The Table Summarizes the Mean and the Standard Deviation of the Supplier

question 118

Multiple Choice

The table summarizes the mean and the standard deviation of the supplier cost per liter of natural gas sold in four countries over the last 20 months.Using the coefficient of variation to measure cost volatility, rank order the countries from highest to lowest volatility.

• A)B, A, D, C
• B)D, A, B, C
• C)A, B, C, D
• D)B, C, A, D
• E)B, C, D, A

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Definitions:

Assets

Resources owned by a company that have economic value and can provide future benefits.

Future Benefits

The projected economic advantages to be received from an investment, often used in evaluating the potential return from capital projects or investments.

Net Income

The amount of earnings remaining after all expenses, including taxes and costs, have been subtracted from total revenue.

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period, before any deductions.