Which Level(s)of Measurement Can Be Used for "Determining Ratios

question 14

Multiple Choice

Which level(s) of measurement can be used for "determining ratios"?

• A)ratio only
• B)interval and ratio
• C)ordinal,interval,and ratio
• D)all four levels: nominal,ordinal,interval,and ratio

---

Definitions:

Operating Results

The financial outcomes of a company's operations, often presented as net income or loss, which represent the profitability from regular business activities.

Income Statement

A financial statement that shows a company's revenues and expenses, leading to its net profit or loss over a specific period.

Net Operating Income

The total profit of a company after operating expenses have been subtracted from total revenue, but before deducting taxes and interest.

Traceable Fixed Expenses

Fixed costs that can be directly linked to a specific product, department, or segment of a business.