Newport Company has sales of $2,025,000 for the current year. The book value of its fixed assets at thebeginning of the year was $550,000 and at the end of the year was $800,000 . The fixed asset turnover ratio forNewport is
a. 3.0
b. 3.6
c. 2.5
d. 3.7
a
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A product based on new technology faces greater competition from indirect competitors in the
initial phases of its life cycle. Indicate whether the statement is true or false
The term supply-push refers to:
A) making products prior to orders being received based on estimated demand. B) waiting for orders to be received before building a product. C) channel conflict. D) multi-channel manufacturers who sell directly online to consumers.
The net present value (NPV) of project B is closest to ________
Consider the following two projects: Project Year 0 Cash Flow Year 1 Cash Flow Year 2 Cash Flow Year 3 Cash Flow Year 4 Cash Flow Discount Rate A -100 40 50 60 N/A 0.17 B -73 30 30 30 30 0.17 A) 9.3 B) 10.2 C) 11.6 D) 23.2
Which of the following practices is not evidence of conspicuous consumption:
a. Allocating a disproportionate share of one's wealth toward things that are clearly visible to outsiders b. Removing oneself from friends and competitors c. Working hard to cultivate one's tastes d. All of the above