Answer:
Turnover is equal to 2.40
Explanation:
Consider the following equation to calculate the turnover
Turnover = Sales /Average operating assets
= 16.800.000/7000000=
2.4
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<em>Turnover is an accounting concept that calculates how quickly a business conducts its operations.</em>
Answer:
The amount of the Depletion Expense recognized for 2018 would be 240,000
Explanation:
In order to calculate the The amount of the Depletion Expense recognized for 2018, we have to calculate first the depletion expense per ton.
Hence, Depletion expense per ton = $1,600,000/400,000 = 4
Therefore, if the Depletion expense per ton is 4, and during 2018 60,000 tons of granits were sold then the Depletion expense to be recognized for 2018 will be=60,000*4
= $240,000. Amount of the Depletion Expense recognized for 2018
Answer:
D) I and III only.
Explanation:
II is false because the standard deviation of each stock is an inner characteristic of the stock and cannot be affected by combining it with other stocks in an investment portfolio. I. is true because each stock risk answer to the sector risk and company risk essentially, and by having stock of different sectors and companies is expected that unsystematic risks as these are off-setted. By having a portfolio with wide not-correlated stocks is expected that the risk can be reduced dramatically.
A. the data are quantitative because they consist of counts or measurements.
The answer would be false
