Questions

For Randa Company the following information is available Capitalized leases 560 000 Copyrights 240 000 Long term receivables 210 000 In Randa s balance sheet intangible assets should be reported at O a 210 000 O b 240 000 O c 770 000 d 800 000 Clear my choice

Mike McKinney Corporation had accounts receivable of 100 000 at 1 1 The only transactions affecting accounts receivable were sales of 600 0 and cash collections of 550 000 The accounts receivable turnover is a 6 0 b 4 4 C 4 8 d 4 0

Sally will invest 8 000 a year for 20 years in a fund that will earn 6 annual interest If the first payment occurs at year end what amount will be in the fund in 20 years O a 294 284 72 O b 311 941 81 O c 310 942 35 O d 277 627 10

If a company employs the gross method of recording accounts receivable from customers then sales discounts taken should be reported as O a a deduction from accounts receivable in determining the net realizable value of accounts receivable O b an item of other expense in the income statement C a deduction from sales in the income statement O d sales discounts forfeited in the cost of goods sold section of the income statement Clear my choice

Mike McKinney Corporation had accounts receivable of 100 000 at 1 1 The only transactions affecting accounts receivable were sales of 600 000 and cash collections of 550 000 The accounts receivable turnover is O a 6 0 O b 4 4 O c 4 8 O d 4 0

Noor Corporation reports the following information Net income 750 000 Dividends on common stock 210 000 Dividends on preferred stock 90 000 and Weighted average common shares outstanding 200 000 Noor should report earnings per share of a 3 30 O b 3 75 O c 2 25 O d 2 70 Clear my choice

Not yet answered Marked out Sally will invest 8 000 a year for 20 years in a fund that will earn 6 annual interest If the first payment into the fund occurs today what amount will be in the fund in 20 years O a 310 942 35 O b 311 941 81 O c 294 284 72 O d 277 627 10 Next pag

The effect of collection of accounts receivable on a statement of cash flows is O a Cash provided used by financing activities O b Not a cash flow C Cash provided used by investing activities d Cash provided used by operating activities Clear my choice

Answer saved Marked out of 1 00 The net income of Bright corporation during 2020 was 500 000 The corporation had 100 000 shares of common stock authorized and 50 000 shares issued and outstanding during 2020 The earnings per share is a 10 per share O b 0 10 per share Oc 5 per share O d 0 20 per share Clear my choice

Lara Corporation reports Cash provided by operating activities 320 000 Cash used by investing activities 110 000 Cash provided by financing activities 140 000 and Beginning cash balance 90 000 What is Lara s ending cash balance O a 660 000 O b 410 000 O c 570 000 Od 440 000 Clear my choice P Flag question Previous page Next page 1 8 15 22 29 2 50 9 3 10 16 17 23 24 30 31 36 37 38 43 44 45 Finish attempt

F Fla Jaser Company will invest 300 000 today The investment will earn 6 for 5 years compound interest with no funds withdrawn In 5 year compound interest the amount in the investment fund is O a 300 000 O b 402 087 O c 401 468 O d 390 000

Mansour company sold toys listed at 360 per unit to Salam company on account a trade discount of 15 Salam should record the accou payable per unit at O a 360 O b 335 O c 285 O d 306 Clear my choice

What is the angle measure 52 48 51 equivalent to in decimal degrees Enter your answer rounded to the nearest thousandth of a degree in the box

Using a loose interpretation of the criteria for determining whether a frequency distribution is approximately a normal distribution determine whether the given frequency distribution is approximately a normal distribution Give a brief explanation Choose the correct answer below Blood Platelet Count of Males 1000 cells L Frequency 0 99 2 100 199 55 200 299 87 300 399 400 499 500 599 600 699 CO 25 0 1 1 A The distribution is a normal distribution The frequencies start low proceed to one or two high frequer then increase to a maximum and the distribution is not symmetric B The distribution is not a normal distribution The frequencies start low proceed to one or two high frequencies then decrease to a low frequency and the distribution is approximately symmetric OC The distribution is a normal distribution The frequencies start low proceed to one or two high frequenc then decrease to a low frequency and the distribution is approximately symmetric OD The distribution is not a normal distribution The frequencies start low proceed to one or two

data to uct the relative quency Natural births randomly selected from four hospitals in New York State occurred on the days of the week in the order of Monday through Sunday with the frequencies 54 66 72 55 53 46 54 Does it appear that such births occur on the days of the week with equal frequency Construct the relative frequency distribution Relative Frequency Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday

the weights appear to be reported or actually measured What can be said about the accuracy of the results 0000000011223445555555555668899 Complete the frequency distribution below Last digit Frequency 0 1 2 3 4 Type integers or decimals Last digit Frequency 67856 9

