Tables Are One Way to Show a Picture of Data

question 24

Multiple Choice

Tables are one way to show a picture of data in columns and row that can easily be understood. All of following are examples of labels included in a table EXCEPT:

• A) data elements.
• B) data aggregation.
• C) data disaggregation.
• D) qualitative data.

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Definitions:

Gross Margin Percentage

The proportion of sales revenue remaining after deducting cost of goods sold, expressed as a percentage of sales revenue.

Net Operating Income

Income before interest and income taxes have been deducted.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including labor and materials.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the business.