One of the Simplest Methods to Measure a Linear Cost

question 33

Multiple Choice

One of the simplest methods to measure a linear cost function from past data is the:

• A) visual- fit method
• B) least- squares regression method
• C) regression analysis method
• D) high- low method

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Definitions:

Total Assets Ratio

A financial metric comparing total assets to another key financial figure, often used to assess a company's size, efficiency, or leverage.

Accounts Payable

Money owed by a business to its suppliers or creditors for goods and services purchased on credit, typically due within a short-term period.

Net Working Capital Turnover

A ratio indicating how effectively a company generates sales for every unit of working capital used over a period.

Accounts Payable

The amount of money that a company owes to its creditors or suppliers for goods and services received but not yet paid for.