Dew Drop Inn had net revenue of $117,000 in 2020 and $100,000 in 2021. Its fixed assets were $400,000 at the end of 2019, $380,000 at the end of 2020, and $360,000 at the end of 2021. In which year was the fixed asset turnover ratio better
Based on the fixed assets and the revenue in the years in question, the year with the better fixed asset turnover ratio was 2020.
The fixed asset turnover ratio is calculated as:
= Revenue / Fixed assets
For 2020 it was:
= 117,000 / 380,000
= 47%
In 2021 it was:
= 100,000 / 360,000
= 28%
The year with the higher ratio is the better year and that year was 2020.
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When renting an apartment, in addition to the first month's rent, the amount to move-in often requires the last month's rent as well as a security deposit. The rent is $725 per month and the security deposit is $900. How much money must be paid to the apartment management to be able to live in the apartment the first year? Assume that the renters moved out at the end of the first year. A. $9,425 b. $9,600 c. $10,325 d. $11,050.
Answer:
B/9600 yw
Explanation:
The use of short-term incentives to encourage the purchase or sale of a product or service is called ________.
The use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
Sales promotion can be defined as the strategy of using annual incentives to attract customers so as to increase the sales of goods and services.
Most companies make use of sales promotion to increase their sales in order to generate more revenue as well as to promote their products.
Sales promotion is important as it enables companies to advertise their products or to create products awareness to customers.
Inconclusion the use of short-term incentives to encourage the purchase or sale of a product or service is called sales promotion.
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Harry is a salesperson at Lenic Technology. When demonstrating the company's new 3D printer to a prospective buyer, Harry should:
Answer:
make sure the product being demonstrated is typical of what is being reccomended
Explanation:
Which of the following would most likely be considered an expense in a budget?
A. Groceries
B. Rent
C. All of these
D. Car Loan
Answer:
C
Explanation:
Everything in life is an expense for me
Match the terms with their correct definitions.
yaaaaaaaaaaaaaaahhhhhh
When current output is greater than potential output, which of the given monetary policies is the Federal Reserve (the Fed) likely to enact
When the current output is more than the potential output the fed is likely to enact decreasing reserves to increase interest rates.
The reason why they would have to do this is based on the fact that when the actual output in the economy is more than the potential output, It means that there is an inflationary gap.
In order to close this gap, the fed would have to reduce the aggregate demand, thereby raising the rate of interest. This would in turn lead to the fall in consumption and fall in saving.
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HELPPPP ASAP GIVING BRAINLESS IF THE ANSWERS ARE CORRECT.
Use these words to answer the questions:
raw material, social, decision making, economic, labour, unemployment, personalized
Opportunity, profit, independence, and challenge are some reasons people are willing to take the risks of being a(n)
Answer: entrepreneur
Explanation:
assume the risk-free interest rate is 7% and the market return is 12%. if the beta of a stock is 1.4, according to capm, what is the required rate of return on the stock?
Answer:
Expected return = Risk Free Rate + [Beta x Market Return Premium]Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted debit balance. The adjusting entry to record estimated bad debts includes a ______. (Select all that apply.)
Based on the information given the appropriate adjusting entry to record estimated bad debts includes a:
Debit to bad debt expense of $1,000
Credit to allowance for doubtful accounts of $1,000
Adjusting journal entries
Debit Bad debt expense $1,000
Credit Allowance for doubtful accounts $1,000
(1%×$100,000)
(To record estimated bad debts)
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Answer:
credit to Allowance for Doubtful Accounts of $1,000
debit to Bad Dept Expense of $1,000
True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.
It is false that the key to success for companies in a capitalist economy is to remain inflexible during times of change.
This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.
Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.
For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.
Hence, in this case, it is concluded that the correct answer is False.
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Which document not only helps in a job search but also helps in job advancement?Apart from a job search, a “blank”
also helps in job advancement.
Answer:
resume
Explanation:
A resume aids the job-seeking process in that it: organizes experiences and skills.
