Notice of loss should be given to the insurer within __________ days of the event of the loss.

Answer(s): A

A firm has a higher asset turnover ratio than the industry average, which implies that

The firm has a higher P/E ratio than other firms in the industry
The firm is more likely to avoid insolvency in the short run than other firms in the industry
The firm is more profitable than other firms in the industry
The firm is utilizing assets more efficiently than other firms in the industry

Answer(s): D