Answer:
1.16
Explanation:
Given that,
Net sales = $4,000 million;
Cost of goods sold = $3,600 million;
Net income = $720 million
Average total assets = $3,450 million
Total Asset Turnover Ratio:
= Net Sales ÷ Total Average Assets
= $4,000 million ÷ $3,450 million
= 1.16
Therefore, the total asset turnover ratio of Flask Company is 1.16.
Answer:
It will be counted as investment in 2016 and negative investment in 2017.
Explanation:
National income refers to the total value of a country's final output of all new goods and services produced in one year. There are various ways of measuring national income, e.g. GDP, GNP, etc
Therefore, following national income accounting practices, the car would be counted as part of the investments and GDP of 2016, and negative investment in 2017, because that was the year in which it was produced.
Answer:
$86,000
Explanation:
A partnership is a pass through entity that is not taxed directly, but instead its partners are taxed. Even the partners' salaries are recorded as drawings, not salary expense.
The partnership's total ordinary income = book income + any donations or contributions to charities = $80,000 + $6,000 = $86,000
Answer: (B) Technological component
Explanation:
The technological component include the organizing, monitoring, evaluation and also implementing the various types of function in an organization.
The technological components basically used for representing the various types of technology in the market and it also helps in reduce the overall cost of the product operation and creating the new product market.
According to the given question, the above given scenario best illustrating the effect of the technological components in an organization by creating the various types of methods.
Therefore, Option (B) is correct answer.