Many families in California are using backyard structures for home offices art studios and hobby areas as well as for additional storage Suppose that the mean price for a customized wooden shingled backyard structure is 3 100 Assume that the standard deviation is 1 400 a What is the z score for a backyard structure costing 2 400 Round your answer to two decimal places Z b What is the z score for a backyard structure costing 6 600 Z c Interpret the z scores in parts a and b Comment on whether either should be considered an outlier The cost 2 400 is 0 5 standard deviations Select the mean therefore it is Select therefore it is Select Z d The cost for a backyard shed office combination built in Albany California is 11 850 Compute the z score for this structure Should this structure be considered an outlier Explain This structure is Select because the z score is Select The cost 6 600 is 2 50 standard deviations Select the r 6 37 A C v

F Weights of 67 college students in kilograms in September of freshman year are provided in the accompanying data set Construct a frequency distribution Begin with a lower class limit of 40 kg and use a class width of 10 kg Does the distribution appear to be a normal distribution Click the icon to view the freshman weights Construct the frequency distribution Weight kg Frequency 40 Type integers or decimals Do not round

Does the frequency distribution appear to have a normal distribution Explain Choose the correct answer below F 45 49 50 54 55 59 60 64 65 69 70 74 75 79 37474 C 3 12 OA Yes because the frequencies start low proceed to one or two high frequencies then increase to and the distribution is not symmetric OB No because the frequencies start low proceed to one or two high frequencies then decrease to a low frequency and the distribution is approximately symmetric OC Yes because the frequencies start low proceed to one or two high frequencies then decrease to a low frequency and the distribution is approximately symmetric two high frequencies then decrease to a

Consider a sample with data values of 26 24 21 16 31 33 29 and 24 Compute the 20th 25th 65th and 75th percentiles 20th percentile 25th percentile 65th percentile 75th percentile

The accompanying data set lists the F scale intensities of recent tornadoes in the United States Construct a frequency distribution Do the intensities appear to have a normal distribution Assume that the intensities are quantitative Click the icon to view the F scale intensities Complete the frequency distribution F Scale Intensity 0 Frequency

The total sales of National company to its customers last year amounted to 15 720 000 sales returns and allowances were 370 000 sales discounts were 175 000 and freight outwas 140 000 Net sales last year for National Company were O a 15 720 000 Ob 15 175 000 O c 15 035 000 O d 15 350 000

Consider a sample with data values of 7 19 8 15 and 11 Compute the z score for each of the five observations z score for 7 z score for 19 Z score for 8 z score for 15 z score for 11

Create find images of the characters who live in your dystopian world Consider how their clothing and appearance reflects their class how much power they have and the types of environments they live in

Sandler Company has the following account balances at year end Accounts receivable 80 000 Allowance for doubtful accounts 4 800 and Sale discounts 3 200 Sandler should report accounts receivable at a net amount of O a 75 200 O b 80 000 O c 72 000 O d 76 800

Alpha Corporation reports the following information Net income 500 000 Dividends on preferred stock 60 000 and Weighted average commor shares outstanding 200 000 Alpha should report earnings per share of Oa 1 80 O b 2 20 O c 1 50 O d 2 50

e following table displays round trip flight prices from 14 major U S cities to Atlanta and Salt Lake City Round Trip Cost Departure City Cincinnati New York Chicago Denver Los Angeles Seattle Detroit Philadelphia Washington D C Miami San Francisco Las Vegas Phoenix Dallas Atlanta 339 10 320 60 292 60 339 60 360 60 383 60 309 60 415 60 292 60 250 60 538 60 456 60 358 60 332 90 Salt Lake City 570 10 355 60 465 60 218 60 312 60 297 60 472 60 619 40 512 60 524 20 380 60 160 60 268 60 458 60 a Compute the mean price for a round trip flight into Atlanta and the mean price for a round trip flight into Salt Lake City Round your answers to two deci

Question 38 Answer saved Marked out of 1 00 Which of the following is not a major challenge facing the accounting profession a Forward looking information O b Timeliness O c Nonfinancial measurements d Accounting for hard assets Clear my choice Previous page

F Flag question A trial balance before adjustments included the following Sales 425 000 credit Sales returns and allowance 14 000 debit Accounts receivable 43 000 debit and Allowance for doubtful accounts 760 credit If the estimate of uncollectible is made by taking 10 of gross account receivables the amount of the adjustment is O a 4 300 O b 3 540 O c 4 224 O d 5 060

PFlag question Haya wants to withdraw 30 000 each year for 10 years from a fund that earns 8 interest How much must she invest today if the first withdrawa takes place immediately O a 234 799 16 O b 201 302 44 O c 217 406 63 O d 298 712 25

Hamada invests 20 000 at 8 annual interest leaving the money invested without withdrawing any of the interest for 8 years At the end of th years Hamada withdraws the accumulated amount of money the amount of interest assuming the investment earns simple interest is O a 37 018 60 O b 12 800 O c 32 800 O d 7 200

