Answer: 1.222
Explanation:
The Average duration can be derived from the formula:
Assets * Average Duration = Liabilities * Duration of Liabilities
Average Duration = (Liabilities * Duration of Liabilities) / Assets
= (47,000,000 * 1.3) / 50,000,000
= 61,100,000 / 50,000,000
= 1.222
Answer:
A. Matched Samples
Explanation:
Matched samples is a situation whereby participants are paired, sharing every other characteristics except the one under investigation. The idea behind this is to have more control over unwanted variables. In this case, the study is measuring two production methods and in order to control the unwanted variable and leave only the characteristic or variable under investigation which is the production method, the two method is carried out by the same workers each.
Answer:
A. An increase in demand and supply of this drug.
Explanation:
In this case, if marijuana were to decriminalized, demand would be skyrocket in the short-term. It will achieve equilibrium once it is set to be recreational use only.
Answer:
It has a greater impact than service industries.
Explanation:
Answer:
The correct statement related to the pro forma statements is:
The addition to retained earnings is equal to net income less cash dividends.
Explanation:
When the beginning retained earnings are increased by the addition to retained earnings, it means that the cash dividends have been subtracted from the net income. This addition is the leftover net income after offsetting the dividends. It increases the retained earnings by the end of the financial period.