If the Frequency Distribution Forms a "Normal" or Bell-Shaped Curve,the

question 7

True/False

If the frequency distribution forms a "normal" or bell-shaped curve,the three measures of central tendency equal each other.If the distribution is a deviant distribution (i.e. ,more cases are in the upper or lower scores),then the three will not be equal.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Sales on Account

Transactions in which revenue is accounted for at the time of sale, but payment is deferred to a later date.

Operating Cycle

The period between the acquisition of inventory and the collection of cash from receivables, indicating the efficiency of a company's operations.

Times Interest Earned

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