The percentage of variation ( ) can be interpreted as the fraction (or percent) of variation of the

a. explanatory variable explained by the independent variable
b. explanatory variable explained by the regression line
c. response variable explained by the regression line
d. error explained by the regression line


c

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When there are preferred shares outstanding, the calculation of book value per share of common stock must first take into consideration the claims or equity of the preferred stock

a. True b. False Indicate whether the statement is true or false

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Which term refers to selling commodities of similar grade and quality to two or more different buyers at different prices, within a reasonably short time, where the result would be to substantially lessen competition?

A. Price discrimination B. Price fixing C. Bait pricing D. Penetration pricing

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Consumer behavior refers to

A. the five stages a buyer passes through in making choices about which product and service to investigate, purchase, and consume. B. the mental and social processes related to purchasing that are innate in a person from birth. C. those purchasing behaviors that result from (1) repeated experience and (2) reasoning. D. the aspects of a consumer's decision-making processes that cannot be measured. E. the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions.

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Under the perpetual inventory system, the journal entry to record the freight paid by the seller on goods sold is:

A) Cash XX Sales Discount XX Accounts Receivable XX B) Delivery Expenses XX Cash XX C) Cash XX Accounts Receivable XX D) Merchandise Inventory XX Cash XX

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