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juin [17]
2 years ago
9

QUESTION THREE.

Business
1 answer:
lapo4ka [179]2 years ago
8 0

Answer:

We can first order the data from smallest value to largest value:

461

549

745

1500

1800

2000

3750

4795

68000

a) The mean is 9289, and the median is 1800

b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.

c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.

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On January 1, 2014, Harrington Company has the following defined benefit pension plan balances.
Brilliant_brown [7]

Answer and Explanation:

a. The pension worksheet for the pension plan for the year 2014 and 2015 is presented on the excel spreadsheet

b. According to the scenario, The journal entry is

Journal Entry:-

Pension expenses A/c      Dr. $450,640

Other comprehensive income (gain/loss) A/c   Dr. $99,360

Other comprehensive income (prior service cost) A/c  Dr. $410,000

To pension assets & liabilities A/c      $675,000

To Cash A/c         $285,000

(Being the pension expense is recorded)  

For recording this we debited the pension expense, other income, gain or loss as it increased the expenses reduced the income and credited the cash and assets and liabilities because it reduced the cash and recognize the pension assets and liabilities

6 0
3 years ago
George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the dutie
motikmotik
Hello

George retired from a local law firm and then volunteered to oversee a nonprofits legal records. George is performing the duties of a corporate secretary

Thanks
4 0
3 years ago
For how long should a certified personal trainer maintain accurate contract and appointment records?
Ann [662]

Correct/Complete question: For how long should a certified personal trainer maintain accurate contract and appointment records?

a. 3 years

b. 4 years

c. 2 years

d. 1 year

Answer:

4 years

Explanation:

A certified personal trainer is expected to maintain accurate record of contracts and appointment for at least 4 years before discarding them so as to be able to use them for future assessment or reference purposes. These records are kept in both soft and hard copies. the hard copies can be recycled after 4yeasr at least while the soft copies are kept in a database which can last for almost forever.

Cheers

5 0
3 years ago
An avocado orchard employs five full-time workers.​ Currently, the average product of labor is 120 pounds of avocados per day. T
Elenna [48]

Answer:

125 pounds

Explanation:

Firstly, we need to know the total product of labor of the five full time workers.

This is equal to 120 * 5 = 600 pounds

The last worker is 150 pounds

The total now is 600 + 150 = 750 pounds

The average product of the six workers will now be 750/6 = 125 pounds

7 0
3 years ago
Which of the following is not a correct way of calculating a liquidity ratio?
aleksley [76]

Option C -Operating Cash Flow = Current Liabilities / Operating Cash Flow s not a correct way of calculating a liquidity ratio.

Liquidity ratios are a measure of a company's ability to settle its short-term payments. A company has the ability to quickly exchange its revenues and is using them to pay his obligations is dictated by its liquidity ratios. The potential to pay back debts and keep engaged on installments is simpler the better the ratio. Since this can vary by industry, and current ratio of 1.0 usually signals that a group's debt do not exceeding its liquid assets. In enterprises in which there is a quicker product changeover and/or shorter payment cycles, ratings below 1.0 may be acceptable.

Absolute liquidity ratio =(Cash + Marketable Securities)÷ Current Liability.

Learn more about Liquidity ratios here:

brainly.com/question/15395374

#SPJ4

3 0
1 year ago
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