A nominal scale can only involve the assignment of numbers; alphabets or symbols cannot be assigned
Indicate whether the statement is true or false
FALSE
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The cost of goods sold for a company for the year was $1,900,000 . Merchandise inventory at the beginning of the year was $125,000 and merchandise inventory at the end of the year was $133,000 . The merchandise inventory turnover for the year was
a. 0.1. b. 14.7. c. 33.8. d. 65.5.
Jon Winek started the year with a capital balance of $135,000. During the year, his share of partnership net income was $120,000 and he withdrew $22,500 from the partnership for personal use. He made an additional capital contribution of $37,500 during the year. The amount of Jon Winek’s capital balance that will be reported on the year-end balance sheet will be
a. $120,000.
b. $292,500.
c. $225,000.
d. $270,000.
Which of the following advertising slogans most likely represents a two-sided argument?
A) Breakfast of champions B) Good to the last drop C) A diamond is forever D) The ultimate driving machine E) The next big thing is already here
By adapting its products to fit a more culturally diverse group of consumers, Hallmark Cards, Inc has demonstrated the need to analyze its audience
Indicate whether the statement is true or false