Total Operating Expenses / Net Sales = ____________

question 6

Multiple Choice

Total Operating Expenses / Net Sales = ____________

• A) Current ratio
• B) Operating-expense ratio
• C) Acid-test ratio
• D) Debt / Asset ratio

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Definitions:

True Zero Point

In measurement scales, a true zero point indicates the absence of the quantity being measured, allowing for ratios to be meaningfully calculated.

Interval Level Variables

Interval level variables are a type of quantitative data where the intervals between values are meaningful, but the data lack a true zero point, allowing for the measurement of difference but not ratio.

Ratio Level Variables

Variables that have a true zero point and can be compared in terms of multiples.

Categorical

Pertaining to data or variables that represent categories, qualities, or characteristics without inherent numerical value.