An Asset Had Returns of 6

question 6

Multiple Choice

An asset had returns of 6.8,5.4,3.6,-4.2,and -1.3 percent,respectively,over the past five years. What is the variance of these returns?

• A).00173
• B).00184
• C).00216
• D).00240
• E).00259

Understand and differentiate between various liquidity ratios and their implications for a company's short-term financial health.

Apply vertical analysis to different components of financial statements and interpret the results.

Calculate and interpret inventory turnover and its impact on business operations.

Identify the components included and excluded in computing the acid-test ratio.

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Definitions:

Oceanic Plateau

A large, flat, elevated region in the ocean basin, often composed of thickened crust that rises above the surrounding seafloor.

Fracture Zone

A linear zone of irregular topography on the ocean floor characterized by fractures and faults due to plate movements.

Linear Island Chain

A series of islands arranged in a straight line, formed by geological processes such as volcanic activity along a marine ridge.

Island Arc

A curved chain of volcanic islands located at a tectonic plate boundary, over a subduction zone.