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Marta_Voda [28]
2 years ago
14

A distribution of scores that is positively skewed will have a small number of scores that:

Business
1 answer:
PilotLPTM [1.2K]2 years ago
4 0

Answer:

A distribution of scores that is positively skewed will have a small number of scores that are very high.

Option C is correct.

Explanation:

A distribution is said to be normal if the value of skewness is equal to zero, this type of distribution is symmetric.

However, if the skewness value is less than zero, then the distribution is negatively skewed and if the skewness value is greater than zero then the distribution is positively skewed.

For a positively skewed distribution, the tail is elongated downward, and the mean value is greater compared with median and mode. Hence, the observations are extremely high and the mean is distributed upward.

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The adjusted trial balance for China Tea Company at December 31, 2021, is presented below: Accounts Debit Credit Cash $ 14,000 A
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Answer:

With the retained earning of the Income Statement $ 120,700, complete the accounting equation in the Retained Earning section.

2021 Balance Sheet

$14,000   Cash

$168,000 Accounts Receivable

$7,000     Prepaid Rent

$33,000   Supplies

$222,000  TOTAL CURRENT ASSETS  

$340,000 Equipment

-$133,000 Accum Depreciation

$207,000  TOTAL NONCURRENT ASSETS  

$429,000  TOTAL ASSETS  

$11,000  Accounts Payable  

$1,900  Interest Payable  

$3,000  Salaries Payable  

$15,900  TOTAL CURRENT LIABILITIES  

$20,000  Note Payable  

$20,000  TOTAL NONCURRENT LIABILITIES  

$35,900  TOTAL LIABILITIES  

$190,000  Common Stock  

$203,100  Retained Earnings  

$393,100  TOTAL EQUITY  

$429,000  TOTAL EQUITY + LIABILITIES  

Explanation:

Account of Current Assets , the criteria is to have a liquidity speed less of one year

Cash

Accounts Receivable

Prepaid Rent

Supplies

Account of Non Current Assets , the criteria is to have a liquidity speed more than one year and are known as fixed assets

Equipment

Accum Depreciation

Account of Current Liabilities , the criteria is to have a liquidity speed less of one year

Accounts Payable  

Interest Payable  

Salaries Payable  

Account of Non Current Liabilities, the criteria is to have a liquidity speed more than one year and are known as long term financing

Note Payable  

Account of Total Equity

Common Stock  

Retained Earnings  

Income Statement 2021

Sales $490,000

Depreciation -$35,000

Salaries Expenses -$187,000

Advertising Expenses -$70,000

Rent Expenses -$12,000

Utilities Expenses -$35,000

Net Income Before Taxes and Int $151,000

Interest Expenses -$2,300

Net Income Before Taxes $148,700

Dividends -$28,000        

Retained Earnings $120,700

4 0
2 years ago
There is no demand for a certain commodity when the unit price is $200 or more, but the demand increases by 200 units for each $
nikitadnepr [17]

Answer:

y = -0.05x + 200

Explanation:

Two points are available ($200, 0), ($190, 200)

We find the equation from these two points.

Slope = (190-200)/(200 -0) = -10/200 = -0.05

Now, we write the equation of line with scope m=-0.05 and point (0. 200)

y-200 = -0.05(x-0)

y = -0.05x + 200 (Demand equation)

8 0
3 years ago
You are buying a $62,000 house for 10% down, with the rest financed at 11 3/4% for 30 years with fixed monthly payments. you mus
Kitty [74]
The answer would be 42 percent.
7 0
3 years ago
Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
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Answer:

The total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors is $3,410.40.

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Margin generated by 78% of people who return for service over 5 years = Number of times * Margin generated on each service = 10 * $103 = $1,030

Total estimated customer lifetime value (CLV) = Margin on selling vehicle + (Margin generated by 78% of people who return for service over 5 years * 78%) + (Margin generated by 226% of people who do not return for service over 5 years * 22%) = $2,607 + ($1,030 * 78%) + ($0 * 22%) = $3,410.40

Therefore, the total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors is $3,410.40.

6 0
3 years ago
9. The cost of producing one more unit of a good is known as a(n) (1) Fixed cost. (2) Variable cost. (3) Operating cost. (4) Mar
miskamm [114]

Answer:

Marginal cost.​

Explanation:

6 0
3 years ago
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