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4 years ago

Which of the following are true?

Business

1 answer:

igor_vitrenko [27]4 years ago

4 0

Answer:

A. The data in D3 is skewed right.

B. Three quarters of the data values for D2 are greater than the median value for D1 .

E. At least a quarter of the data values for D3 are less than the median value for D2 .

Explanation:

A Box Plot can be interpreted as follows;

The first point on the line is the minimum value.

The first end of the box is the First Quartile of the data range.

The next line is the Median.

The last end of the box is the Third Quartile.

The last point on the line is the maximum value.

Most of D3 lies on the right side of Median so it is skewed right.

The First Quartile of D2 is more than the Median of D1 which means that 3 quarters of D2 (first quartile to the maximum value) are greater than the median of D1.

D2's Median value is greater than the Third Quartile of D3 which means that more than just a quarter of D3 falls below D2's Median so option E is correct.

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Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co

White raven [17]

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given: MPC = 0.80

Disposible income increases by $1,000

consumption increase = 0.80*$1000

= $800

Therefore, The consumption will increase by $800.

7 0

3 years ago

Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $121,000; All

kogti [31]

Answer:

Bad debt expense $ 26,300

Allowance for Uncollectible Accounts $ 26,300

Explanation:

Initial Balance

Accounts Receivable $ 121,000

Allowance for Uncollectible Accounts $ 2,100 - Debit

Bad Debts Expense = 20% / Accounts Receivable $ 24,200

Adjusting Entry

Bad debt expense $ 26,300

Allowance for Uncollectible Accounts $ 26,300

Final Balance

Accounts Receivable $ 121,000

Allowance for Uncollectible Accounts $ 24,200 - Credit

Accounts Uncollectible are those credit that the company give and there are not chances of been collected.

When the customers buy products on credits but then the company can't collect the debt, then it's necessary to write off the unpaid bill as uncollectible

One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets.

The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible.

When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

6 0

3 years ago

In one or two sentences, describe which is greater: gross pay or net pay.

ArbitrLikvidat [17]

Answer:

Gross pay

Explanation:

Gross pay is before all taxes and deductions. Therefore that value is greater than net pay which is after all taxes and deductions

4 0

3 years ago

Edelman engines has $20 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $10 billion in long-

Lemur [1.5K]

<u>Calculation of Edelman's market/book ratio:</u>

The market/book ratio is calculated with the help of following formula:

Market/book ratio = Market price per share / Book value per share

The Book value per share can be calculated as follows;

Book value per share =Common Equity/ Shares of common stock outstanding

= 8,000,000,000 /500,000,000

= 16

Hence ,

Market/book ratio = 25/16 = 1.56

Hence, Edelman's market/book ratio is <u>1.56</u>

5 0

3 years ago

Red when choosing a form of ownership

siniylev [52]

Answer:

see below

Explanation:

1. Private Limited Company

A private limited company is an acknowledged legal entity whose shares are held privately by the founders. The shareholders are the owners. They are not allowed to trade their shares to the public through the security exchange. SHINING STAR BUS COMPANY (PTY) Ltd is currently a limited private company. Transfer of shares has to be between the existing shareholders, the bus company, and requires authorization. The shareholders have limited liability to the company's debts and are entitled to a share in the company profits.

2. Public Limited Company

A public limited company is recognized as a legal and separate entity from its owners. Unlike a private limited company, the shares of a public limited company are traded in the security exchange markets. It means ownership of a public company is open to the public. The management of SHINING STAR BUS COMPANY (PTY) Ltd wants to convert it to a public limited company. After the conversion, its shares will be traded at the Johannesburg Security Exchange(JSE).

4 0

3 years ago