It Is Recommended That the Factors Extracted Should Account for at Least

question 70

Multiple Choice

It is recommended that the factors extracted should account for at least ________ of the variance.

• A)50 %
• B)60%
• C)65%
• D)70%

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Definitions:

Company

An organized entity formed for the purpose of conducting business, wherein it can earn revenues, incur expenses, and operate with the aim of profit.

Inventory Turnover

A metric indicating the frequency at which a company's stock is sold and replenished within a specific timeframe.

Inventory Turnover

An indicator revealing the number of times a company's inventory is turned over and restocked during a specific period, demonstrating how efficiently inventory is handled.

Current Ratio

A financial metric indicating a firm's capacity to settle short-term liabilities or debts coming due within a year.