1 2 2024 Gaza company sold merchandise inventory of 50 000 to Jenin company terms 2 10 n 30 and on 11 2 2024 Gaza company received the amount for merchandise inventory sold The journal entry on 15 2 2024 under gross method is O a Cash debit 50 000and Accounts receivable credit by same amount O b Accounts receivable debit 49 000and cash credit by same amount O c Cash debit 50 000and Accounts receivable credit 49 000 and sales discount forfeited credit 1 000 O d Accounts receivable debit 50 000and cash credit by same amount

Presented below is information related to Vienna Company at December 31 2020 the end of its first year of operations Sales revenue 500 000 Cost of goods sold 240 000 Selling and administrative expenses 60 000 and loss on sale of plant assets 15 000 Income from operations is 300 000 a O b 260 000 O c 185 000 O d 200 000

Find the volume of the solid generated when R shaded region is revolved about the given line y 1 x y 1 x 1 about y 1

The Graduate Management Admission Test GMAT is a standardized exam used by many universities as part of the assessment for admission to graduate study in busines The average GMAT score is 547 t Assume that GMAT scores are bell shaped with a standard deviation of 100 a What percentage of GMAT scores are 647 or higher b What percentage of GMAT scores are 747 or higher c What percentage of GMAT scores are between 447 and 547 d What percentage of GMAT scores are between 447 and 747 6 24 C M

Financial information exhibits the characteristic of consistency when a a company applies the same accounting treatment to similar events from period to period Ob accounting procedures are adopted which give a consistent rate of net income O c extraordinary gains and losses are not included on the income statement O d expenses are reported as charges against revenue in the period in which they are paid

The process of identifying measuring analyzing and communicating financial information needed by management to plan evaluate and cont an organization s operations is called O a auditing O b financial accounting O C tax accounting O d managerial accounting

Which of the following is a fundamental quality of useful accounting information a Faithful representation b Comparability C Conservatism d Consistency

Jaser Company will invest 300 000 today The investment will earn 6 for 5 years simple interest with no funds withdrawn In 5 years the amount in the investment fund is O a 401 468 O b 402 087 O c 390 000 O d 300 000

Not yet answered Marked out of 1 00 Tamer needs 25 000 in 4 years What amount must he invest if his investment earns 12 annual interest compounded quarterly O a 20 222 65 O b 15 579 17 O c 19 524 36 O d 16 046 54

A truth value assignment that makes all the premises of an argument true and its conclusion false is called a 2 point

P G Adjusted Stock Price Apple Adjusted Stock Price bie The DATAfile StockComparison contains monthly adjusted stock prices for technology company Apple Inc and consumer goods company Procter Gamble P G from 2013 2018 a Develop a scatter diagram with Apple stock price on the horizontal axis and P G stock price on the vertical axis 100 200 O 80 60 40 20 0 0 200 150 100 50 0 nload 0 50 150 Apple Adjusted Stock Price 100 parison xlsx 20 60 40 80 P G Adjusted Stock Price 200 Interpret the sample covariance 100 DO O Apple Adjusted Stock Price 150 100 50 0 c Compute the sample covariance Round your answer to two decimal places 60 40 P G Adjusted Stock Price 20 80 100 DO P G Adjusted Stock Price 100 80 60 40 20 b What appears to be the relationship between these two stock prices The scatter diagram shows Select relationship with Select Apple stock prices associated with higher P G stock prices 0 50 150 Apple Adjusted Stock Price 100 200

The balance sheet is useful for analyzing all of the following except a solvency b profitability c liquidity d financial flexibility Clear my choice

Consider a sample with data values of 10 20 14 12 and 11 Compute the range and interquartile range range interquartile range

The effect of issuance of common stock for cash on a statement of cash flows is a Cash provided used by operating activities b Cash provided used by investing activities C Not a cash flow d Cash provided used by financing activities Clear my choice

Moon Corporation reports the following information Correction of understatement of depreciation expense in prior years net of tax 1 290 000 Dividends declared 960 000 Net income 3 000 000 and Retained earnings 1 1 20 as reported 6 000 000 Moon should report retained earnings 1 1 20 as adjusted at O a 9 330 000 O b 7 290 000 O c 4 710 000 O d 6 000 000

Superman invested 15 000 today in a fund that earns 8 compounded semiannually To what amount would the investment grow in 3 year Oa 20 407 33 b 18 979 78 Hag qu O c 17 496 O d 18 895 68

Consider a sample with data values of 10 20 12 17 and 16 Compute the variance and standard deviation sample variance sample standard deviation

Consider a sample with data values of 20 26 28 15 30 34 24 and 26 Compute the range Compute the interquartile range Compute the sample variance Round your answer to two decimal places Compute the sample standard deviation Round your answer to two decimal places

Five observations taken for two variables follow 20 18 16 14 12 10 8 6 4 2 0 O 0 a Develop a scatter diagram for these data y y 20 X 6 Y 7 8 18 16 14 12 10 8 6 4 2 11 5 15 21 27 7 17 11 10 15 20 25 30 X y 20 18 16 14 12 10 8 6 4 2 0 5 10 15 20 25 X 30 O 20 y 18 16 14 12 10 8 6 4 2 0 0 5 10 15 20 2