The Average Daily Rate ratio, often used by outsiders as an evaluation of how much revenue is earned each day, is usually calculated on the basis of how many days?
A. 365 days
B. 30 days
C. Number of days a child care facility is open
D. 360 days
A.
Does your book say it's on 365 days?
I meant D
To determine the Average Daily Rate ratio, calculations are usually based on a specific period of time. The most common period of time used is a year, which consists of 365 days.
So, the answer would be A. 365 days.