A Victoria ﬁrm has total assets of $126,740 and net ﬁxed assets of $82,408. The average daily operating costs are $1,211. What is the value of the interval measure?
A) 1.47 days
B) 2.73 days
C) 36.61 days
D) 68.05 days
E) 104.66 days

Question

Quizplus · Accepted Answer

Interval measure = (Net fixed assets / Average daily operating costs)
Interval measure = (82,408 / 1,211) ≈ 68.05 days

A Victoria ﬁRm Has Total Assets of $126,740 and Net