During classification in data mining, a false positive is an occurrence classified as true by the algorithm while being false in reality
Indicate whether the statement is true or false
TRUE
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Japan has a greater number of differences than the U.S. between the amount of income reported to stockholders and that reported to the taxing authorities
a. True b. False Indicate whether the statement is true or false
Daniel Corporation had net income for 2018 of $75,000. Daniel had 6000 shares of common stock outstanding at the beginning of the year and 22,000 shares of common stock outstanding at the end of the year. There were 8000 shares of preferred stock outstanding all year. During 2018, Daniel declared and paid preferred dividends of $26,000. On December 31, 2018, the market price of Daniel's common stock is $45 per share and the market price of its preferred stock is $73 per share. What is Daniel's price/earnings ratio at December 31, 2018? (Round any intermediate calculations and your final answer to the nearest
A) 12.86 B) 20.86 C) 13.20 D) 13.63
Shelton Brothers, Inc Shelton Brothers uses a periodic inventory system. It purchased merchandise from BXP on account Inc on July 7, 2012, for $15,000. The credit terms were 1/10, n/30. Shelton paid the amount due on July 15. Refer to the information provided for Shelton Brothers, Inc What effect does recording the purchase of merchandise on July 7, 2012, have on Shelton's accounting equation?
A) Assets and liabilities increase. B) Liabilities increase and equity decreases. C) Assets and equity increase. D) Liabilities and equity decrease.
The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition?
A. $30 per calculator B. $8 per calculator C. $53 per calculator D. $67 per calculator