Deflorio Corporation's Inventory at the End of Year 2 Was

question 58

Multiple Choice

Deflorio Corporation's inventory at the end of Year 2 was $180,000 and its inventory at the end of Year 1 was $169,000. The company's total assets at the end of Year 2 were $1,551,000 and its total assets at the end of Year 1 were $1,454,000. Sales amounted to $1,580,000 in Year 2.The company's total asset turnover for Year 2 is closest to:

• A) 1.05
• B) 0.95
• C) 8.61
• D) 9.05

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Definitions:

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by the means of positive or negative reinforcement.

Frequency

The rate at which something occurs or is repeated over a particular period or in a given sample.

Reinforcement Size

The magnitude or amount of reinforcement provided following a behavior, which can influence the strength and rate of the learned response.

Reinforcer

Any stimulus, which, when presented after a behavior, increases the likelihood of that behavior being repeated.