You should only use the mean when your data are…

a. nominal, ordinal, interval or ratio
b. ordinal, interval or ratio
c. interval or ratio
d. ratio only


c. interval or ratio

Business

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Hsu Company reported the following on its income statement: Income before income taxes $420,000 Income tax expense 120,000 Net income $300,000 Interest expense was $80,000 . Hsu Company's times interest earned is

a. 8 times b. 6.25 times c. 5.25 times d. 5 times

Business

Some companies may have restrictions on distribution methods based on what?

A) Cost B) Location C) Convenience D) Time E) Security and privacy

Business

Compute the acid-test ratio for 2018. (Round your answer to two decimal places)

The financial statements for Silver Service Company include the following items:

A) 0.92
B) 0.81
C) 0.93
D) 0.66

Business

Which of these was part of the First Media Age?

a. books b. hieroglyphics c. radio d. the printing press

Business