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Triss [41]
2 years ago
7

Alford Hardware had a profit margin of 12.7% and return on assets of 10.8% in 2022. What was their asset turnover?

Business
1 answer:
yarga [219]2 years ago
7 0

Answer: 0.85

Explanation:

Given the variables in the question, Asset Turnover is calculated by;

= Return on Assets / Profit Margin

= 10.8%/12.7%

= 0.85

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Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank stat
Sergio039 [100]

Answer: $19037

Explanation:

The following can be deduced from the question:

Balance per Bank statement = $18361

Add: Deposits in Transit = $1450

Add: Bank error = $63

Less: Outstanding check = $837

Adjusted cash Balance per Bank:

= ($18361 + $1450 + $63) - $837

= $19874 - $837

= $19037

The adjusted cash balance per the bank records should be $19037.

N.B: The bank error was gotten as the difference between $92 and $29. $92 - $29 = $63

5 0
2 years ago
What are the two most popular ways people make networking contacts? 
rjkz [21]

Answer:

Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world's greatest marketing guy.

6 0
3 years ago
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Active trading in markets and competition among securities analysts helps ensure that: I. Security prices approach informational
Anika [276]

Answer:

The answer is: All the options are correct (I, II and III)

Explanation:

The larger the number of individuals (e.g. securities analysts, investors) who are informed about the price system of securities, the prices of securities will approach informational efficiency.

When the system approaches informational efficiency, you can determine which securities are riskier than others. Therefore you can price riskier securities so that they offer higher expected returns.

The other positive effect of informational efficacy is that investors can determine which securities are undervalued or overvalued.

8 0
3 years ago
What are all points on the PPF called?​
jolli1 [7]

Answer:

Production Possibility Frontier (PPF or PPC)

All points inside PPF are inefficient points. These points are attainable (e.g., point U), but they are not using the resources at the fullest.

8 0
2 years ago
The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask pha
salantis [7]

The thing which the data analysts do during the ask phase are:

  • Define the problem by looking at the current state
  • Identifying how it's different from the ideal state.

<h3>What is Data Analysis?</h3>

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

  1. Ask
  2. Prepare
  3. Process
  4. Analyze
  5. Share
  6. Act.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.

Read more about data analysis here:

brainly.com/question/23810306

7 0
2 years ago
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