The answer cannot be determined from the information provided.
Answer: Option B.
<u>Explanation:</u>
A linear regression line has an equation in the form Y = a + bX, where X stands for the explanatory variable and Y is used to denote the dependent variable in the equation. The slope of the line is b, and a is the intercept (the value of y when x = 0).
A regression line (LSRL - Least Squares Regression Line) is a straight line that explains how a dependent variable y changes as an explanatory variable x changes. The line is a mathematical model used to predict the value of y for a given x. Regression requires that we have an explanatory and response variable.
Answer:
The correct option is D
Explanation:
Under the method of allowance, the uncollectible accounts receivable will be recorded in the same accounting period as the sale of an estimate of the bad debt expense. So, the collection of the account which was earlier written off, will not have any affect on the income in the period or year it is received or collected.
Newspaper distributors are not concerned because the second copy that is taken will be of less value to the customer or thief since they would contain the same information. Thus, acquiring more than one copy is not a loss of revenue to the distributors.
Answer:
$1,125,000
Explanation:
Given;
Gain from asset disposal = $225,000
Book value of asset disposed = $900,000
Therefore,
Amount of cash received from the sale = $900,000 + $225,000
= $1,125,000
This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000
Answer:
The answer is Checking account.
Explanation:
Traditionally, checking accounts are non interest bearing accounts that are primarily used for transactions and to pay expenses. Also the accounts allow cheques to be 7sed in the transactions as well.
However, there are special cases where checking accounts receive a small interest.
