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Julli [10]
2 years ago
4

The following information pertains to Travis Concrete: Sales revenue $ 1,500,000 Gross margin 600,000 Income 90,000 Invested cap

ital 450,000 The company's imputed interest rate is 8%. The capital turnover is:
Business
1 answer:
irinina [24]2 years ago
6 0

Answer:

The capital turnover is: 3.33

Explanation:

The capital turnover ratio is also referred to annual sales of a business to the total amount of its stockholders' equity. It indicates a company's effectiveness in using its capital to generate revenue.

The capital turnover ratio is calculated by the following formula:

The capital turnover = Net Annual Sales /Average amount of working capital

In where:

Average amount of working capital = Current assets - Current abilities

In Travis Concrete:

The capital turnover = Sales revenue/Invested capital = $1,500,000/$450,000 = 3.33

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Suppose that the firm you manage faces the following costs:
zysi [14]

Answer:

d. $3

Explanation:

Quantity       Total Cost             Fixed cost     Total var.       marginal cost

0                         $3                          $3                    0                   0

1                          $5                          $3                  $2                  $2

2                         $7                          $3                    $4                  $2

3                         $10                        $3                    $7                  $3

4                         $15                       $3                    $12                 $5

the variable cost of the third unit is equal to the marginal cost of producing it.

6 0
2 years ago
Fid the higest common factor of <br>21a²b and 49ab² ​
spayn [35]

Answer:

7ab

Explanation:

21a²b = 7ab * 3b

49ab² = 7ab * 7b

6 0
2 years ago
Falmouth Corporation's debt to equity ratio is 0.6. Current liabilities are $120,000, long term liabilities are $360,000, and wo
Digiron [165]

Answer:

$1,280,000        

Explanation:

We know that

Debt to equity ratio = Debt ÷ total equity

0.6 = $360,000 + $120,000 ÷ total equity

0.6 = $480,000 ÷ total equity

So, the total equity = $800,000

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

                    = $480,000 + $800,000

                    = $1,280,000

8 0
2 years ago
Which of the following demonstrates a leader's commitment to duty? A. Developing subordinates for the future. B. Stepping out of
koban [17]

Answer: All of the above

Explanation: A leader can be defined as an individual who has the ability to persuade others to work as a group for performing a particular task.

An individual can demonstrate leadership by taking strict action on others and responsibilities on himself.

The given options in the question demonstrates strict actions and responsibility taking ability. Hence, the right option is D.

8 0
2 years ago
Which individual would deserve credit for the success of american imperialist policies?
Leviafan [203]

Answer:

American imperialism

Explanation:

is a term that refers to the economic,military and cultural influence of the United States on other countries.

8 0
2 years ago
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