If We Added a Cumulative Percentage Column to Table 2

question 42

Multiple Choice

$\begin{array}{|l|l|l|}\hline\text {TABLE 2.2 AGES OF }\\\text {RESPONDENTS }\\\hline \text { Class Intervals } & \text { Frequency } & \text { Percentages } \\\hline 18-23 & 5 & \\\hline 24-29 & 21 & \\\hline 30-40 & 10 & \\\hline \text { TOTAL } & 36 & \\\hline\end{array}$
If we added a cumulative percentage column to Table 2.2 and began our calculations with the 18-23 interval,the entry in the 30-40 interval would be

• A)10%.
• B)33.3%.
• C)37%.
• D)100%.

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Definitions:

Inventory

The total amount of goods and materials held by a company intended for sale or used in production.

Inventory Turnover

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

Inventory

Items held by a company for the purpose of sale or production, including raw materials, work-in-progress, and finished goods.

Ending Inventory

The total value of all merchandise or products that remain unsold at the end of an accounting period.