What Scale of Measurement Is the Style of a Home

question 8

Multiple Choice

What scale of measurement is the style of a home (colonial, split level, ranch etc) ?

• A) Nominal
• B) Interval
• C) Quantitative
• D) Ordinal
• E) Numerical

---

Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.

Debt to Assets Ratio

A financial ratio that measures the percentage of a company's assets that are financed by debt, used to gauge a company's financial leverage.

Total Assets

The aggregate of all resources owned by a company, valued in monetary terms.

Creditors

Individuals or institutions to which money is owed by a person or entity.