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Author Question: How many days are in a fiscal year accounting period that is not a leap year? (Read 183 times)

PhilipSeeMore

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Question 1

An owner invested $2 million in a restaurant. In the restaurant's first year of operation, it degenerated $300,000 in profits. What was the owner's ROI in the first year of this restaurant operation?
◦ 1.5%
◦ 6%
◦ 15%
◦ 60%

Question 2

How many days are in a fiscal year accounting period that is not a leap year?
◦ 360 days
◦ 365 days
◦ 12 (X) 30 days
◦ 13 (X) 28 days


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Marked as best answer by PhilipSeeMore on Aug 15, 2020

taylorsonier

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PhilipSeeMore

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Reply 2 on: Aug 15, 2020
Great answer, keep it coming :)


recede

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Reply 3 on: Yesterday
Wow, this really help

 

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