(9) It is assumed that the total prepaid capital of an enterprise is 6 million yuan, including 4.5 million yuan of fixed capital and 1.5 million yuan of circulating capital. In the fixed capital, the value of the plant is 1 million yuan, which can be used for 20 years: The machinery and equipment is 3 million yuan and can be used for 10 years; Various gadgets are worth 50,0000 yuan and can be used for 5 years. The circulating capital turns over every two months. Q: The total turnover speed of the enterprise's prepaid capital. A 1.575 times/year B 9.45 times/year C 0.5 times/year D 6 times/year

(9) It is assumed that the total prepaid capital of an enterprise is 6 million yuan, including 4.5 million yuan of fixed capital and 1.5 million yuan of circulating capital. In the fixed capital, the value of the plant is 1 million yuan, which can be used for 20 years: The machinery and equipment is 3 million yuan and can be used for 10 years; Various gadgets are worth 50,0000 yuan and can be used for 5 years. The circulating capital turns over every two months. Q: The total turnover speed of the enterprise's prepaid capital. A 1.575 times/year B 9.45 times/year C 0.5 times/year D 6 times/year

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter12: Capital Budgeting: Decision Criteria

Section: Chapter Questions

Problem 15P: The Pinkerton Publishing Company is considering two mutually exclusive expansion plans. Plan A calls...

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