State all appropriate conclusions.
Reject the null and accept the alternative. The correlation is statistically significant. There is a linear relationship between Weekly Compensation and Sales. 57% of the variance in each variable is explained by the other variable. For every 1 point increase in Weekly Compensation, we'd expect a 0.12 increase in Sales.
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Winnowing out is part of the cultural selection process
Indicate whether the statement is true or false
The international product structure eliminates the duplication of product and area specialists.
Answer the following statement true (T) or false (F)
______ is the easiest and fastest method of job evaluation.
A. Job ranking B. Wage compression C. Job evaluation D. Job hierarchy
Maggie Stern started a consulting business, Stern Consulting, on January 1, Year 1. The following events occurred in Year 1:1) Acquired $9,000 cash by issuing common stock2) Provided services on account, $27,5003) Paid cash for $13,500 in operating expenses4) Collected $11,000 of the revenue that was previously recorded on account5) Paid a cash dividend of $5,000 to the stockholdersRequired:a) Show the effects of the above transactions on the accounting equation. 
b) Prepare an income statement and statement of cash flows for Year 1.
What will be an ideal response?