Two Statements Are Given

question 115

Multiple Choice

Two statements are given. Identify the statement for which a ratio of the measurements is meaningful. State "Neither" or "Both" if appropriate.
-1 - The fertilized grass grew 2.9 inches in a week, and the unfertilized grass grew 1.8 inches in the same week.
2 - The single-stage model rocket went up 287 ft, and the two-stage model rocket went up 412 ft.

• A)The fertilized grass grew 2.9 inches in a week, and the unfertilized grass grew 1.8 inches in the same week.
• B)The single-stage model rocket went up 287 ft, and the two-stage model rocket went up 412 ft.
• C)Neither
• D)Both

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Definitions:

Exchange Rates

The worth of a currency when exchanged for another currency.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determined by the currency that influences sales prices for goods and services.

Exchange Differences

Gains or losses resulting from the conversion of foreign currency transactions into the functional currency of a business.

Equity

The value of an owner's interest in a property, calculated by subtracting liabilities from the value of an asset.