Deflorio Corporation's inventory at the end of Year 2 was $156,000 and its inventory at the end of Year 1 was $140,000.The company's total assets at the end of Year 2 were $1,416,000 and its total assets at the end of Year 1 were $1,390,000.Sales amounted to $1,320,000 in Year 2.The company's total asset turnover for Year 2 is closest to:

A) 0.94
B) 1.06
C) 5.38
D) 0.19

You don't have to worry about documenting your sources of information when you're writing a report or proposal in the workplace.

________ uses computerized short-term scheduling to overcome the disadvantages of rule-based systems by providing the user with interactive computing and graphical output.

$$\begin{array}{l}\begin{array}{lll}& \begin{array}{l}\text{ Estimated }\\ \text{ Overhead }\\ \text{ Cost }\end{array}& \text{ Expected Activity }\\ \text{ Activity 1 }& \$34,300& 1,400\\ \text{ Activity 2 }& \$20,520& 1,800\\ \text{ Activity 3 }& \$36,112& 1,600\end{array}\\ \text{ Actual activity for the current year was as follows: }\\ \begin{array}{ll}& \text{ Actual Activity }\\ \text{ Activity 1 }& 1,415\\ \text{ Activity 2 }& 1,805\\ \text{ Activity 3 }& 1,585\end{array}\end{array}$$ The amount of overhead applied for Activity 3 during the year was closest to

A) $36,107.00.
B) $30,026.50.
C) $36,112.00.
D) $35,773.45.

Under IFRS,research must be expensed but some development expenditures may be capitalized.To capitalize development expenditures,firms must demonstrate several factors that include all of the following except

A) technical feasibility.
B) length of time the intangible asset is expected to provide benefits.
C) ability to use or sell the asset.
D) how the intangible asset will generate probable future economic benefits.

When one or more writer can change the document text of a group member,what type of software tool is more likely being used?

A) Adobe Acrobat
B) PDF file
C) Spell check
D) Change tracking
E) Commenting

The holding-period return on a stock was 32%. Its beginning price was $25, and its cash dividend was $1.50. Its ending price must have been ________.

A) $28.50
B) $33.20
C) $31.50
D) $29.75