Answer:d) give the company its own identity. explain "where we are headed.
Explanation: A company's mission statement is a statement that specifically highlights the following
(1) The needs of the customer which the company plans to fulfill.
(2) Highlight the company's products and services which are rendered.
(3) It should also identify the Customer or market it is trying to reach.
This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.
Answer:
The answer is
For 2018 - 1.5
For 2019 - 1.3
Explanation:
Asset turnover ratio=Net sales/average total assets
For 2018:
Sales - $480,000
Beginning asset - 360,000
Ending asset -360,000
Average total asset:
($280,000 + $360,000)/2
=$320,000
Therefore, asset turnover for 2018 is:
$480,000/$320,000
=1.5
For 2019:
Sales - $513,500
Beginning asset - $360,000
Ending asset - $430,000
Average total asset:
($360,000 + $430,000)/2
=$395,000
Therefore, asset turnover for 2019 is:
$513,500/$395,000
=1.3
#8 is C. Unfortunately I do not know #9.
