Which financial ratio measures the number of times that average inventory of finished goods was turned over or sold during a period of time?
A) days of inventory
B) asset turnover
C) average collection period
D) fixed asset turnover
E) inventory turnover
E
Business
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All of the following are elements of a negligent act EXCEPT:
a) Existence of a legal duty b) Failure to perform that duty c) Damages or injury to the claimant d) Inability of the tortfeasor to pay the damages
Business
Two forms of equity financing are private placement with a venture capital firm and the equity capital market, otherwise known as the stock market
Indicate whether the statement is true or false
Business