A measure of internal consistency reliability that is the average of all possible split-half coefficients resulting from different splittings of the scale items is called ________
A) coefficient alpha
B) coefficient beta
C) coefficient gamma
D) coefficient theta
E) splitting consistency
A
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Journalize the following transaction for a merchandiser that uses the perpetual inventory system. Sold goods for cash, $1,200 (cost $750). Omit explanations.
What will be an ideal response?
A company reported the following data: ?Year 1Year 2Cost of goods sold$317,500$279,100Average inventory72,00093,000Required:1. Calculate the company's merchandise inventory turnover for each year.2. Comment on the company's efficiency in managing its inventory.
What will be an ideal response?
The preferred stock of a firm sometimes includes a cumulative feature. This means that:
A. holders of preferred stock have a claim on assets that comes before common stockholders if the firm goes out of business. B. if the firm skips a preferred dividend in one period, the amount it must pay the next period is equal to the dividend for that periodplusthe amount of the dividend it skipped in the previous period. C. the firm must pay any back taxes, legal expenses, wages owed to workers, and debts owed to creditors before the owners of the firm get anything. D. if the firm issues new stock, existing stockholders can purchase new shares in proportion to their existing holdings before the stock is offered to the other investors.
Beta is a more relevant measure of risk to an investor with a well-diversified portfolio than to an investor who holds only one stock
Indicate whether the statement is true or false