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Alekssandra [29.7K]
2 years ago
12

A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total as

set turnover of ______ times.
Business
1 answer:
notsponge [240]2 years ago
4 0

Answer:

0.45

Explanation:

Total Asset turnover is the relationship between the total asset and the total sales.  It measure the turnover generated by assets and shows how fully a company is utilizing its assets.

It is calculated as  Net Sales / Average Total asset.

Average total asset is calculated as  Asset at Beginning  + Asset at closing / 2

Applying the formula

The total sales = $900,000  while the total asset is $2, 000,000

$900,000/$2,000,000 =  0.45

Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.

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The seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The Corporations current assets consist of cas
SVETLANKA909090 [29]

Answer:

The correct answer is A

Explanation:

The current liabilities is computed as:

Current Assets (CA) = Quick assets (QA)+ Inventory (I)

CA = QA + $49,000

Acid test ratio = Quick assets / Current Liabilities (CL)

2.8 = QA / CL

QA = 2.8 × CL                              

Current Ratio (CR) = CA / CL

3.5 = CA / CL

Putting CA = QA + Inventory

3.5 = ( QA + $49,000) / CL

Now, Putting QA = 2.8 × CL

So,

3.5 = [( 2.8 × CL ) + $49,000] / CL

3.5 = 2.8 CL / CL + $49,000 / CL

3.5 = 2.8 + ($49,000 / CL)

3.5 - 2.8 = $49,000 / CL

0.7 = $49,000 / CL

CL = $49,000 / 0.7

CL = $70,000

4 0
2 years ago
_____ is the control of behavior by manipulating its consequences
melomori [17]
It is operant conditioning.
4 0
2 years ago
On January 1, 2009, AML company issues bonds maturing in 5 years. The par value of the bonds is $10,000, the annual coupon rate
klasskru [66]

Answer:

Explanation:

Solution is attached below

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2 years ago
Behavioral therapies use applications of ____
valentina_108 [34]
<span>Behavioral therapies use applications of the behavior itself. The behavioral therapy is said to be broad or the umbrella term for various therapies such as psychotherapy, behavioral, or more other therapies. The behavioral therapy is helping another individual with their behavior and characteristics.</span>
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2 years ago
If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the s
son4ous [18]

Answer:

False.

Explanation:

The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.

In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.

"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".

The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.

For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.

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