What Does the Formula Below Calculate

question 24

Multiple Choice

What does the formula below calculate?

Where true positive results are patients with a disease who test positive and false negatives are patie with a disease who test negative

• A)Clinical sensitivity
• B)Clinical specificity
• C)Accuracy
• D)Precision

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Definitions:

Current Liabilities

Debts or obligations that are due to be paid within one year or within the normal operating cycle of the business, whichever is longer.

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Rate of Return on Investment

A measure of the profitability and efficiency of an investment, calculated by dividing the investment's gain by its cost.

Owners' Equity

refers to the owner's interest in the assets of a business after all liabilities have been deducted.