Answer:
As given below.
Explanation:
1. The t-distribution is based and dependent on the sample size.
2. The t-distribution is more valued at the extremes thus has a standard normal distribution.
3. The t-distribution is bell-shaped and is centered at 0.
4. The t-distribution is a kind of bell-shaped and is centered at its degrees of freedom.
5. With larger samples, the t-distribution is close to the normal distribution.
- Being symmetric in shape and a bell-shaped distribution of the normal distribution this is more prone to produce the values that are found its mean.
- Its an estimation of the unknown parameters and uncertainty of data. In case the deviation of the errors was known, the normal distribution would be used instead of the t-distribution or student's distribution.
Answer:
The amount of rent expense that will be reported on the Year 1 income statement is $1,800
.
The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $5,400.
Explanation:
Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.
The duration of the payment is 12 months, hence
Monthly amortization = $7,200/12 = $600
Rent expense for year 1 = $600 × 3 = $1,800
The ending balance in the prepaid rent account will be
= $7,200 - $1,800
= $5,400
This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.
Answer:
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Explanation:
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Answer:
it is challenging to track usage of the coupons
Explanation:
Coupons are defined as an instrument that is used to obtain a discount or rebate when making a purchase.
Stores usually give out coupons to customers as an incentive to by products.
However there will be challenge of tracking the coupons as well as the discount on each coupon.
Coupons are given at different discount rates at different times, so it is cumbersome to track a particular coupon out of the many issued when customer wants to redeem it
Answer:
(B). Ethical standards
Explanation:
Ethical standards within an organization are standards set by the organization that employees are expected to abide by.
<em>They include values such as integrity, respect, trust, honesty, loyalty.</em>
Abiding by these ethical standards bring about employee and customer satisfaction.
<u>By giving freedom to sales representatives on the amount spent on gifts for Asian and European customers, Cheyanne is managing for Ethical standards.</u>