In Its Industry Norms and Key Business Ratios, Dun

question 52

Multiple Choice

In its Industry Norms and Key Business Ratios, Dun & Bradstreet reported that Q₁, Q₂, and Q₃ for 2,037 gasoline service stations' sales to inventory ratios were 20.8, 33.4, and 53.8, respectively.From this we can conclude that ____________.

• A)68% of these service stations had sales to inventory ratios of 20.8 or less
• B)50% of these service stations had sales to inventory ratios of 33.4 or less
• C)50% of these service stations had sales to inventory ratios of 53.8 or more
• D)95% of these service stations had sales to inventory ratios of 33.4 or more
• E)99% of these service stations had sales to inventory ratios of 53.8 or more

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