

Brand image refers to the image of the company that is painted in the mind of the consumer/future consumer. It is important to have positive brand awareness and that the consumer believes there is value within the brand they are going to purchase from. This is even more important when you are referring to a brand that has a lot of market competition like food, drinks, and/or coffee because there are many options, you want the consumer to pick yours. </span>
5 0
3 years ago
Other questions:
  • If a check correctly written and paid by the bank for $936 is incorrectly recorded in the company's books for $963, how should t
    9·1 answer
  • Difference between insurance and assurance
    14·1 answer
  • The housekeepers are expected to clean how many rooms per day in an average hotel?
    7·1 answer
  • Dana is watching television when a commercial for a brand of bathroom cleaner comes on. She is not very interested in the produc
    12·1 answer
  • Coca-Cola spent $102 million through The Coca-Cola Campaign focusing on water stewardship, healthy and active lifestyles, commun
    8·1 answer
  • The opportunity cost of a decision is measured in terms of
    14·1 answer
  • In 2016, 59.7 percent of the adult population (253 million) was employed. If the employment rate increased to 62 percent,
    12·1 answer
  • astrid is starting a new job that involves a lot a driving, and she wants to have a comfortable new car with the latest gadgets.
    5·1 answer
  • HELPP
    11·1 answer
  • starskeep, inc., is a fast-growing technology company. the firm projects a rapid growth of 40 percent for the next two years and
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!