The Astrology Practiced by Those Who Cast Predictive Horoscopes Can

question 44

Multiple Choice

The astrology practiced by those who cast predictive horoscopes can be tested by

• A)asking astrologers if it works.
• B)asking astronomers if it works.
• C)counting how many times the predictions come true.
• D)comparing how often the predictions come true to what would be expected by pure chance.
• E)polling people to find out what percentage believe their horoscopes to be accurate.

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Definitions:

Net Realizable Value

The estimated selling price of inventory in the ordinary course of business minus any estimated costs necessary to make the sale, used in determining the value of ending inventory.

Inventories

The total amount of goods and materials held by a company for the purpose of resale or production.

Days In Inventory

A financial ratio indicating the average number of days the company takes to turn its inventory into sales.

Gross Profit

The difference between revenue generated from goods or services sold and the cost of those goods or services sold, not accounting for other operating expenses.