A multiple choice quiz has two questions , each with five answer choices. Only one choice is correct. Find the probability of answering two questions correctly, . Show work

1/25 to get both correct

Step-by-step explanation:

So the probability of getting one choice correct is 1/5

Since 5 choices 1 is correct

now we have to get 2 in a row correct so

1/5*1/5=1/25

Account Receivable Days : 14.16 days

Fixed Asset Turnover : 0.48 times

Total Asset Turnover : 0.27 times

Inventory Turnover : 3.98 times

Step-by-step explanation:

1) Account Receivable days is calculated as : (Account Receivable/Revenue) * Number of days in a year. Hence the answer is calculated as = (52000/134

0000) * 365 = 14.16.

2) Fixed Assets Turnover is calculated as : Net Sales/Fixed Assets. Hence the answer is calculated as 1340000/2790000 = 0.48.

3) Total Asset turnover is calculated as : Nets Sales/Total Assets. Hence the answer is = 1340000/4990000 = 0.28.

4) Inventory Turnover is calculated as : COGS/Average Inventory. Hence the answer is = 601000/151000 = 3.98.