Read the Z Statistic from the Normal Distribution Table and Circle

question 96

Multiple Choice

Read the Z statistic from the normal distribution table and circle the correct answer. A one-tailed test (upper tail) at 87.7% confidence; Z =

• A)1.54
• B)1.96
• C)1.645
• D)1.16

---

Definitions:

Days' Sales

A financial metric that compares a company's average receivables to its average daily sales, indicating how fast the company collects payments from customers.

Inventory

The total quantity of goods and materials a business holds for the purpose of resale or production.

Cost of Goods Sold

The total cost of manufacturing or purchasing the products a company has sold during a specific period.

Return Ratio

A measure of the profitability or effectiveness of an investment, calculating how much returns are gained relative to the investment's cost.