Quantitative Data Is to Numerical Data as Qualitative Data Is

question 38

Multiple Choice

Quantitative data is to numerical data as qualitative data is to

• A)Rated data.
• B)Raw data.
• C)Statistical data.
• D)Non-statistical data.

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Definitions:

Cost of Borrowing

The total charges, including interest and any other fees, that a borrower pays to secure and use borrowed money.

Acid-Test Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Working Capital

Current assets less current liabilities.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.