Relevant financial information for Gordon, Inc. and Jordan, Inc. for the current year is provided below. ($ in millions) Gordon, Inc. Jordan, Inc.
Net sales $3,280 $6,540
Net income 118 132
Total assets, beginning 1,420 2,230
Total assets, ending 1,600 2,020
Based on these data, which of the following is a correct conclusion?
a) Asset Turnover is 0.5 times for Gordon and 0.3 times for Jordan. Thus, Gordon generates more sales per dollar of assets than does Jordan.
b) Asset Turnover is 0.5 times for Gordon and 0.3 times for Jordan. Thus, Jordan generates more sales per dollar of assets than does Gordon.
c) Asset Turnover is 2.2 times for Gordon and 3.1 times for Jordan. Thus, Gordon generates more sales per dollar of assets than does Jordan.
d) Asset Turnover is 2.2 times for Gordon and 3.1 times for Jordan. Thus, Jordan generates more sales per dollar of assets than does Gordon.

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.