Based on the given figures above, the total asset turnover rate is 1.28. To get the <span>1.28, you need to use the below formula:
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Total asset turnover= 1/ capital intensity ratio
The capital intensity ratio given is 0.78
Therefore you calculation should be:
Total asset turnover = 1 / .78
Total asset turnover = 1.28
Answer:
MONOPSONY
Explanation:
Monopsony is a labour market form where a firm is a singe buyer of a kind of labour services. Eg : Primary or only supplier of a kind of job in an area. These are at a priviliged position - wage setting power, more bargaining power with labourers (for wages , employment terms & conditions).
Monopoly is a commodity market structure where firm is the only seller of that good/service, with no close substitutes. Eg - Indian Railways. Perfect Competition is a also a commodity market structure with many buyers & sellers selling homogeneous products at uniform prices.
Answer:
what managers think costs should be
Explanation:
Standard cost systems are based on what managers think costs should be as opposed to actually using the prices based on what they should be. The managers accomplish these prices by estimating the costs that will be incurred by the business during the production process and then creating the costs based on their estimations.
Answer:
A) if the mistake involves a material fact
Explanation:
Any party involved in the transaction, either Dale and Ezra, has the right to rescind the contract if the other party provided false information about a material fact that was relevant to the other party's intention of signing the contract. In contract law, a material fact is any fact that is important, significant or essential to any of the parties involved in a contract, e.g. size of a property, age of a property
