Regression is a statement about what will happen or might happen in the future such as future sales or employee turnover.
Answer the following statement true (T) or false (F)
False
Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.
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Which of the following items on a bank reconciliation would require a journal entry on the company's books?
a. A deposit in transit b. Outstanding checks c. A bank service charge d. A bank error on the bank statement
___________ are independent workers who supply organizations with short-term talent for projects that need to be completed within a certain amount of time while ____________ are independent workers who supply organizations with part-time talent for projects that need to be completed within a certain amount of time.
What will be an ideal response?
Which of the following illustrates Emerson's observation that "to be understood is a rare luxury"?
A) The phrase "public safety" is clearly understood, because everyone knows the meaning of both words. B) The phrase "public safety" is rarely used, because the concept of security is an ethical norm. C) The phrase "public safety" represents an ethical norm that is a rare luxury, because the public rarely feels safe. D) The phrase "public safety" seems clear at first glance, but on pondering its various interpretations, one realizes that it is not so clear.
Lerner had net income for 2016 of $104,000
Lerner had 32,000 shares of common stock outstanding at the beginning of the year and 48,000 shares of common stock outstanding at the end of the year. There were 5,000 shares of preferred stock outstanding all year. During 2016, Lerner declared and paid preferred dividends of $30,000. On December 31, 2106, the market price of Lerner's common stock is $30 per share and the market price of its preferred stock is $57 per share. What is Lerner's price/earnings ratio? (Round the answer to two decimal places.) A) 30.81 B) 11.54 C) 13.85 D) 16.22