The complete health of a person is a good forecaster of his or her life expectancy. If a person's quality of life is higher than his/her life expectancy is higher which makes him or her live longer. Also, if a person's overall health is good than the life expectancy is higher which also makes him or her live longer. Consequently, both life expectancy and quality of life are valid indicators of overall health.
Shares are traded on a stock exchange
Answer:
c. $182,083
Explanation:
current numbers:
sales 415,000
assets 355,000
industry average assets turnover
sales / asets = 2.4
<u>How much do assets need to decrease to get an assets turnover of 2.4?</u>
sales will remain unchanged, so we can only adjust assets on the turnover formula:
415,000/assets = 2.4
assets = 415,000/2.4 = 172.916,67
current assets 355,000
target assets 172, 917
decrease in assets 182.083