Answer:
U.S. Treasury, municipal, and corporate.
Explanation:
Answer:
For every $1 of total assets, $1.73 worth of sales are generated.
Explanation:
The dollars worth of sales generated for every $1 of total assets can be calculated using the Total Assets Turnover formula.
Total assets turnover = Net Sales / Net Total Assets
To calculate this, we need to find the value of total assets.
The working capital is made up of current assets less current liabilities.
Thus, the current assets will be = Current liabilities + net working capital
Current Assets = 820 + 510 = 1330
Total Assets = 1330 + 2256 = $3586
So total assets turnover = 6200 / 3586 = 1.7289 rounded off to 1.73.
Answer: steering
Explanation:
Steering is an illegal practice whereby people that are looking for homes are channeled towards particular areas based on their social status or race.
In such scenarios, the choice of the person looking for a home is being influenced by the person's gender, color, race, status, religion, disability, or national origin.
Answer:
C. Get into critical country markets quickly and accelerate the process of building a potent global presence, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations
Explanation:
In a global market it is important for businesses to leverage international advantages such as lower production cost in a foreign country, more lucrative markets in certain locations, and access to cheap materials for production.
So when a company wants to gain global dominance it is important they form alliances with companies in foreign countries. This will help them access more lucrative markets, gain knowledge about particular markets, and gain competencies that are unique to a geographical area.
Answer:
b. 51,429 units
Explanation:
If x = Number of units
Net Income = Sales Revenue - Variable Cost - Fixed Cost
or
Net Income = Contribution Margin - Fixed Cost
where,
Net Income = $80,000
Contribution Margin per unit = $3.50
Fixed Cost = $100,000
Contribution Margin = Net Income + Fixed Cost
$3.50x = $80,000 + $100,000
$3.50x = $180,000
Dividing the above equation by $3.50 we get
x = $180,000 / $3.50
x = 51,429 units
Hence 51,429 number of units must be sold to generate the net income of $80,000.
