Which of the following formulas is used to determine Fixed Asset Turnover?
A) fixed assets/gross sales
B) cost of goods sold/fixed assets
C) gross sales/fixed assets
D) net sales/fixed assets
E) fixed assets/net sales
D
You might also like to view...
Which type of conflict refers to the clash in viewpoints about how to carry out work?
A. process B. structural C. relationship D. task
In the audio equipment industry, Philips and Sony belong to the same ________
A) target group B) strategic group C) experimental group D) control group E) focus group
Trekker Bikes' current assets are $300 million and its current liabilities are $125 million. Its current ratio is 0.417.
Answer the following statement true (T) or false (F)
Studio 55, Inc. has an issue of preferred stock that pays a dividend of $4.00. The preferred
stockholders require a rate of return on this stock of 9%. At what price should the preferred stock sell for? Round off to the nearest $0.10. A) $88.80 B) $44.40 C) $62.50 D) $36.00