What is turnover?
What will be an ideal response?
Turnover is the total volume traded on an exchange during a year (or some other period) divided by the exchange's market capitalization. It is often viewed as a liquidity indicator. Turnover can also apply to an individual stock.
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13) Which of the following is the primary focus of managerial accounting?
A) providing information that managers need to make operational decisions B) providing historical data to investors and creditors C) providing summarized results of operations D) providing information to comply with laws and regulations of government bodies
In situations where the change in accounting principle has both direct and indirect effects on prior years' income, GAAP states that a company recognize
A. only the direct effect retrospectively. B. the direct effect and discuss the indirect effect in the notes to the financial statements. C. only the indirect effect. D. the direct effect prospectively.
A ________ is a good, service, idea, place, or person--whatever is offered for sale in the exchange
A) product B) place C) utility D) benefit E) demand
If the NLRB finds that either party engaged in unfair labor practices during an election campaign, the election results still stand but a thorough investigation is conducted and either side might be fined.
Answer the following statement true (T) or false (F)