Average operating assets are calculated by adding the beginning balance of operating assets from Period 1 to the ending balance of operating assets from Period 1 and multiplying by two.

Question

Quizplus · Accepted Answer

Average operating assets are calculated by adding the beginning balance of operating assets from Period 1 to the ending balance of operating assets from Period 2 and dividing by 2 (not multiplying by 2).

Average Operating Assets Are Calculated by Adding the Beginning Balance