When data are organized into levels, the highest data level is:

A) interval level data.
B) nominal level data.
C) ordinal level data.
D) ratio level data.

D

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________ variables are variables that are manipulated by the researcher and whose effects are measured and compared

A) Dependent B) Interdependent C) Extraneous D) Independent E) Test unit

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Using the information provided, what is the accounts payable turnover for the firm?

Perfect Purchase Electronics Selected Income Statement Items, 2014 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Perfect Purchase Electronics Selected Balance Sheet Accounts 12/31/2014 12/31/2013 Change Accounts Receivable $270,000 $240,000 $30,000 Inventory $125,000 $100,000 $25,000 Accounts Payable $110,000 $90,000 $20,000 A) 15 times B) 60 times C) 75 times D) 90 times

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