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What is operating assets turnover?
Operating asset turnover is the ratio of net sales divided by operating assets.
Which typeof business organization in the US has the greatest financial assets?
banking
Current assets divided by current liabilities is known as?
current ratio
When the concept of conservation is applied to the Balance Sheet it results in?
When the concept of conservation is applied to a balance sheet it results in an understatement of assets.
What are the basic issues related to accounting for intangible assets?
Some of the basic issues related to accounting for intangible assets are non-monetary assets which are not seeable. This generates time and effort to classify separate asset. Legal intangibles and Competitive intangible are customers' information, rights, and cost within the organization. It is also recorded as organization's cost.
Which of the following is not a part of risk management Identifying threats or Reducing risk to an acceptable level or Protecting a person's personal assets or Protecting the organization's assets?
Protecting a person's personal assets is not a part of risk management. Risk management usually pertains to companies and organizations.
How can one determine the net assets of a company or organization?
To determine the net assets of a company or organization, you subtract its total liabilities from its total assets. This calculation gives you a measure of the organization's financial health and value.
What Identifying threats Reducing risk to an acceptable level Protecting a person's personal assets Protecting the organization's assets is not a part of risk management?
Protecting the organization's assets
What happens to the funds if a charitable organization folds?
If a charitable organization folds, its remaining funds and assets are typically distributed to other charitable organizations with similar missions. This process is overseen by the organization's board of directors or a court-appointed receiver to ensure the funds are used for charitable purposes.
What is Net income divided by total assets?
debt to assets ratio
What happens to debt and liabilities when nonprofit organizations close?
When nonprofit organizations close, their debts and liabilities must be addressed according to state and federal laws. Typically, any remaining assets are liquidated to pay off creditors, and if the organization has insufficient assets to cover its debts, creditors may not recover the full amount owed. Additionally, the nonprofit's governing documents may outline specific procedures for asset distribution, often directing remaining assets to another nonprofit with a similar mission. Unpaid debts may ultimately be discharged, but the organization’s board may still have some liability depending on their actions and the organization's structure.
What does official sponsor mean?
An official sponsor of an event or organization contributes money or other assets to the organizations or organizers of the event usually in exchange for the right to advertise its connection to the event or organization. For example a sports shoe company might become an official sponsor for an athletic event or athletic organization.
How do you calculate return on assets?
Net Income divided by Average Total Assets
What is net profits divided by total assets?
net profit devided by total assets is called return on total asset and formula is as follows: Return on total assets = Net profit / total assets.
How does an Equipment Custodian view all authorization assets on her account?
A. Organization Assets screen
Equipment Custodian view all authorization and in-use assets?
Organization Assets screen
What is net sales divided by tangible assets ratio?
fixed assets turnover ratio
