Ordinary Arithmetic Operations Are Meaningful

question 40

Multiple Choice

Ordinary arithmetic operations are meaningful

• A) only with categorical data.
• B) only with quantitative data.
• C) either with quantitative or categorical data.
• D) with neither quantitative or categorical data.

---

Definitions:

Par Value

The face value of a bond or stock, as specified by the issuing company, which does not necessarily match the market value.

Dividends

Portions of a company's earnings distributed to shareholders, typically in cash or additional shares.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but instead reinvested in the business or used to pay off debt.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.