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The AVG Function Only Includes Non-NULL Values in Its Calculations

question 24

True/False

The AVG function only includes non-NULL values in its calculations._________________________​


Definitions:

Debt-to-equity Ratio

A financial benchmark indicating the proportional use of debt and equity in the financing strategy for a company's assets.

Times Interest Earned Ratio

A financial metric assessing a company's ability to meet its interest obligations from operating earnings.

Inventory Turnover

A measure of how quickly a company sells its stock of goods in a period, calculated by dividing the cost of goods sold by the average inventory level.

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets that are financed by shareholders' equity.

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