Total asset turnover = 1.375
Explanation:
In this question we use the DuPont analysis which is presented below:
Return On Assets = Net Profit Margin × Total asset turnover
0.11 = 0.08 × total assets turnover
So, the total assets turnover would be
= 0.11 ÷ 0.08
= 1.375
Simply we find out the asset turnover by applying the return on assets formula that is displayed above.
Asset turnover, overall asset turnover, or asset turns is a monetary ratio that measures the efficiency of a agency's use of its property in generating income sales or income earnings to the agency.
What's total asset turnover?
Asset turnover is the ratio of overall income or sales to common assets. This metric facilitates traders apprehend how effectively companies are using their belongings to generate sales. Buyers use the asset turnover ratio to examine comparable agencies within the identical area or group.
What does a total asset turnover of 1.5 imply?
For the duration of the same length, the enterprise's overall belongings mentioned on its 12 monthly balance sheets averaged $1,400,000. The organization's general asset turnover for the 12 months became 1.5 (net income of $2,100,000 divided by means of $1,400,000 of average total assets).
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If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
Answer:
2%
Explanation:
Why is the housing market not a perfectly competitive market
Answer:
houses are essential. a need doesn't fall in perfect competition conditions.
Suppose General Electric payed its line workers $12 per hour
The relevant answers with regard to real wages are as follows:
A) $10.08
B) 10.89
C) 19.05. See explanation below.
What is the computation justifying the above results?[A]
Recall that Real Wages are computed as follows;
Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year
12 = (N/84) x 100
= 10.08
[B]
The formula for real wage still stands:
Hence,
12 x 1.08 = (N/84) x 100
= 10.89
One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.
[C]
It is to be noted that the real wage is pegged at $12 which is same from the prior year.
Hence, percentage increase = 0
But because $12 is Nominal in the incumbent year,
[(12 - 10.08)/10.08] x 100
= 92/10.08
= 19.05
What is real wages?Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.
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Full Question:
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.
In a standard job-order cost accounting system, we assume that the Work in Process account is maintained using: only actual costs.
standard and actual costs.
total costs.
only standard costs.
In a standard job-order cost accounting system, we assume that the Work in Process account is maintained using standard and actual costs.
In a standard job-order cost accounting system, we assume that the Work in Process account is maintained using standard and actual costs.
Job-order cost accounting is used in companies that produce individual jobs. Companies that utilize job-order costing systems tend to make products that are unique. These types of businesses require detailed information on the cost of production for each of their jobs.
The Work in Process account is used to track the cost of production for all jobs that are currently in progress. Work in process refers to the products that have not yet been completed at the end of a given accounting period.T
In other words, we use both types of costs in the Work in Process account to provide detailed information on production costs for each job.
In conclusion, a standard job-order cost accounting system involves the use of both standard and actual costs. Standard costs refer to the costs that are expected or estimated, while actual costs refer to the real costs incurred during the production process.
By using both types of costs, companies can maintain detailed records of production costs for each job, which is critical for pricing decisions and budgeting purposes.
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This year, the monthly rent for a condominium is $1060. If the
annual rent increase is set at 3.1%, what will be the monthly rent
for next year? Round your answer to two decimal places.
The monthly rent for next year would be approximately $1092.66 when rounded to two decimal places.
To calculate the monthly rent for next year, we need to apply the annual rent increase of 3.1% to the current monthly rent.
Let's denote the current monthly rent as R. The monthly rent for next year, denoted as R_next, can be calculated as:
R_next = R + (R x rent_increase)
In this case, the current monthly rent is $1060, and the rent increase is 3.1% or 0.031 in decimal form.
Plugging in the values into the formula:
R_next = $1060 + ($1060 x 0.031)
Calculating this expression:
R_next ≈ $1092.66
Therefore, the monthly rent for next year would be approximately $1092.66 when rounded to two decimal places.
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Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
In the context of discharging a contract, a condition ______ is a future event that terminates the obligations of the parties when it occurs.
