Answer:
A) discrete random variable.
Explanation:
Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.
On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.
A complex random variable is a combination of two real random variables that have rel and imaginary parts.
The projected cash disbursements for Whetzel Corporation for November is $1,090,000. This is calculated as follows: the beginning cash balance of $50,000 will be increased for the November cash collections of $1,000,000 and the cash borrowed of $70,000 (a cash inflow). This amount of total cash inflows would then be reduced by the total disbursements to get to the ending balance of $30,000. By subtracting the $30,000 ending balance from the above number we will get the total disbursements. See below:
$50,000+$1,000,000+$70,000=$1,120,000
$1,120,000-$30,000=$1,090,000
Check:
$50,000+$1,000,000+$70,000-$1,090,000=$30,000 (agrees to ending balance)
Answer:
The correct answer is letter "A": is an internal document that helps summarize data for the preparation of financial statements.
Explanation:
In Accounting, worksheets are reports created at the end of a period to include all accounts' balances, adjustments, and adjustments' balances in financial orders. This is a summary of all the transactions of the accounting period that enables companies to prepare their Financial Statements. The worksheet represents the draft of the <em>Trial Balance</em>.
Answer:
Jan 7
Dr Cost of Good Sold 7,860
Cr Inventory 7,860
(to record the cost of good sold)
Dr Account Receivable 13,100
Cr Revenue 13,100
( to record revenue and receivable owed from Stewart)
Jan 13
Dr Sales Returns 2,620
Cr Account Receivable 2,620
(to record sales return from Stewart)
Dr Inventory 2,620
Cr Cost of good sold 2,620
(to record inventory returns and decrease in cost of good sold due to sales return from Stewart)
Jan 18
Dr Cash 10,480
Cr Account Receivable 10,480
( to record full collection from Stewart after 11 days)
* further working note on Jan 18 transaction: As Stewart had return $2,620 sales; the Receivable from Stewart is just $10,480 ( 13,100 - 2,620). Also, the term of receivable is 5/10, n/30; the repayment after 10 days received from Steward is not eligible for discount.
Explanation:
