The mean absolute deviation is the summation of the residuals divided by the sample size
Indicate whether the statement is true or false
F
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Under the indirect method, a decrease in inventory is added to net income to determine cash flow from operating activities
a. True b. False Indicate whether the statement is true or false
In the regression equation y = a + bx, job evaluation points are denoted by
A. a. B. x. C. b. D. y.
Lauren and Elizabeth are partners. Lauren has a capital balance of $125,000 and Elizabeth has a capital balance of $110,000. Harry invested $100,000 to acquire an ownership interest of 30%. The journal entry to record the receipt of Harry's contribution will ________.
A) decrease Lauren, Capital B) increase Elizabeth, Capital C) decrease Cash D) decrease Harry, Capital
On March 31, 2018, Water Front, Inc. shows the following data on its balance sheet:
Assume that Water Front sells 1500 shares of treasury stock at $33 per share. What is total stockholders' equity after this transaction?
A) $6,940,500
B) $7,039,500
C) $6,979,500
D) $7,000,500