Answer:
3.46
Explanation:
Calculation for Campbell Co. fixed asset turnover ratio
First step is to find the Average net fixed assets
Using this formula
Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2
Let plug in the formula
Average Fixed assets= $368,000 + $396,000/ 2
Average Fixed assets=$764,000/2
Average Fixed assets=$382,000
Second step is to calculate for the Fixed asset turnover
Using this formula
Fixed asset turnover = Net revenue ÷ Average net fixed assets
Let plug in the formula
Fixed asset turnover= $1,320,000 ÷ $382,000
Fixed asset turnover= 3.46
Therefore Campbell Co. fixed asset turnover ratio will be 3.46
Answer:
use socratic its in the app store
Explanation:
Answer:
The answer is below
Explanation:
The z core is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
, x = raw score
Given that mean (μ) = 15 minutes per car, standard deviation (σ) = 2.4 minutes.
1) For x > 18:
From normal distribution table, P(x > 18) = P(z > 1.25) = 1 - P(z < 1.25) = 1 - 0.8944 = 0.1056
2) For x < 10:
From normal distribution table, P(x < 10) = P(z < -2.08) = 0.0188
3) For x > 12:
For x < 16:
From normal distribution table, P(12 < x < 16) = P(z < 0.42) - P(z < -1.25) = 0.6628 - 0.1056 = 0.5572
Answer:
<u>Definition:</u> Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.
To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.
<u>Example:</u> Starbucks has long been known for its keen sense of corporate social responsibility and commitment to sustainability and community welfare. According to the company, Starbucks has achieved many of its CSR milestones since it opened its doors. According to its 2019 Global Social Impact Report, these milestones include reaching 99% of ethically sourced coffee, creating a global network of farmers, pioneering green building throughout its stores, contributing millions of hours of community service, and creating a groundbreaking college program for its partner/employees.
Starbucks' goals for 2020 and beyond include hiring 10,000 refugees, reducing the environmental impact of its cups, and engaging its employees in environmental leadership. Today there are many socially responsible companies whose brands are known for their CSR programs, such as Ben & Jerry's ice cream and Everlane, a clothing retailer.
Explanation:
Answer:
The correct answer is option a.
Explanation:
In the consumption of two commodities, the total utility is maximized when the ratio of marginal utility and price of the product is the same for both the goods.
A person is consuming two goods, peanuts and chips. The individual is able to maximize total utility. If the price of peanuts and chips are equal, this means that the marginal utilities derived from the consumption of these two must be equal.