Answer:
The fixed asset turnover ratio is closest to 3.62.
Explanation:
The fixed asset turnover ratio can be calculated using the following formula:
Fixed asset turnover ratio = Net sales revenue / Average fixed assets …….. (1)
Where:
Net sales revenue = $1,420,000
Average fixed assets = (Beginning balance of fixed assets + Ending balance of fixed assets) / 2 = ($378,000 + $406,000) / 2 = $392,000
Substituting the values into equation (1), we have:
Fixed asset turnover ratio = $1,420,000 / $392,000 = 3.62
Therefore, the fixed asset turnover ratio is closest to 3.62.
Answer:
The correct answer is Target the ads by location to the delivery areas.
Explanation:
Each area has a different need to which advertising should be focused. After identifying the variables that identify each place, the advertising strategy should be oriented to satisfy the need that wants to be filled with the good or service to offer.
The main purpose of taxes is used to help support and continue government programs that help provide stable housing and food for the poor. :D
The existence of the underground economy causes gross domestic product (gdp) statistics to understate the true volume of economic activity. An underground economy unrecorded and untaxed economic activity by the government. An underground economic is also known as the black market. Gross domestic product also know as GDP is the total value of goods and services provided in a country during one year.
In a country with a high uncertainty avoidance majority of people have an increased level of anxiety about uncertainty and ambiguity
