please show work for following problems:
A firm has $100 of average inventory, operating profit
of $500 and sales of $1,500. What will be its days in inventory?
- 36.5 days
- 24.3 days
- 73.0 days
- Not enough information
Which of the following assumptions regarding investor behavior are required by the CAPM?
I. Investors try to maximize their wealth
II. Investors consider only risk when making investments
III. Investors are risk averse
IV. Investors adopt a long-term perspective