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sergij07 [2.7K]
3 years ago
11

he 12-month period that ends when a company's activities are at their lowest point is called the:(A) Fiscal year.(B) Calendar ye

ar.(C) Natural business year.(D) Accounting period.(E) Interim period.
Business
1 answer:
Nostrana [21]3 years ago
4 0

Answer:

C) Natural business year.

Explanation:

A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.

For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.

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Excess return portfolio performance measures
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A firm operates in a perfectly competitive industry. Suppose it has a short run total cost function given by TC= 10000 +0.04q2 .
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