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3 years ago

Which of the following hypotheses is a one-tailed test? Group of answer choices

Business

1 answer:

koban [17]3 years ago

7 0

Answer:

The correct answer is letter "A": Hybrid cars get better gas mileage than traditional cars.

Explanation:

One-Tailed Tests are statistical studies conducted to show that a given sample has higher or worse features than the total population. The two outcomes cannot happen. Only one will be the result of the test. The researcher, in such a case, conducts the study in one direction and does not consider the other possible outcome.

Then, the research on hybrid cars attempts to prove they are better in gas mileage compared to regular vehicles. Therefore, the researcher is using the one-tailed test approach.

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Jason and Mary are married taxpayers in 2019. They are both under age 65 and in good health. For 2019 they have a total of $41,0

Elis [28]

Answer:

a. Adjusted Gross income is calculated as;

= Wages + Interest - Deduction

= 41,000 + 700 - 5,000

= $36,700

b. The couple will pick their Standard deduction in 2019 because its more than the itemized deduction.

Standard deduction for couples in 2019 = $24,400

c. I assume you mean their 2019 taxable income which is;

= Adjusted Gross income - Standard deduction

= 36,700 - 24,400

= $12,300

Note; As of 2018 there are no more personal deductions.

7 0

3 years ago

When a corporation sells all or substantially all of its assets to another corporation, generally,

Svetllana [295]

Answer:

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

The Board of directors first have to propose a resolution regarding disposition which has to be approved
Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
Such approval must be obtained by majority of the votes cast in it's favor.

In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

4 0

4 years ago

Bank Robbery. Victor robbed Safe Bank of a significant sum of cash. Safe Bank offered a reward of $10,000 for anyone who capture

laiz [17]

Answer:

E. Ursula is likely to prevail because an enforceable unilateral contract exists based on her provision of information leading to the capture of Victor.

Explanation:

A unilateral contract is in existence because safe bank has made an offer to pay $10,000. And in a unilateral contract when an offerer like safe bank makes an offer, the offer is accepted through actual performance which Ted has done through information Ursula provided. Therefore Ursula would prevail because unilateral contracts are enforceable by the law.

4 0

3 years ago

Wang Company accumulates the following adjustment data at December 31. For each item, indicate (1) the type of adjustment (prepa

IRISSAK [1]

Answer:

a. Services performed but unbilled totals $600.

Accrued revenue
Accounts receivable was understated before the adjustment

b. Store supplies of $160 are on hand. The supplies account shows a $1,900 balance.

Accrued expense
Supplies was overstated before the adjustment

c. Utility expenses of $275 are unpaid.

Accrued expense
Utilities expense was understated before the adjustment

d. Service performed of $490 collected in advance.

Unearned revenue
Revenue was overstated before the adjustment

e. Salaries of $620 are unpaid.

Accrued expense
Wages expense was understated before the adjustment

f. Prepaid insurance totaling $400 has expired.

Prepaid expense
Insurance expense was understated

4 0

3 years ago

The financial statements of Burnaby Mountain Trading Company are shown below. Income Statement 2017 Sales $7,000,000 Cost of Goo

vova2212 [387]

Answer:

d. 2.83

Explanation:

Note: The financial statement in the question are merged together. They are therefore sorted before answering the question. See the attached excel file for the full question with the sorted financial statement.

The explanation to the answer is now as follows:

The current ratio is a liquidity ratio that is used in measuring whether a company has adequate resources to meet its short-term obligations or pay its liabilities from its current assets.

The current ratio provides a comparison current assets to current liabilities of a company and it can be calculated using the following formula:

Current ratio = Total current assets / Total current liabilities ................. (1)

From the 2017 balance sheet of Burnaby Mountain Trading Company, we have:

Total current assets = $1,700,000

Total current liabilities = $600,000

Substituting the values for Total current assets and Total current liabilities into equation (1), we have:

Current ratio = $1,700,000 / $600,000 = 2.83

Therefore, The firm's current ratio for 2017 is 2.83. That is, the correct option is option d. 2.83.

This indicates that the firm has more than enough current assets to pay off 2.83 or 283% of its current liabilities.

Download xlsx

4 0

3 years ago