Business, 16.04.2020 19:58 teamroper35
6. Frank Company reported beginning and ending total assets of $ 240 comma 000 and $ 400 comma 000, respectively. Its net sales for the year was $ 400 comma 000. What was Frank's asset turnover ratio? Begin by selecting the formula to calculate the company's asset turnover ratio. Then enter the amounts and calculate the ratio. (Round the asset turnover ratio to two decimal places, X. XX.)
Answers: 1
Business, 22.06.2019 15:30
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
Business, 22.06.2019 20:00
Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.
Answers: 1
Business, 22.06.2019 23:30
Miller companyβs total sales are $171,000. the companyβs direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
Business, 23.06.2019 01:40
The petty cash fund has a current balance of $ 350, which is the established fund balance. based on activity in the fund, it is determined that the balance needs to be changed to $ 450. which journal entry is needed to make this change?
Answers: 3
6. Frank Company reported beginning and ending total assets of $ 240 comma 000 and $ 400 comma 000,...
Chemistry, 28.09.2019 00:30
History, 28.09.2019 00:30
Mathematics, 28.09.2019 00:30
History, 28.09.2019 00:30
Social Studies, 28.09.2019 00:30