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3 years ago

Modern iq tests have a mean of and a standard deviation of .

Business

1 answer:

matrenka [14]3 years ago

7 0

Modern iq tests have a mean of 100 and a standard deviation of 15.

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I now have $23,000 in the bank earning interest of .50% per month. I need $33,000 to make a down payment on a house. I can save

Elena-2011 [213]

Answer:

41.92 months

Explanation:

In this question, we use the NPER formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $23,000

Future value = $33,000

Rate of interest = 0.50%

PMT = $100

The formula is shown below:

= NPER(Rate;-PMT;-PV;FV;type)

The present value and the PMT comes in negative

So, after solving this, the answer would be 41.92 months

8 0

3 years ago

A partner can be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that

Tju [1.3M]

A partner <u>cannot</u> be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that gave rise to the obligation.

<h3>What is partnership?</h3>

Partnership arrangements come in many different forms. One type of business where partners may have minimal liability is a partnership where all participants share profits and liabilities equally. Additionally, there is the so-called "silent partner," when one party does not participate in the day-to-day management of the company.

An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership.
All partners in a general partnership corporation split the company's assets and debts equally.
Lawyers and other professionals frequently create limited liability partnerships.

A partnership may have tax advantages over a corporation.

To learn more about partnership from the given link:

brainly.com/question/22848646

#SPJ4

8 0

2 years ago

The demand for one of X Company’s products has declined in recent years. The product is manufactured using designated equipment

Scrat [10]

Answer: $230,000

Explanation:

In our case,

Undiscounted future cash inflows from the sale of the product = $ 600,000 and

Carrying value of the asset = $ 720,000.

We can come to a conclusion that the benefit we get from the sale of the asset is less that carrying value.

Hence, the asset is said to be impaired.

Therefore,

Impairment Loss = Carrying value - Fair value of the asset

= 720,000 - 490,000

= $230,000.

6 0

3 years ago

Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.

Alex777 [14]

Answer:

Find the answers in the excel file attached.

Explanation:

The impact of the accounting equation has been shown as well.

Download xlsx

6 0

3 years ago

Case Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, an

kvv77 [185]

Answer:

Raw Material (Dr.) $4,900

Accounts Payable (Cr.) $4,900

Factory Labor wages (Dr.) $1,400

Cash (Cr.) $1,400

Additional Overheads (Dr.) $1,300

Accumulated Depreciation (Cr.) $800

Accounts Payable (Cr.) $500

Explanation:

Work in process inventory (Dr.) $5,750

Manufacturing Overhead (Cr.) $5,750

Finished Goods Inventory (Dr.) $20,600

Work in process inventory (Cr.) $20,600

6 0

3 years ago

Modern iq tests have a mean of ____ and a standard deviation of ____.​

Modern iq tests have a mean of and a standard deviation of .