In financial statement analysis, ratios are:
a. the only type of analysis where industry data are available.
b. absolute numbers converted to a common base.
c. fractions usually expressed in percent or times.
d. the only indication of the financial position of the firm.
e. None of the answers are correct.
C
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Which of the following openings is most appropriate for a straightforward claim letter?
A) ?You have sold me jewelry for three years, and you have never failed to deliver nice merchandise in the past. B) ?On April 2 I opened your delivery containing the chain (Item No. 544558-15454 ) I ordered on March 1. C) ?Please replace this damaged 18-inch sterling silver herringbone chain received as part of Order No. 248-21. D) ?I am very upset with the broken 18-inch sterling silver herringbone chain in your recent shipment because I had no necklace to wear to my son's wedding!
If a third party observes a fraud:
a. they cannot sue b. they can sue c. they can sue, but not recover any damages d. they can sue on the behalf of the injured party if they split the damage award with the injured party e. they can sue in some states, but not others
The normal distribution is a:
a. discrete distribution with two parameters b. binomial distribution with only one parameter c. density function of a discrete random variable d. continuous distribution with two parameters
If you have a distribution of 50 scores, and you want 10 intervals, what should be the size of your class interval?
a.50 b.25 c.10 d.5