An Auto Parts Chain Asked Customers to Complete a Survey

question 81

Multiple Choice

An auto parts chain asked customers to complete a survey rating the chain's customer service as average, above average, or below average. The following table shows the results from the survey. (See the Excel Data File.) A rating of Average or Above Average accounted for what number of responses to the survey?

• A) 3
• B) 7
• C) 8
• D) 10

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Definitions:

Investment Balance

The amount currently held in investment accounts, reflecting gains, losses, and contributions to date.

Consolidations

The process of combining multiple financial statements or businesses into one comprehensive financial report or corporate entity, typically to provide a more unified view of financial performance or corporate structure.

Goodwill Impairment

The decrease in the value of goodwill on a company's balance sheet when the carrying amount exceeds the fair value.

Private Companies

Businesses whose ownership is private, meaning their shares are not traded on public stock exchanges, and often their financial information is not disclosed to the public.