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Dmitry [639]
3 years ago
7

Francis, a psychologist, has developed a new test to measure the verbal ability of third graders. to determine the range of scor

es (and what is a good and bad score), he gives the test to 10,000 third graders. in future, he will compare the performance of others to this reference group. this process of determining meaningful scores involves establishing
Business
1 answer:
Gekata [30.6K]3 years ago
3 0
This process in which the performance of one group will be compared to one reference group (in this case the scored of <span>the test of 10,000 third graders).</span> of determining meaningful scores involves establishing norms. Norms are standards for comparison used as a reference point.
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Jeff Goldblum has just purchased a security which has no maturity date and no promised dividend payments. He can recoup his inve
larisa [96]

Answer: Common stock

Explanation: In simple words, these are the securities which represent ownership in an organisation. The common stocks has no maturity date as it is the ownership right and will remain until the liquidation of the company.

       The dividends to common stockholders are not fixed and depends on the profit that the company made in the year. They are paid dividends after debt holders.

They can sell their shares to other participants through securities markets like stock exchanges etc.

Hence from the above we can conclude that Jeff has purchased common stock.

4 0
3 years ago
John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2018, John worked as a comp
balandron [24]

Answer:

Explanation:

The diagram and step by step solution to the answer can be seen in the attached image below

KINDLY NOTE: Self Employment tax (<u><em>which can be said to be a Medicare tax and Social Security paid by self-employed individuals. It is quite similar to the FICA and usually, they are withheld from an employee’s paycheck Medicare taxes and Social Security purposes.)</em></u> is not applicable to both and the AMT is less then the actual normal tax liability so AMT provision also not applicable.

4 0
3 years ago
in its first month of operations, Waterway Industries made three purchases of merchandise in the following sequence: (1) 370 uni
Marta_Voda [28]

Answer:

                             FIFO:            LIFO:

Ending Inventory: 1, 890           1,080

COGS                    6,400           7,210

Explanation:

     (1)  370 units at $4 =  1,480

     (2) 470 units at $6 = 2,820

     (3) 570 units at $7 =<u> 3,990  </u>

<em>Total:</em> 1,410 units <em>Cost: </em>  8,290

FIFO:

The first units are sold while the last are part of ending inventory:

The 270 units of ending inventory will be frm the third purchase.

270 x $7 = 1,890

The COGS will be the difference between the cost of goods available and ending inventory: 8,290 - 1,890 = 6,400

LIFO:

The last units are sold while the first are part of ending inventory

The 270 units of EI will be taken from the first row

270 units x $4 = 1,080

COGS: 8,290 - 1,080 = 7,210

7 0
4 years ago
What is 30% of 3/5​
Setler79 [48]

Answer: Solution for What is 30 percent of 3/5

30 percent *3.50 =

(30:100)*3.50 =

(30*3.50):100 =

105:100 = 1.05

Now we have: 30 percent of 3.50 = 1.05

Question: What is 30 percent of 3.50?

Percentage solution with steps:

Step 1: Our output value is 3.50.

Step 2: We represent the unknown value with $x$x​.

Step 3: From step 1 above,$3.50=100\%$3.50=100%​.

Step 4: Similarly, $x=30\%$x=30%​.

Step 5: This results in a pair of simple equations:

$3.50=100\%(1)$3.50=100%(1)​.

$x=30\%(2)$x=30%(2)​.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{3.50}{x}=\frac{100\%}{30\%}$

3.50

x​=

100%

30%​​

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{3.50}=\frac{30}{100}$

x

3.50​=

30

100​​

$\Rightarrow x=1.05$⇒x=1.05​

Therefore, $30\%$30%​ of $3.50$3.50​ is $1.05$

Explanation:

7 0
3 years ago
Read 2 more answers
Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those
Dmitry [639]

Answer:

law of comparative advantage.

Explanation:

Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those items for which it is a low-opportunity cost producer and trades for those things that it could produce only at a high cost. This statement best describes the law of comparative advantage.

Comparative advantage can be defined as ability of a country or business entity to produce goods and services at a lower opportunity cost than others such as their trade partners. Hence, the most important benefit of the comparative advantage is that, it gives a country or business entity the ability to sell their finished goods and services at a lower price in comparison with its close competitors and consequently, resulting in a stronger sales margins.

4 0
3 years ago
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