If Sales for 2015 Are $4,000,000 and for 2016 Are

question 9

Multiple Choice

If sales for 2015 are $4,000,000 and for 2016 are $6,000,000, and total assets at the end of 2015 are $1,000,000 and at the end of 2016 are $2,000,000, the asset turnover period ratio for 2016 is:

• A) 91 days.
• B) 146 days.
• C) 109 days.
• D) 1460 days.

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Definitions:

Neanderthals

An extinct species of human closely related to modern humans, living in Europe and parts of Asia until about 40,000 years ago.

Adaptive Evolution

Evolutionary changes that improve an organism's fit to its environment, driven by natural selection.

Language-Processing Centers

Regions in the brain responsible for understanding and producing language, including Broca's and Wernicke's areas.

Existing Traits

Characteristics or attributes of organisms that are already present in a population due to evolutionary processes.