Provide an Appropriate Response

question 55

Essay

Provide an appropriate response.
-Suppose that you construct a frequency histogram and a relative frequency histogram
corresponding to a particular frequency table. In what ways will the two histograms be
similar? In what ways will they differ?

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Definitions:

Sales

The activities involved in selling products or services, or the total amount of goods or services sold.

Times-Interest-Earned Ratio

A fiscal indicator that evaluates a firm's capacity to satisfy its debt commitments utilizing its present income.

Operating Costs

Expenditures that are necessary for the day-to-day operations of a business, including costs related to manufacturing, sales, and administration.

Interest Charges

Interest charges are the costs incurred by an entity for borrowing money, quantified as a percentage of the principal loan amount.