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Makovka662 [10]
2 years ago
9

Workers at an automobile repair shop report that half of the automobiles they repair have a resale value below $8000. in this ex

ample, which measure of central tendency does the $8000 represent?
Business
1 answer:
andrey2020 [161]2 years ago
3 0

In the given example, the $8000 represents median of central tendency. The median is the number in the middle of a sorted, ascending or descending list of numbers, and it can be more descriptive of the data set than the average. It is the point above and below which half (50%) of the observed data falls, and thus represents the data's midpoint.

The median is the number in the middle of a sorted list of numbers. To find the median value in a series of numbers, sort the numbers in value order from lowest to highest or highest to lowest. The median can be used to approximate an average or mean, but it should not be confused with the actual mean.

To learn more about median, click here

brainly.com/question/28060453

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In a commercial bank's t-account, reserves and outstanding loans are recorded as?
Vsevolod [243]

In a commercial bank's t-account, reserves and outstanding loans are recorded as assets.

In economic accounting, "reserve" usually has a credit balance and may talk over with part of shareholders' fairness, a liability for envisioned claims, or contra-asset for uncollectible debts. A reserve can seem in any part of shareholders' fairness besides for contributed or simple proportion capital.

Reserves are a part of income or gain that has been allotted for a selected reason. Reserves are usually installed to shop for fixed property, pay bonuses, pay an anticipated prison settlement, pay for upkeep & protection and pay off debt.

Reserves – additionally called retained income – are portions of a commercial enterprise's profits that have been set aside to strengthen the enterprise's economic function.

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3 0
2 years ago
In the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level
Katarina [22]

If in the first year of your career you learn that to be promoted, you must demonstrate that you have the skills for the next level of jobs; The best way to demonstrate this is:<u> B. finishing projects.</u>

<h3>What is skills?</h3>

Skills can be defined as the abilities a person possess that enables them to finish or complete a task. A person with skills can tend to do well on a job based on the fact that they will have to make use of their skills  by ensuring that the assign task are done perfectly.

Finishing project is the best way to demonstrate that he has the required skills that is needed for him to move to the next level of the job based on the fact finishing a project successfully takes proper or adequate planning and actions.

Therefore the best way to demonstrate this is:<u> B. finishing projects.</u>

Learn more about skills here:brainly.com/question/1233807

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5 0
1 year ago
Infinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth
sesenic [268]

Answer:

a capital gain of $1,000.

Explanation:

Given,

The cost price of Equipment = $10,000

Useful life of the equipment = 10 years

Residual value = $0

Depreciation (Straight-line method) = Cost price/useful life

Depreciation (Straight-line method) = $10,000/10 = $1,000

Since, it is a straight line method, the depreciation will remain same each year. Therefore, at the end of the fifth year, the depreciation of equipment = $1,000 x 5 = $5,000

At the end of the fifth year,

The book value of the equipment= Equipment - Accumulate depreciation= $(10,000 - 5,000) = $5,000

If the company sales the equipment after the end of the fifth year,

there will be a capital gain.

Capital Gain of equipment = Sales price of equipment - book value of equipment

Capital Gain of equipment = $6,000 - 5,000 = $1,000. The journal entry will be -

Cash/Bank                              Debit       $6,000

Accumulated Depreciation   Debit       $5,000

Gain on sale of equipment                  Credit       $1,000

Equipment                                            Credit      $10,000

5 0
3 years ago
What is transactions amount​
Alina [70]
Do you got a picture or something
4 0
3 years ago
Read 2 more answers
Company A, a British manufacturer, wishes to borrow US dollars at a fixed rate of interest. Company B, a US multinational, wishe
Sever21 [200]

Answer:

Company b 11.0 % 7.o%

Explanation:

Is this ok

7 0
3 years ago
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