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3 years ago

"if you change the units of one of the variables, the value of correlation will increase or decrease. "

1 answer:

7 0

That statement is False

If we change units in one of the variables the value increase, decrease, or stay the same
The value of the correlation is the result of the interractions of all the units in that variable, so changing onle one of the variables does not necessarily change the end result of the value.

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Tristan transfers property with a tax basis of $1,245 and a fair market value of $1,750 to a corporation in exchange for stock w

Bas_tet [7]

Answer: $1644

Explanation:

The corporation's tax basis will be the addition of the tax basis of Tristan and the gain that is recognized on the exchange by Tristan.

Gain realized = 1750 - 1245 = 505

Boot received = 399

The gain recognized on the exchange will the value that's lower between the gain realized which is $505 and the boot received which is $399. Therefore, gain recognized = $399.

The corporation's tax basis will then be:

= Tristan Tax basis + Gain recognized

= 1245 + 399

= 1644

6 0

3 years ago

Schneider Inc. had salaries payable of $61,600 and $90,000 at the end of 2017 and 2018, respectively. During 2018, Schneider rec

BARSIC [14]

Answer:

$593,000

Explanation:

Given data for Schneider Inc.

Salaries payable at the beginning of 2018 (end of 2017) = $61,600

Salary expense during the year (2018) = $621,400

Salary payable at end of year (2018) = $90,000

Salaries paid = ?

Let the salaries paid = S

Using the formula

Salaries payable at the beginning of 2018 + Salary expense during the year - Salaries paid = Salary payable at end of year

$61,600 + $621,400 - S = $90,000

S = $61,600 + $621,400 - $90,000

S = $593,000

Cash outflows for salaries in 2018 were $593,000.

5 0

3 years ago

Describe how a car be a need for one person and a want for another person

ser-zykov [4K]

Answer:

Explanation:

Some people need to drive to work in far places, and they can not afford to take public transportation every day. Others may be in High School and want a car to go to school, but they will be fine without having one.

5 0

4 years ago

Hitzu Co. sold a copier costing $4,500 with a two-year parts warranty to a customer on August 16, 2015, for $9,000 cash. Hitzu u

dedylja [7]

Answer:

1. How much warranty expense does the company report in 2015 for this copier?

$360

2. How much is the estimated warranty liability for this copier as of December 31, 2015?

$360

3. How much warranty expense does the company report in 2016 for this copier?

4. How much is the estimated warranty liability for this copier as of December 31, 2016?

$229

5a. Record the sale of a copier for $9,000 cash.

Dr Cash 9,000

Cr Sales revenue 9,000

5b. Record the cost of goods sold of $4,500.

Dr Cost of goods sold 4,500

Cr Inventory - merchandise 4,500

5c. Record the estimated warranty expense at 4% of the sales.

Dr Warranty expense 360

Cr Warranty liability 360

5d. Record the cost of $131 towards repair of copier on November 22, 2016.

Dr Warranty liability 131

Cr Inventory - repair parts 131

7 0

4 years ago

In a study on the effect of music on worker productivity, employees were told that a different genre of background music would b

melomori [17]

Answer:

Hawthorne effect

Explanation:

The Hawthorne effect refers to a reaction of the workers included in this experiment where their behavior will be modified (their productivity increased) simply because they know they are being observed. The study should be about how changes in the environment affect productivity, but what really affects productivity is the fact that the workers know they are being part of the study.

In the original Hawthorne experiments, if lighting was increased, productivity increased, but if lighting decreased, productivity also increased. So the changes in productivity had nothing to due with lightning conditions, but rather the fact that the workers were being part of an experiment.

6 0

3 years ago