If Net Sales Is $100,000,total Assets at the Beginning of the Year

question 141

Multiple Choice

If net sales is $100,000,total assets at the beginning of the year is $45,000,and total assets at end of the end of the year is $55,000,how much would be the ratio of sales to assets?

• A)1.0
• B)1.8
• C)2.2
• D)2.0

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Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.

Strategic Alliance

A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.

Vertical Integration

A strategy where a company expands its operations by taking over or merging with other companies that are at different stages of production or distribution in the same industry.

Merger

The combination of two or more companies into one, with the goal of increasing market share or efficiency.