A Company Has Net Income of $130,500

question 36

True/False

A company has net income of $130,500.Its net sales were $1,740,000 and its average total assets were $2,750,000.Its total asset turnover is equal to 4.7%.

---

Definitions:

Class Interval

The range of values into which data are grouped for frequency distribution purposes, often used in histograms.

Histogram

A graphical representation of data using bars of different heights to show the frequency of data in successive intervals.

Frequency Polygon

A graphical representation of the distribution of a dataset that shows how often each value occurs, connecting the middle of each interval.

Histogram

A graphical representation of the distribution of numerical data, often displaying the frequency of data points within specified intervals.