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kaitlyn7077
15.04.2020 •
Business
The company has net sales revenue of $5.0 million during 2018. The company's records also included the following information: Assets 12/31/17 12/31/18 Property, plant and equipment $ 3.0 million $ 3.9 million Licensing agreements $ 1.2 million $ 1.1 million Goodwill $ 1.0 million $ 1.0 million Investments $ 1.1 million $ 1.2 million What is the company's fixed asset turnover ratio for 2018
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Ответ:
1.45 times
Explanation:
The computation of company's fixed asset turnover ratio is shown below:-
Average of Net Property, plant and equipment = ($3.0 million + $3.9 million) ÷ 2
= $6.9 million ÷ 2
= $3.45 million
Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment
= $5 million ÷ $3.45 million
= 1.45 times
Therefore for computing the fixed assets turnover ratio we simply applied the above formula.
Ответ:
This all simply due to the size of the two water bodies question and the your body size in a bath tub the water is small enough to allow the upthrust displace water out if the tub whereas in a lake the water is bigger and your body size is smaller to allow any noticeable upthrust that would cause an overflow