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34kurt
3 years ago
7

4. With many other options available, customers no longer let their money sit in a checking account. For many years the mean che

cking balance has been $3,500. Does the sample data indicate that the mean account balance has declined from this value?
Business
1 answer:
Artyom0805 [142]3 years ago
7 0

Answer:

The answer is "No."

Explanation:

The anwer is "No" is because the amount $3,500.00 is a mean in the checking balance taken for many years.  

Consequently, the mean checking balance for customers over the years have remained stable notwithstanding other available potion for withdrawal such as using Automated Teller Machine (ATM) cards for customers.

You might be interested in
In an appraisal interview, the rating manager should never ________. take any responsibility for an employee's performance assis
Sindrei [870]

Answer:

The correct answer is letter "C": refuse to take some responsibility for an employee's performance if the supervisor neglected to provide regular performance feedback.

Explanation:

Performance appraisals are evaluations managers make of employees to find out if they are meeting the expectations of their duties. These tests aim to measure the efficiency of employees in their day-to-day activities at work, The appraisals have a standard method of rating workers according to their tasks and position in the firm and based on that standard feedback is provided.

<em>Supervisors are in charge of giving workers immediate suggestions on how workers could improve their operations but if they have not done that resulting in poor performance of an employee, the managers conducting the tests must accept part of the responsibility for that to happen relies on the managers.</em>

8 0
3 years ago
This is a text message that is stored on a user's computer by a Web server that helps trace the user's browsing habits.a) Script
Alisiya [41]

Answer:

b) Cookie

Explanation:

Cookie refers to small information stored by web server in the computer whether for temporary purpose or for permanent in the hardware, it creates the preference based on information stored.

That is whenever the information is stored by the web server which helps in tracing the preference, of the user in future for any activity, is known as cookie.

Thus, correct option is

b) Cookie

4 0
3 years ago
Peach Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 40,000 units dur
Advocard [28]

Answer:

D. $28.50

Explanation:

Peach Equivalent-unit cost = Total Cost / Units

Peach Equivalent-unit cost = ($966000 + $231000) / (40000 units + (10000 units*20% completion))

Peach Equivalent-unit cost = $1197000 / (40000 units + 2000 units)

Peach Equivalent-unit cost = $1197000 / 42000 units

Peach Equivalent-unit cost = $28.50

5 0
3 years ago
Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.
MissTica

Answer:

1. B. 3.14

2. C. 1.12

Explanation:

1. Times Interest Earned ratio

Measures how well a company is able to cover it's debt obligations using it's earnings.

The formula is simply,

= Earning before Interest and Tax / Interest Expense

Therefore,

Times Interest Earned ratio = 116/37

= 3.14

HHF's times interest earned ratio is Option B, 3.14.

2. Debt to Equity Ratio

This ratio compares the debt used to fund a company vs it's equity. It measures how much of either way used to fund the company.

The formula is,

= Total Debt / Total Equity

= 540/484

= 1.12

HHF's Debt to Equity ratio is 1.12, Option C.

4 0
3 years ago
For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $1,200 for six months of insurance c
kenny6666 [7]

Answer:

Explanation:

The adjusting entries are shown below:

1. Insurance expense A/c Dr $1,200

         To Prepaid insurance A/c             $1,200

(Being prepaid insurance is adjusted)

2. Supplies expense A/c Dr $6,200

        To supplies A/c                             $6,200

(Being supplies adjusted)

The supplies at the end of the year is computed below:

= Supplies account balance + purchase of supplies - available  supplies

= $5,000 + $2,000 - $800

= $6,200

5 0
3 years ago
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