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never [62]
3 years ago
14

In the context of measures of central tendency, the mode of a distribution of scores refers to the

Business
1 answer:
Arlecino [84]3 years ago
6 0
The mode depends upon the one with the highest frequency
You might be interested in
When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o
andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.

Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>

7 0
3 years ago
Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its
VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

4 0
2 years ago
In her spare time, Sharon is the chair for a local nonprofit organization. The project committee is attempting to determine what
maxonik [38]

Answer: (D) Competing

Explanation:

 According to the given question, Sharon is one of the chair-person of a local non-profit organization and usually in her free time she selected the various types of ideas, thoughts and then forced her ideas on the other organizational members.

So, on the basis of the given concept she is using the competing approach to conflict as this type of approach is typically used for making quick decisions for the purpose of resolving various types of problems or issue is an organization. This is also known as the conflicting management style.  

Therefore, Option (D) is correct answer.

3 0
3 years ago
Net income $ 15,500 Cash dividends paid to stockholders 3,600 Cash proceeds from sale of land 3,800 Cash proceeds from bank loan
lozanna [386]

Answer: 3500

Explanation:

The company would report net cash provided by (used in) financing activities based on the following:

Cash proceeds from bank loan 9,800

Less: Cash dividends paid to stockholders 3,600

Less: Cash payment (principal) on bank loan 2,700

Cash flow on financing activity will now be:

= (9800 - 3600 - 2700)

= 9800 - 6300

= 3500

Therefore, the The company would report net cash provided by (used in) financing activities of 3500

5 0
3 years ago
Olivia Village was recently incorporated and began financial operations on July 1, 20X2, the beginning of its fiscal year. The f
sergey [27]

Answer:

Olivia Village

Journal Entries:

July 1, 20X2 to June 30, 20X3:

1. No journal entry required.

2. Debit Property Taxes Receivable $390,000

   Credit Property Tax Revenue $390,000

To record the levying of property taxes

Debit Uncollectible taxes expense $7,800

Credit Uncollectible tax expense $7,800

To record the estimated uncollectible of 2%.

3. Debit Marketable Securities $50,000

   Credit Restricted Trust Fund Donations $50,000

To record the donation of marketable securities.

Debit Restricted Trust Fund $5,500

Credit Marketable Securities Revenue $5,500

To record the revenue earned on marketable securities.

4. Debit Internal Service Fund $5,000

Credit General Fund $5,000

To record the transfer of funds.

5. Debit Special Assessment Fund $72,000

Credit Special Assessment Bonds $72,000

To record the issue of bonds for special assessment project.

Debit Special Assessment Receivable $24,000

Credit Special Assessment Levy $24,000

To record the special assessment levied

6. Special Assessment Fund $27,000

Credit Special Assessment Receivable $24,000

Credit General Fund $3,000

To record the collection of the first year's special assessment and transfer from General Fund.

7. Debit Capital Projects Fund $75,000

Credit Contractor Payable $75,000

To record the letting of the contract for lighting.

June 30, 20X3:

Debit Contractor Payable $75,000

Credit Capital Projects Fund $75,000

To record the payment of the contractor for the project.

8. Debit Supplies $1,900

Credit Internal Service Fund $1,900

To record the purchase of various supplies.

9. Debit General Fund $393,000

Credit Property taxes Receivable $386,000

Credit Licenses and permit fees $7,000

To record cash collections for general fund

Debit Allowance for Uncollectible taxes $3,800

Credit Uncollectible Expenses $3,800

To adjust the allowance for uncollectible taxes to $4,000 balance.

10. Debit General Fund $500,000

Credit Bonds Payable $500,000

To record the issue of 6%, 20-year bonds payable.

11. Debit Fire Truck $15,000

Credit General Fund $15,000

To record the payment for the purchase of a fire truck.

Explanation:

Olivia Village can use the general journal to initially record transactions that occur during the year.  The journal shows the accounts to be debited and the accounts to be credited.

3 0
3 years ago
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