In the exponential distribution, X takes on an infinite number of possible values in the given range
Indicate whether the statement is true or false
T
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Suppose the quantity demanded for a security is BD = 150 ? 0.1b,and the quantity supplied of the security is BS = 50 + 0.1b,where b is the price of the security in dollars. The equilibrium price of the security is
A. $50. B. $125. C. $250. D. $500.
A management accountant was working on a cash budget for Oklahoma Company when he accidentally spilled his coffee. Some of the liquid splattered on his working papers rendering a few of the amounts illegible. The budget with missing amounts indicated is provided below:
The company desires a cash cushion of $7,500 to start each month. In any month in which there is cash shortage the company's bank will extend it a loan equal to the shortage amount. The loan is assumed to have been made on the last day of the month. Any time the company has a cash surplus it must repay as much of any outstanding loans as possible. The bank charges monthly interest of 1% on
any outstanding loan balance. Required: Compute the missing amounts and enter them in the following table:
What will be an ideal response?
A debit has an unfavorable effect on an account
Indicate whether the statement is true or false
A change in the estimated useful life of a building
a. is not allowed by generally accepted accounting principles. b. affects the depreciation on the building beginning with the year of the change. c. must be handled as a retroactive adjustment to all accounts affected, back to the year of the acquisition of the building. d. creates a new account to be recognized on the income statement reflecting the difference in net income up to the beginning of the year of the change.