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
Romashka-Z-Leto [24]
3 years ago
5

Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitiv

e product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.
a. True

b. False
Business
2 answers:
sleet_krkn [62]3 years ago
6 0
The answer is false!
inna [77]3 years ago
6 0
I am just answering for points
You might be interested in
You and a group of friends are planning to visit a theme park, which charges $60 for admission, $100 for a two-day pass, and $13
enyata [817]

Answer:

<u><em>Part 1. </em></u>

  • <em>Average cost per day of a three-day pass</em> =  $53.33/day per person

  • <em>Marginal cost of adding the third day </em>= $190 - $160 = $30 per person

<em />

<em><u>Part 2.</u></em>

  • <em>Group's marginal cost of switching from the two-day pass to the three-day pass</em> = $180

Explanation:

The total <em>cost</em> is the <em>admission charge</em> ($60) plust the cost of the pass ($100 or $130).

For a <em>two-day pass</em> that is: $60 + $100 = $160, per person

For a <em>three-day pass</em> that is: $60 + $130 = $190, per person

<u><em>Part 1. The average cost per day of a three-day pass per person. </em></u>

The <em>average cost</em> is the total cost divided by the number of days.

  • <em>Average cost</em> = $160/3days = $53.33/day per person

The <em>marginal cost of adding the third day</em> per person is found by subtracting the total cost for two days from the total cost for three days:

  • <em>Marginal cost of adding the third day</em> = $190 - $160 = $30 per person

This says that althoud the average cost for the three days is $53.33 the cost of adding the third day is $30, which is much lower; thus, it is a good deal to buy a three-days pass, as they are interested in spending a lot of time there.

<u><em>Part 2. The group's marginal cost of switching from the two-day pass to the three-day pass</em></u>

<em></em>

Since the <em>marginal cost of switching from the two-day pass to the three-day pass</em> is $30 per person, the marginal cost for the 6-person group is 6 times $30:

  • 6 persons × $30/person = $180.

8 0
3 years ago
Discuss which financial management practices are least effective in creating and monitoring an operating budget?
insens350 [35]

The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.

In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.

Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.

Hence, the operating budget helps in keeping track of the income and expenses in an organization.

To learn more about operating budget here:

brainly.com/question/8053842

#SPJ4

3 0
2 years ago
A client demands the return of all records and documents from an attorney even though the client has not paid the attorney's fee
dedylja [7]
Your answer is d.should deduct toe outstanding fees from the refund expected.

8 0
3 years ago
At December 31, Riverbed Corporation reports net income of $454,000. Prepare the entry to close net income. (Credit account titl
Tpy6a [65]

Answer:

Dr Profit and loss account $454,000

Cr Retained earnings $454,000

Explanation:

Preparation of the Journal entry to close net income for Riverbed Corporation

Based on the information given we were told that the Corporation reports net income of the amount of $454,000 on December 31 this means the Journal entry to close the account will be recorded as:

Dr Profit and loss account $454,000

Cr Retained earnings $454,000

3 0
3 years ago
Format of a presentation essay <br>​
egoroff_w [7]
Introduction
main body of presentation should include for/against if applicable and an evaluation of the points raised
a conclusion
8 0
3 years ago
Other questions:
  • Your grandfather tells you that he earned $7,000/year in his first job in 1961. You earn $35,000/year in your first job in 2016.
    11·1 answer
  • Volbeat Corp. shows the following information on its 2015 income statement: sales = $231,000; costs = $135,000; other expenses =
    14·1 answer
  • For an investment to be classified as a current​ asset, A. the investment must be easily convertible to cash. B. the investor mu
    5·1 answer
  • The Product Owner of a team was asked for a forecast for the completion of a product release. There were 140 story points worth
    9·1 answer
  • The difference between human resources and physical resources​
    13·1 answer
  • 4. Which of the following is minced by very thin slicing?
    14·2 answers
  • What is the primary purpose of the World Bank?
    6·1 answer
  • The Cornell method is good for taking textbook notes because it is
    15·1 answer
  • Adamson Corporation is considering four average-risk projects with the following costs and rates of return:
    15·1 answer
  • What options are available on the Group, Sort, and Total pane? Check all that apply.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!