In linear regression analysis, the term predicted variable is another name for ______ variable.
A. independent
B. random
C. dependent
D. discrete
C. dependent
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Consider the Japanese market for jetliners as depicted in Figure 6.4. Suppose the lone producer of jetliners in the world is Boeing, which faces a constant marginal cost of $20 million per jetliner. What price will Boeing charge for jetliners in the Japanese market and how many will they sell?
a. $20 million, 23
b. $20 million, 46
c. $30 million, 46
d. $30 million, 23
A country’s balance of trade refers to ______.
A. the balance between the quantity of goods and services exported and the quantity of goods and services imported B. the net difference between the monetary value of exports and imports of that country C. the balance between the number of items imported and exported D. the fluctuation of exchange rates
Shipment of the original offer to a buyer is called accommodation
Indicate whether the statement is true or false
On January 4, Year 1, Barber Company purchased 11,500 shares of Convell Company for $138,000 plus a broker's fee of $3600. Convell Company has a total of 57,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.75 per share, and its net income was $111,000 and $106,000 for Year 1 and Year 2, respectively. The January 12, Year 3, entry to record Barber's sale of 6900 shares of Convell Company stock, which represents 60% of Barber's total investment, for $93,150 cash should be:
A. Debit Cash $93,150; credit Gain on Sale of Investment $8190; credit Equity Method Investments $84,960. B. Debit Cash $93,150; debit Loss on Sale of Investment $48,450; credit Equity Method Investments $141,600. C. Debit Cash $93,150; credit Gain on Sale of Investment $17,250; credit Equity Method Investments $75,900. D. Debit Cash $93,150; debit Loss on Sale of Investment $7500; credit Equity Method Investments $100,650. E. Debit Cash $93,150; debit Loss on Sale of Investment $17,250; credit Equity Method Investments $110,400.