A concurrent or subsequent condition is an upcoming event when it happens, discharges the parties' duties under the terms of the contract.
What is a contract?
A contract is an arrangement between parties that establishes legal duties for both parties.
The fundamental components necessary for the arrangement to be a valid offer and acceptance, adequate compensation, capacity, legality, mutual assent, and expressed through a qualifying offer.
The contract are of two types expressed and implied contract, verbal or non verbal contract.
A contract may be terminated when the condition attached to contract are met by the both the parties.
Therefore any condition subsequent or concurrent to contract for discharging it will be completed after meeting out all obligations.
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Write a paragraph explaining what kind of assessment works best for you to really be able to show what you know. (Consider standardized tests, open ended responses, essays, projects, speeches, labs). Explain how your learning style may influence your success on each kind of assessment. 100 POINTS PLZ HELP TODAY
Answer:
In my experience, essays work best for me to be able to show what I know. I feel that they are more effective than taking, say, a standardized test for example. This is because they are often multiple choice, and I find myself sometimes guessing rather than doing the intended work. In an essay, I have no option other than to type/write out what I know with little-to-no guesswork, making writing out an essay a superior option when it comes to displaying my knowledge on a topic. My preferred learning style is of the visual sort, and that means I learn best by taking notes, seeing examples, using charts and diagrams, etcetera. These skills influence my success on many different types of assessments, including essay writing, test taking, and project making. I am able to visually take notes on the topic at hand, often with examples, which, in my experience, greatly influences my success on these different types of assessments.
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
Suppose a hurricane causes damage to homes and buildings throughout a city such that most buildings require repair before they are fully functional again. Describe and illustrate the impact on the market for construction services.
The impact on the market for construction services after a hurricane would be:
Increased demand for construction servicesShortage of construction workersWhat would happen to construction after natural disaster ?The aftermath of a hurricane could drive an upsurge in demand for contracting and construction services as various structures are in urgent need of repair or rebuilding. Such a circumstance is likely to provoke a situation where service providers strive to satisfy the sudden spike in orders, thus spiking prices along with it.
On top of that, the monumental demand for skilled construction operatives in affected regions could result in a shortage thereof and prolong delays in repair; exacerbating the overall impacts stemming from the hurricane.
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The following are debts in disguise except:
a) accounts payable
b) leases
c) underfunded pensions
Option (a), Debt in disguise is a liability that is not recognized as debt in the financial statements. It can be understood as off-balance-sheet financing where an individual or a company takes on liabilities that do not appear on its balance sheet.
All the given options; accounts payable, leases and underfunded pensions, are examples of debt in disguise except accounts payable.
Accounts payable are not considered to be debts in disguise. It is a short-term liability that a company incurs in order to buy products and services on credit from its vendors. It is recognized on the balance sheet as a current liability. Leases and underfunded pensions, on the other hand, are examples of debt in disguise as they are not shown on the balance sheet. These obligations, however, represent financial obligations that a company has to pay and have a significant impact on its financial condition. In conclusion, the correct option is (a) accounts payable.
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The listing broker may be due a commission, even when no sale occurred, if the:
a) potential buyers is unable to obtain financing
b) seller decides he no longer wants to sell
c) seller refused buyers reasonable offers
d) broker located a buyer who made an offer that met
all of the sellers terms
If the listing broker found a buyer who made an offer that fulfilled the seller's terms, the broker might still be entitled to a commission even if no sale took place. Here option D is the correct answer.
The listing broker is typically paid a commission on the sale of a property. However, there are situations in which a commission may be due even if no sale occurs. One such situation is when the broker located a buyer who made an offer that met all of the seller's terms.
In this case, the broker has fulfilled their obligation to the seller by finding a suitable buyer who is willing to meet the seller's terms. The fact that the sale ultimately did not occur may be due to circumstances beyond the broker's control, such as the buyer being unable to obtain financing or the seller refusing reasonable offers. Nonetheless, the broker has performed their duties under the terms of the listing agreement, and as such, they may be entitled to a commission.
