A Student Taking Economics,statistics,and Finance Has Decided to Spend 9

question 11

Multiple Choice

A student taking economics,statistics,and finance has decided to spend 9 hours per week studying.The objective is to maximize the average grade,which means maximizing the total grade in the three courses.The table shows the student's estimate of the relation between time spent studying each course and the grade for each course. Based on the above information,how should the student allocate her time?

• A)3 hours economics,4 hours statistics,2 hours finance
• B)3 hours economics,3 hours statistics,3 hours finance
• C)4 hours economics,3 hours statistics,2 hours finance
• D)3 hours economics,2 hours statistics,4 hours finance

---

Definitions:

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects cash from its credit sales by dividing net credit sales by average accounts receivable.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a period, indicating the efficiency of inventory management.