• 2022-06-06
    Jasper United had sales of $21,000 in 2011 and $24,000 in 2012.The firm's current accounts remained constant.Given this information, which one of the following statements must be true?
    A: The total asset turnover rate increased.
    B: The days' sales in receivables increased.
    C: The net working capital turnover rate increased.
    D: The fixed asset turnover decreased.
    E: The receivables turnover rate decreased.
  • C

    内容

    • 0

      According to the DuPont analysis system, the indicator that has no effect on the return on net assets is ( ). A: Equity multiplier B: Net profit rate of sales C: Quick ratio D: Turnover of total assets

    • 1

      The following extracts are available from a company's financial statements ($). 20X9 20X8 ’000 ’000Sales 60,000 90,000Gross profit 32,000 35,000Net profit 21,000 18,000Capital employed 50,000 40,000Calculate the asset turnover for both 20X9 and 20X8 to two decimal places.20X9: __________ ____% 20X8: __________ ____%

    • 2

      The natural rate of unemployment will most likely increase if A: the minimum wage rate is decreased B: unemployment benefits are increased C: monetary growth is decreased D: income taxes are increased E: all of the above

    • 3

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    • 4

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