It's important to note that the specific terms of the listing agreement will dictate whether or not a commission is due in these types of situations. Sellers should carefully review their listing agreements to understand when a commission may be due, even in the absence of a sale.
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how can audience segmentation enhance your inbound marketing efforts?Audience segmentation can help you automate the most mundane marketing task so you can free up time for your and your team to focus on creative.Audience segmentation can help you A/B test and experiment with the type of experience you are providing to continue to optimize your marketing efforts.Audience segmentation can help you monitor your competitors social media efforts so you can see what resonates with your potential leads and customers.Audience segmentation can help you deliver personalized, unique experiences in your marketing outreach
Audience segmentation can help you deliver personalized, unique experiences in your marketing outreach. The correct option is d.
What is audience segmentation?Audience segmentation is a process of dividing people into homogeneous subgroups based on defined criteria such as product usage, demographics, psychographics, communication behaviours and media use. Audience segmentation is used in commercial marketing so advertisers can design and tailor products and services that satisfy the targeted groups. In social marketing, audiences are segmented into subgroups and assumed to have similar interests, needs and behavioural patterns.
This assumption allows social marketers to design relevant health or social messages that influence people to adopt recommended behaviours.
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which of the following is an example of a financial institution? multiple choice question. mortgages the federal reserve system banks the new york stock exchange
The only point that is a financial institution is banks..
a financial institution is an organization that provides financial services to individuals and businesses. these services can include:
* depositing and withdrawing money * providing loans
* investing money * managing risk
* providing financial advice
banks are the most common type of financial institution. they provide a wide range of services, including:
* checking accounts * savings accounts
* loans * credit cards
* investments * financial advice
the federal reserve system is not a financial institution. it is the central bank of the united states. the federal reserve system regulates banks and other financial institutions, but it does not provide financial services to individuals or businesses.
the new york stock exchange is a stock exchange. stock exchanges are not financial institutions. they are marketplaces where buyers and sellers of stocks can meet.
mortgages are not financial institutions. they are loans that are used to purchase real estate. mortgages are typically provided by banks, but they can also be provided by other financial institutions.
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J. D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in a J. D. Power Initial Quality Survey. Comment on whether each question provides categorical or quantitative data. (a) Did you purchase or lease the vehicle? categorical quantitative (b) What price did you pay? categorical quantitative (c) What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average, Outstanding, or Truly Exceptional) categorical quantitative (d) What is your average miles per gallon? categorical quantitative (e) What is your overall rating of your new vehicle? (1- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) categorical quantitative
Quantitative data can be measured in numbers, for example 20 miles for every gallon. While categorical data alludes to non-numerical responses, for example better caliber, better looks, and is generally obtained by picking one response from a gathering of available answers.
a. CATEGORICAL DATA
b. QUANTITATIVE DATA
c. CATEGORICAL DATA
d. QUANTITATIVE DATA
e. QUANTITATIVE DATA
Quantitative variables are any variables where the data address amounts (for example level, weight, or age).
Categorical variables are any variables where the data address gatherings. This incorporates rankings (for example finishing places in a race), classifications (for example brands of cereal), and binary results (for example coin flips).
Categorical data alludes to a data type that can be stored and distinguished based on the names or labels given to them. Numerical data alludes to the data that is as numbers, and not in any language or descriptive form. Also referred to as qualitative data as it qualifies data before classifying it.
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It's time to think like a manager. Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. How can a manger emphasize genuineness of corporate social responsibilities and activities in society?
The correct answer to this open question is the following.
It's time to think like a manager. And more importantly, it is time to act like a manager and became a true leader.
Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. That is why is so important that a manager could emphasize genuinely that corporate social responsibilities are a priority for the organization.
One good way to prove that and stop critics is to establish a series of programs and actions that benefit the environment and the community and that could be evaluated by the members of the society.
This includes mass media. Yes, the company has to open its doors and be willing and able to show the results of these programs. If the company has nothing to hide, it will have no problem to show its work and be proud of the monetary results as well as the social responsibility results that benefit the community.
supplemental plans usually cover the deductible and copay or coinsurance of a primary health insurance policy. which is the best known supplemental plan?
