Bradford company had sales of $700,000 for the year. the total assets at the beginning of the year were $240,000, and the total assets at the end of the year were $280,000. the ratio of sales to total assets is (round answer to two decimal places)
a.0.40
b.2.92
c.0.34
d.2.69

Sales to asset ratio= 0.4

Explanation:

Giving the following information:

Bradford Company had sales of $700,000 for the year. The total assets at the beginning of the year were $240,000, and the total assets at the end of the year were $280,000.

Sales to asset ratio= sales/ total assets

Sales to asset ratio= 280,000/700,000= 0.4

answer; the correct answer is (direct foreign investment);

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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