All of the Following Are Continuous Variables, Except

question 37

Multiple Choice

All of the following are continuous variables, except

• A) academic major.
• B) the speed of a runner.
• C) the weight of a watermelon.
• D) distance traveled.

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Definitions:

Liquid Assets

Assets that can be quickly converted into cash without significant loss of value, facilitating financial flexibility.

Plant and Equipment

Tangible long-term assets owned by a business, used in the production or supply of goods and services.

Goodwill

An intangible asset that arises when a business is acquired for more than its fair market value, reflecting factors like reputation, brand, and customer loyalty.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity and operational efficiency of the business.