The document not only helps in a job search but also helps in job advancement. Apart from a job search, a resume also helps in job advancement.
What is job?
The term “job” refers to being employed by a particular company. The job creates an opportunity to build a career. A job provides financial support and allows you to gain experience. There are producers, builders, thinkers, and improvers.
A resume assists in the job-search process by organizing experiences and skills. A resume is required for nearly everyone who applies for a job. A brief written account of your schooling, qualifications, and past positions that you send to a company when looking for work. A resume is a legal statement created by a job candidate to list their qualifications for a job.
As a result, the document not only helps in a job search but also helps in job advancement.
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Revenues were $1,000,000, Cost of Goods Sold was $750,000, and Net Income was $120,000. Net profit margin equals ______.
The net profit margin is 12%
The parameters given in the question are
Revenue= $1,000,000
Cost of goods sold= $750,000
Net income= $120,000
Net profit margin= Net income/revenue × 100
= 120,000/1,000,000 × 100
= 0.12 × 100
= 12 %
Hence the net profit margin is 12%
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Free trade areas that have a common external trade policy, but don't allow for the free movement of people and capital are called
Answer:
common markets
Explanation:
Retailing includes all activities involved in the: _______________
a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
b. selling of tangible products to ultimate consumers for personal, family, or household use.
c. selling of tangible products to ultimate consumers for personal, household, or industrial use.
d. selling, renting, leasing, or reselling of products and services to ultimate consumers or small industrial users.
e. selling, renting, and providing of products and services without retaining the title to these offerings.
Retailing includes all activities involved in the: selling of tangible products to ultimate consumers for personal, family, or household use.
There are two major middlemen in the distribution of products:
Wholesale: This is a middleman who buys directly from the producer in large quantity and sells to retailers in small quantity.Retail: The retailers buys in small quantity from the wholesaler and sells in units quantities to the final consumers. The retailer is the closest to the consumer in the distribution chain and he gives information about a product to the consumer.Therefore, the retailers sells to consumers who use a product for personal or household use.
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Retailing includes all activities involved in the: a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
Retailing refers to the act of selling products and services for the consumption of the final consumers. There is no reselling of the products at this stage.
The consumer uses the products and services for his personal benefit. Therefore, option A is correct.
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what action should a member take if it is believed that an opsec disclosure has occurred?
Report the OPSEC disclosure to your OPSEC representative or the EUCOM OPSEC PM.
A(n) _____ note is an obligation requiring a series of payments to the lenders. Multiple choice question. secured registered term installment
Answer: installment
Explanation:
based on what you know about organizational development what considerations may laura be alluding to
The considerations Laura may be alluding to based on what you know about organizational development is that in an organization open communication and change are essential elements, in addition to the importance of managing human capital.
Every organization is a dynamic system that needs to adapt to new internal and external realities in order to be well positioned in the market, so changing strategies, policies and procedures is a necessity for organizational development.
Human capital management and open communication are also fundamental competences for the creation of an organizational culture focused on the development, motivation, innovation and cooperation of workers.
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to create strong partnering relationships, supply chain members must develop mutual trust, openly communicate, have common goals, recognize the benefits of interdependence, and
Supply chain members must build mutual trust, communicate openly, share common goals, recognize the benefits of interdependence, and be willing to invest in each other's success.
Through these competencies, partnering relationships will be stronger and more effective in achieving the organizational goals and targets of each member of the supply chain.
The supply chain network comprises:
ProducersSellersWarehousesTransport companiesDistribution centersRetailersIt is essential that the relationship between a company and its suppliers is integrated and that one member contributes to the other's success, as each step of the supply chain is related to another.
Therefore, as the supply chain is a cycle, each step will impact the activities of the next step, requiring the integration of members and maintaining the quality of the product cycle until reaching the end customer.
