To Be Categorized as a Customer,an Individual Must Have a History

question 33

Multiple Choice

To be categorized as a customer,an individual must have a history of shopping at the establishment at least twice prior to the start of the study with expenditures of more than $10.This is an example of a(n) _____.

• A) hypothetical construct
• B) conceptual scheme
• C) operational definition
• D) dictionary definition
• E) mediating variable

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Definitions:

Principal Balance

The original sum of money borrowed in a loan or the remaining balance of a loan excluding interest.

Times Interest Earned

A ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.

Net Income

The amount of money a company ultimately earns once it subtracts expenses and taxes from its gross revenue.

Interest Expense

Interest expense is the cost incurred by an entity for borrowed funds.