The asset turnover ratio measures the performance of an organization's assets in producing revenue or income. It compares the dollar quantity of income (revenues) to its overall belongings as an annualized percent. hence, to calculate the asset turnover ratio, divide net income or revenue by the average total belongings.

Fictitious revenues contain the sale of goods or services that no longer arise. Fictitious invoices may be fake, but can also contain valid clients. A fictitious invoice may be prepared for a legitimate patron despite the fact that goods are not added or services have no longer been rendered.

Accounting ratios, an important subset of monetary ratios, are a group of metrics used to degree the performance and profitability of an employer based on its financial reports. They provide a way of expressing the relationship between one accounting information factor to any other and are the basis of ratio evaluation.

Learn more about asset turnover ratio here brainly.com/question/13401474

#SPJ4

5 0

1 year ago

Impala is currently producing 100 units of a necessary component part by incurring $42,000 in direct materials, $8,750 in direct

photoshop1234 [79]

Answer:

If Impala decides to buy from the external source , it would then save the fixed of $1,750

Decision: Impala should be buy from the external source

Explanation:

<em>To determine the appropriate course of action, we shall determine whether there would be a net savings in cash flow as a result of purchasing externally or not.</em>

The relevant cash flows figures include:

Internal variable cost of production
External purchase price
Savings in internal; fixed cost as result of buying outside

Variable cost of internal production = 42,000 + 8,750 + 15,750 = 66,500

Increase in variable cost if purchased externally = 66500 - 66500 = 0

If Impala decides to buy from the external source , it would then save the fixed of $1,750

Decision: Impala should be buy from the external source

6 0

3 years ago

Which is a form of Malware?

makvit [3.9K]

Answer:

D. Trojan Horse, nice to know some computer lab info of mine didn't go to waste

Explanation:

6 0

3 years ago

B. If 18,000 units are produced, what is the variable cost per unit?C. If 21,000 units are produced, what are the total variable

alexdok [17]

Answer:

Instructions are listed below.

Explanation:

<u>Looking on the internet I found the necessary information to solve this problem:</u>

Giving the following information:

Units= 16,000

Fixed Overhead= $5*16,000= 80,000

Direct material= 12

Direct labor= 9

Indirect material= 1 (part of overhead)

variable overhead= 2

B. Units= 18,000

Variable cost per unit= direct material + direct labor + variable overhead= 12 + 9 + (2+1)= 24

C. Units= 21,000

Total variable cost= unitary cost* number of units

TVC= 24*21,000= $504,000

D. Units= 11,000

TVC= 24*11,000= $264,000

E. Units= 19,000

Overhead= variable overhead + fixed overhead

Overhead= 3*19,000 + 80,000= $137,000

F. Units= 23,000

Total overhead= 3*23,000 + 80,000= $149,000

G. Units= 19,000

Unitary overhead= total overhead/ number of units

Unitary overhead= 3 + (80,000/19,000)= $7.21

H. Units= 25,000

Unitary overhead= 3 + (80,000/25,000)= $6.2

3 0

3 years ago