Supplemental plans frequently pay the deductible and copay or coinsurance of a standard health insurance policy. The most well-known supplemental plan is Medigap.
Health insurance:
Health insurance, often known as medical insurance in South Africa, is a type of insurance that covers all or part of the risk of a person incurring medical expenses. Risk, like other types of insurance, is shared among many people. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can build a routine finance structure, such as a monthly premium or payroll tax, to give the money to pay for the health care benefits provided in the insurance agreement.
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In your discussion (from question 1), report to Pieter Boone the environment in which Pick n Pay operates, (Further research is encouraged).
Pick n Pay operates in the retail industry in South Africa, which is a dynamic and competitive market. The company faces various environmental factors, including economic conditions, consumer behavior, technological advancements, regulatory policies, and social trends. Conducting further research will provide a more comprehensive understanding of the specific environment in which Pick n Pay operates.
The environment in which Pick n Pay operates can be influenced by several factors. Firstly, economic conditions play a crucial role as they impact consumer spending power, inflation rates, and overall market growth. Changes in GDP, employment levels, and disposable income can significantly affect consumer behavior and purchasing decisions.
Consumer behavior and preferences are another important aspect. Factors such as shifting demographics, changing lifestyles, and increasing health-consciousness can influence the demand for certain products and services. Pick n Pay needs to stay updated on these trends to effectively cater to customer needs and stay competitive.
Technological advancements are rapidly transforming the retail industry. E-commerce, mobile applications, and digital platforms have reshaped the way consumers shop and interact with retailers. Pick n Pay needs to adapt to these technological changes to enhance the customer experience, streamline operations, and stay relevant in the market.
Regulatory policies and compliance requirements also impact Pick n Pay's operations. Government regulations related to labor, taxes, food safety, and environmental sustainability can impose additional costs and affect business practices.
Lastly, social trends and cultural factors shape consumer preferences and expectations. Growing awareness of sustainability, ethical sourcing, and social responsibility can influence consumer choices and impact Pick n Pay's reputation.
Conducting further research on the specific market dynamics, industry trends, and competitive landscape will provide a deeper understanding of the environment in which Pick n Pay operates. This knowledge will enable the company to make informed decisions, identify growth opportunities, and effectively respond to the ever-changing business landscape.
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Over your lifetime, as a driver, it is estimated that you will
A. Most likely never be in a car accident
B. Be in one car accident
C. Be in two car accidents
D. Be in three to four car accidents
Answer:
The average is about three to four car accidents in their lifetime. Thats about 1 car accident every 18 years.
Explanation:
D is the correct option
technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage
Please select the best answer from the choices provided
A
B
C
D
Mexico city is one of the most polluted cities in the world. True or false?
Answer:
true
Explanation:
consumers most often use ____ when purchasing low-cost, frequently purchased products.
Consumers most often use routine response behavior when purchasing low-cost, frequently purchased products.
When making purchasing decision, there are some factors that influence the customers decisions. The study to understand these factors is called customer behaviors. There are few types of customer behaviors, such as:
Routine responseLimited decision-makingExtensive decision-makingImpulsive buyingRoutine response behavior involves making quick and automatic decisions based on past experiences and familiarity with the product. Consumers do not spend a lot of time or effort researching or comparing options for these types of products, as they are typically low-risk and low-involvement purchases. Routine response behavior depends heavily on brand recognition and repetitions.
Limited decision-making involves occasional buying decision with some research and little amount of pre-purchase thought.
Extensive decision-making occurs when the purchased product has a great impact for the buyer's life. Big financial investment is the major example of this type of decision. Buyer will spend a great efforts and time on researching the potential products before making a decision.
Impulsive buying happens when the purchasing activity is impulsive. A customer buys a product on a whim and without any thought. This kind of buying is mostly irrational and in the moment.
