If the Following Jobs Are Sequenced According to the DDATE

question 70

Multiple Choice

If the following jobs are sequenced according to the DDATE rule, then the mean completion time (in days) for all jobs is (assume zero for today's date)

• A) 16.4 days.
• B) 22.6 days.
• C) 28.7 days.
• D) 33.0 days

---

Definitions:

Turnover Ratio

A measure of a fund or portfolio's holdings that have been replaced in a given year, indicating its trading activity.

Average Daily Assets

The average value of assets held by a fund over a specific period, usually calculated daily.

Stock

Shares of ownership in a corporation, giving shareholders a claim on the company's assets and earnings.

S&P 500

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.