Which of the Following Is an Ordinary, Non-Random Variable

question 56

Multiple Choice

Which of the following is an ordinary, non-random variable?

• A)the price of a stock in one year
• B)the actual price of a stock in one year
• C)the known expected price of a stock in one year
• D)both B and C are ordinary, non-random variables

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Operating Expenses

Costs associated with the day-to-day functions of a business, excluding production costs.

Gross Margin

Gross margin is a financial metric that measures the difference between revenue and the cost of goods sold (COGS), divided by revenue.

Accounts Receivable Turnover

A ratio that measures how effectively a company collects its receivables, calculated by dividing total net sales by the average accounts receivable.