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28 December, 08:07

A firm has total assets of $310,100 and net fixed assets of $168,500. the average daily operating costs are $2,980. what is the value of the interval measure?

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  1. 28 December, 08:17
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    To calculate the value of the interval measure:

    Interval measure = (total assets - net fixed assets) / daily operating costs

    Total assets = $310,100

    Net fixed assets = $168,500

    Daily operating costs = $2,980

    Interval measure = ($310,100 - $168,500) / $2,980

    Interval measure = $141,600/$2,980

    Interval measure = 47.52 days
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