Answer:
This policy would likely make Doomsville's recession worse.
Explanation:
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Answer:
It is observed that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.
There is enough evidence to conclude or deduce that sales were the same for all locations
Explanation:
Solution
Given that:
Object: Test whether the sales were the same for all locations by applying 1% significance level.
The Null Hypothesis H₀ : Sales were the same for all locations
E₁ = 70 +75 +70+ 50 + 35/5 = 60
The Alternative Hypothesis Hₐ : Sales were not the same for all locations
Now,
The decision rule:
the Level of Significance be α = 0.01
Degrees of freedom is df= Number of categories -1
=5-1 = 4
Note: Kindly find an attached copy of part of the work solution of this given question
Answer:Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%.
Explanation:
Answer:
The correct answer is option A
Explanation:
A receipt of cash indicates an increase in cash which is an asset. When an asset increases, it is represented by a debit to that asset's account and the asset side of the accounting equation is also debited. Thus, a receipt of $12000 cash from stockholders will be represented by a debit or an increase to the asset account for $12000.
The other side of the transaction would be a credit to the equity for $12000 because the stockholders are the owners of the company and any capital invested by the owners in the company is represented by a credit to the equity account as the capital is credited when it increases. Thus, the effect on accounting equation will be an increase in the equity of $12000.
Answer:
The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.
Explanation:
