Answer:
a. 0.557 times
b. 8.72%
c. 0.16
Explanation:
a. Asset turnover = Net sales ÷ Average total assets
We will calculate the average total asset first
Average total asset = [Beginning total assets - ending total assets)] / 2
= [(930.9 + 920.1)] / 2
= 925.5
Asset turnover = 515.7/925.5
= 0.557 times
b. Return on assets = Net income/Average total assets
= 80.7/925.5
= 0.087196
= 0.087196 × 100
= 8.72%
c. Profit margin on sales = Net income/Net sales
= 80.7/515.7
= 0.16
Answer:
The answer is "Choice B".
Explanation:
Please find the numbering of the question in the attached file.
Jack needed to steal money to create a children's Wild Wild West hillbilly animatronic rewards house. The state has a surplus, that has forced up Jack's already too high rate of return to exploit.
Its consequence for crowdedness is government spending for capital investors. Enhanced public expenditure results in domestic income. Its increase in government income generates an unstable monetary market with the increase in interest rates and holds the demand for money equal to a money supply set by a commercial bank. Increased rate of interest affects manufacturing costs but declines in private sector investment.
Answer:
correct option is $750
Explanation:
solution
we know here that Net balance of opening accounts receivable is
Net balance of opening accounts receivable = $30000 - $500
Net balance of opening accounts receivable = $29500
and
Credit sales during the year is here $7500
0
and Cash payments received = 74550
so
uncollecectible account expenses = credit sales × % of sale uncollectible
so uncollecectible account expenses = $75000 × 1%
uncollecectible account expenses = $750
so correct option is $750
The American Express BlueWork Program refers to an employee program that aims to increase productivity through giving employees the opportunity to work using four modes of working that are available in the company: <em>Home, Roam, Club, and Hub</em>. Home refers to employees whose primary method of working is by telecommuting, while Roam refers to employees whose primary working place isn’t based from the office or home, but on client’s premises instead.
Club working styles are provided for employees where they don’t have allocated desks but are instead given the chance to work in different workspaces in the building, while employees who work with a Hub style of working will instead have a dedicated office and work during standard hours. Thus the answer to the question is (A) employees are provided with opportunities for flexible arrangements.
