Solve the Problem. -In a Survey of 415 Computer Buyers, 185 Put Price

question 53

Multiple Choice

Solve the problem.
-In a survey of 415 computer buyers, 185 put price as a main consideration, 236 put performance as a main consideration, and 57 listed both price and performance. How many computer buyers listed other
Considerations? How many looked only for performance?

• A) 51; 236
• B) 128; 179
• C) 51; 179
• D) 108; 236

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Definitions:

Acid-Test Ratio

A stringent indicator of a company's short-term liquidity, calculated by dividing liquid assets by current liabilities.

Times Interest Earned

This is a financial ratio that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes.

Gross Margin Percentage

A financial metric that indicates the proportion of money left over from revenues after deducting the cost of goods sold, expressed as a percentage of total revenue.

Earnings Per Share

A measurement of a company's profitability, calculated by dividing net income by the number of outstanding shares of its common stock.