All-State Moving had sales of $899,000 in 2017 and $967,000 in 2018. The firm's current accounts, such as accounts receivable, remained constant, but not all accounts in the financial statements remained constant . Given this information, which one of the following statements must be true? a. The total asset turnover rate increased. b. The fixed asset turnover decreased. c. The days' sales in receivables increased. d. The net working capital turnover rate increased.

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine