What Is the Correct Ranking of Data from Weakest or Lowest

question 69

Multiple Choice

What is the correct ranking of data from weakest or lowest level to strongest or highest level?

• A)nominal,ordinal,interval and ratio
• B)ordinal,nominal,interval and ratio
• C)interval,nominal,ratio and ordinal
• D)nominal,interval,ordinal,and ratio

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Definitions:

Inventory Turnover

This is a ratio showing how many times a company's inventory is sold and replaced over a period, usually a year, indicating the efficiency of inventory management.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Interest-Burden Ratio

A financial metric that shows how much of a company's income is consumed by interest expenses.