Which of the following statements is true?
a. The fixed asset ratio is not useful for comparing different companies.
b. A smaller fixed asset turnover ratio is associated with firms that are more labor intensive and require smallerfixed asset investments.
c. The fixed asset ratio cannot be compared across time for an individual company.
d. A larger fixed asset turnover ratio is associated with firms that are more labor intensive and require smallerfixed asset investments.
d
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What journal entry format is appropriate if sales returns and allowances occur on factored accounts?
A. Sales Returns and Allowances XX Receivable from Factor XX B. Receivable from Factor XX Factoring Expense XX C. Sales Returns and Allowances XX Factoring Expense XX D. Factoring Expense XX Sales Returns and Allowances XX
List the three categories of cash inflows and outflows shown on the statement of cash flows.
What will be an ideal response?
The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100
What is the production order quantity for this problem? A) 139 B) 174 C) 184 D) 365 E) 548
The four categories of quality costs in a quality cost report are:
A. warranty, product liability, training, and appraisal. B. warranty, product liability, prevention, and appraisal. C. external failure, internal failure, prevention, and appraisal. D. external failure, product liability, prevention, and carrying.