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Identify the market structure that most accurately describes the context in which each good or service is sold. retail clothing
Market structure refers to the categorization of firms according to the types of goods they sell and their methods of operation. Given the question, the market structure that describes retail clothing is
Monopolistic CompetitionMonopolistic Competition is that where there are different firms selling similar things that are not particularly, exact.
It is easy to start up this sort of business because there are not so many barriers to entry.
Also, competitors are independent because the decision of one does not affect the others. Retail clothing is an example.
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Which of the following is not a step that can help you establish and maintain a good credit history?
a. Open a bank account.
b. Purchase a cell phone contract and pay it on time and in full every month.
c. Make car payments and car insurance on time.
d. Open many credit card accounts.
e. All of the above steps help establish good credit history.
Answer:
b. Purchase a cell phone contract and pay it on time and in full every month.
Explanation:
have a wonderful day!! :)
What do you mean by the vocations based on capital ? Explain with examples
Answer:
Capital asset -investment activity is vocation or business being an adventure or concern in nature of commerce. Income/ loss from such activity will fall under different heads of income.
Explanation:
this is the correct answer
when preparing your taxes, what can possibly help reduce the amount of taxes that you owe?
Answer:
By Opening a saving account
When preparing your taxes a tax credit can help you to reduce the amount of taxes that you owe.
A tax credit can be referred to as an item that is used directly to reduce what someone has to pay as taxes in a year. The tax credit helps by decreasing a person's tax liability.
The tax credit could be automatically gotten or it could be claimed. Tax deductions can also be used to reduce the amount that a person earns just before they calculate their taxes.
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The process of turning over public lands to private entities through sale or lease agreements for cultivation and development is called what
Answer:
Privatisation is the answer hope it helps you.
A job title can affect the salary of an office support worker.
True
False
a productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improvements. assume that digby had a productivity index of 112% and that baldwin had a productivity index of 103%. now refer to the income statements in the annual report for digby and baldwin. using the labor costs shown in the income statements, how much more did digby save in direct labor costs compared to baldwin by having a higher productivity index?
Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.
Given that a productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements, assuming that Digby had a productivity index of 112% and that Baldwin had a productivity index of 103%, to determine how much more did Digby save in direct labor costs compared to Baldwin by having a higher productivity index, the following calculation should be performed:
112 - 100 = 12 103 - 100 = 3 12 - 3 = 9
Therefore, Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.
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Location is very important in the marketing of __________ because consumers desire to purchase these goods with a minimum of shopping effort.
Answer:
Services
Explanation:
I think is services
If market share for six cleaning service companies are 8%, 10%, 6%, 3%, 25%, and 48%, what would be the Herfindahl-Herschman (HHI) index calculation
Answer:
52
Explanation:
ss
If market share for six cleaning service companies are 8%, 10%, 6%, 3%, 25%, and 48%, then the Herfindahl-Herschman (HHI) index calculation will amount to 52%. Therefore, the option C holds true.
What is the significance of the Herfindahl-Herschman, or the HHI, index?The Herfindahl-Herschman, or the HHI, index is the one that is a representative of penetration or concentration of the share of total firms available in the market. It relates to expression monopolistic position of the firm with the largest share in an economy.
The HHI index can be calculated as the sum of difference between the firm with the highest share and the firms with lower shares out of the total market concentration.
HHI = 100 – Largest Share
HHI = 100 – 48%
HHI = 52%
Therefore, the option C holds true and states regarding the significance of Herfindahl-Herschman (HHI) index.
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The missing choices are added below.
A. 48%
B. 100%
C. 52%
D. 4%
PLEASE HURRY-ITS AN IMPORTANT EXAM AND I'M STUCK ON THIS QUESTION THAT'S PROBABLY HONESTLY UPER EASY!!!! Self-management refers to how an individual organizes their time and work tasks so that they also have opportunities to engage in self-care.
True
False
Answer:
i think its true
Explanation:
Answer:
true
Explanation:
self meaning me myslef or I management meaning organized or put together.