1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
topjm [15]
3 years ago
13

The average height of members of the high school basketball team is six feet, three inches. Jerry is on the high school basketba

ll team, so Jerry must be taller than six feet. The argument above is flawed because it confuses:_________
Business
1 answer:
tigry1 [53]3 years ago
3 0

Answer:

The argument is confusing an average for the individuals who make up that average.

Explanation:

The argument assumes that the height of all members of the team is above 6 ft. this is flawed because it assumes that the average height is equal to the height of the members of the team

for example, there are two members in the team

assume that the height of each member is 6 ft 3 inches. the average height is  6 ft 3 inches

Assume that the height of one member is 10.6 in and jerry's height is 2.0. the average height is  6 ft 3 inches. Here Jerry's height is less than 6ft

You might be interested in
A company that is based on a direct flow of authority from the top executive to subordinates is known as a ________ organization
UNO [17]
A company that is based on a direct flow of authority from the top executive to subordinates is known as a Line of Organization. In this type of organization, the decision and authority are structured<span> from the highest position down directly to its subordinates.</span>
5 0
3 years ago
The stock of ABD, Inc. has a beta a 1.5 and an expected return of 11.6 percent. The expected return on the market is 11 percent.
GaryK [48]

Answer:

im sorry

Explanation:

8 0
3 years ago
A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit
Allisa [31]

Answer:

Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)

All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.

6 0
3 years ago
When using the accounting equation, recording the purchase of equipment for cash would include an increase to the (Cash/Equipmen
Fiesta28 [93]

Answer:

Equipment account increases , and cash decreases with same amount

Explanation:

In the case of acquisition of a new equipment , the equipment account is debited (increase) while the cash account is credit with the same amount of money used for the purchase .

Purchase of an equipment is a balance sheet item , which means it is recorded in the balance sheet and not the income statement as it is not an expense.

The asset register must also be updated with the value of the newly acquired item

7 0
3 years ago
Identify each of Knox​ Industries' transactions listed below as operating​ (O), investing​ (I), financing​ (F), noncash investin
mylen [45]

Answer:

a. Issuance of common stock for cash

 (F)    +Cash

b. Purchase of new forklift with cash

(I)       -Cash

c. Purchase of equipment by issuing note payable

 (I)       -Cash

d. Depreciation of building

(O)       No cash changes

e. Decrease in raw materials inventory

(O)           +Cash

f. Payment of cash dividend

(F)           -Cash

g. Increase in prepaid rent expense

(O)            -Cash

h. Purchase of treasury stock

(F)            -Cash

i. Cash sale of land (no gain or loss)

(I)            +Cash

j. Sale of long-term investment (no gain or loss)

(I)           +Cash

k. Increase in salaries payable

(O)        +Cash

l. Amortization of patent

(O)        No cash dealing

m. Purchase building with cash

(I)            -Cash

n. Decrease in accrued taxes payable

(O)              -Cash

o. Gain on sale of equipment

(I)                 +Cash

p. Repayment of long-term debt

(F)           -Cash

Explanation:

Cash Flow from operating activities cash generated from to day to day activities of the business. All the cash flows needed to operate the business smoothly.

All the cash flows related to the fixed asset is called cash flows from the investing activities. Cash inflows from the sale fixed asset and cash outflows from the purchase of fixed assets are included in it.

Cash flow from financing activities is the cash inflows and outflows related to the fund of the business.

8 0
3 years ago
Other questions:
  • When there is an expansionary gap, inflation will ______, in response to which the Federal Reserve will ____ real interest rates
    6·1 answer
  • ​_____ give the project managers an opportunity to seek input and conduct brainstorming sessions.
    13·1 answer
  • Suppose the market for loanable funds is current in equilibrium, with no (zero) capital inflows or capital outflows. a. Using a
    12·1 answer
  • Bell Inc. took a physical inventory at the end of the year and determined that $780,000 of goods were on hand.
    8·1 answer
  • CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to
    14·1 answer
  • Help!
    7·1 answer
  • Sports Stuff Inc. Herb Graham is vice president of Sports Stuff Inc., a business that develops, manufactures, and markets sports
    8·1 answer
  • When compared with the purely competitive industry with identical costs of production, a monopolist will charge: higher price an
    13·1 answer
  • Jasper trucking plans to issue $3 million in five-year bonds. They believe they can afford to pay $286,000 in interest to bondho
    7·1 answer
  • Changes in the technological environment create increases in world wide in all sectors of the economy, creating exciting challen
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!