Worshafter Ltd Has Provided Information from Its Financial Statements for the Year

question 2

Multiple Choice

Worshafter Ltd has provided information from its financial statements for the year ended 30 June 2015. The company trades 365 days per year. The number of times Workshafter Ltd's inventory turned over for 2015 is:

• A) 5.0 times.
• B) 2.2 times.
• C) 5.5 times.
• D) 2.0 times.

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Definitions:

Rational Decisionmaker

An individual or entity that makes decisions by systematically evaluating available information and outcomes to choose the best possible option.

Marginal Benefit

The extra pleasure or benefit obtained from using an additional unit of a product or service.

Marginal Cost

The cost of producing one additional unit of a good.

Major in Finance

Involves the study of managing money, including investments, banking, finance markets, and the analysis of financial systems and financial planning.