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(1) An S corporation must possess which of the following characteristics?
a. Not more than one hundred shareholders.b. Corporation organized in the U.S.c. Only one class of stock.d. All of the above are required of an S corporation.e. None of the above are required of an S corporation.
An S corporation is prohibited from going public and is only permitted to have 100 shareholders, which restricts its ability to raise money from new investors.
Thus, the correct option is A.
What is S corporation?A business form known as a S corporation is one that is allowed by the tax code to distribute its taxable income, credits, deductions, and losses to its shareholders directly.
This provides it certain advantages over the more popular C corp. The S corp, an alternative to the limited liability company, is only available to small firms with 100 or fewer stockholders (LLC).
S corporations and LLCs are both referred to as "pass-through entities" because they don't pay corporate taxes; instead, they pay their shareholders, who are then in charge of paying the necessary taxes.
The Internal Revenue Code's Subchapter S, which they have chosen to be taxed under, gives S corporations their name.
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What effects did the government response to the great depression have on the credit industry?.
The government's response to the Great depression had an effect on the credit industry which was to reduce the amount of debt that people could get access to.
What did the Great Depression do the the credit industry?The credit industry in the United States was one of the things that led to the Great Depression. This happened when people borrowed money from banks to invest in the stock market and when losses were made, banks were unable to regain these loans and pay their depositors.
The government decided to regulate the credit industry more in order to ensure that something people using other people's money for risky investments doesn't happen again. As a result of this regulation, less people could access loans which meant that the the amount of debt that people incurred reduced. This led to a contraction of the credit industry.
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The sales charge on a fund with a Net Asset Value of $9.50 and a Public Offering Price of $10.00 is:
The greatest overall "front-end load" or sales fee that might be tacked on to the acquisition of mechanical fund shares. This compensation reimburses a financial expert for their services.
Why is $1 NAV important?The primary safety element of the money market funds is a stable negative asset value (NAV). Because it consistently maintains a $1.00 value, a stable NAV suggests that the likelihood of the fund squandering principal or "breaking a buck" is reduced.
How do you factor in NAV and sales fee when calculating pop?The POP is the total of the sales fee and net asset value that an owner must pay in order to invest. Navi + Scs = POP is the equation used to calculate the POP. The net asset value of the mutual fund is multiplied by the sales charge to arrive at the POP, the public offering price.
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The failure to properly record an adjusting entry to accrue a revenue item will result in an.
The failure to properly record an adjusting entry to accrue a revenue item will result in an understatement of revenues and an understatement of assets.
Revenues is the overall amount of profits generated with the aid of the use of manner of the sale of goods and services associated with the number one operations of the monetary corporation. Business profits can also be known as earnings or as turnover. A few companies receive sales from interest, royalties, or excellent charges.
The crucial income definition is the general amount of cash delivered in with the useful aid of a commercial enterprise agency's operations, measured over a fixed quantity of time.
An organization's revenue is its gross profits earlier than subtracting any expenses. Earnings and normal earnings outline earnings—it's far the monetary gain through profits and/or offerings rendered.
Revenue, in economics, the earnings that a company receives from the sale of an amazing or service to its clients.
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The main purpose of a cover letter is to:
a. Get hired for a position
b. Be called in for an interview
C. Let yyour friends know how your job search is going
d. Obtain references from your network
Answer:
be called for an interview
as an office worker you are supposed to explain in your new assistant the following things. explain in your own words
A}minutes
B} memorandum
C} agenda
D} telegrams
E} pictograms
Answer:
c- a list of items to be discussed at a formal meeting.
a- a period of time equal to sixty seconds or a sixtieth of an hour.
b-a written message in business or diplomacy
d-a message sent by telegraph and then delivered in written or printed form.
e-a pictorial symbol for a word or phrase. Pictographs were used as the earliest known form of writing, examples having been discovered in Egypt and Mesopotamia from before 3000 BC
Explanation:
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1
Explain why two employees at a company, earning the same gross pay, might have different net pays.
How are hourly and salaried gross pay calculated?