Use This Balance Sheet and Income Statement to Answer the Following

question 1

Multiple Choice

Use this balance sheet and income statement to answer the following question. Use ending balances whenever average balances are required for computing ratios. The profit margin for Abner Systems is

• A) 60 percent.
• B) 25 percent.
• C) 20 percent.
• D) 12 percent.

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Definitions:

Test-Retest

To determine the reliability of a measure by testing and retesting it under the same conditions. If the measure is reliable, it will produce similar results each time.

Inter-Item Reliability

A measure of whether the individual questions in a question set are consistent in their results. See also internal reliability.

Semantic Differential-Format

A type of survey question format that uses a scale allowing respondents to rate an object, concept, or event within the range of two bipolar adjectives.

Discrete Variables

Variables that assume a countable number of separate values, often representing categories or distinct groups.