Which of the following statements is true about r2?
A) It is also called the coefficient of correlation.
B) It is also called the coefficient of determination.
C) It represents the percent of variation in X that is explained by Y.
D) It represents the percent of variation in the error that is explained by Y.
E) It ranges in value from -1 to + 1.
B
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Accounts receivable turnover is calculated by dividing ________________________________________ by average net accounts receivable
Fill in the blank(s) with correct word
Intrapreneurs are also called ______.
a. corporate entrepreneurs b. semi-independent innovators c. venture initiators d. innovation agents
Profit margin indicates the portion of sales that
a. covers fixed expenses. b. is not used to cover expenses. c. equals contribution margin. d. equals product contribution margin.
For the past five years, Mookie Consulting Services reported the following annual net income and dividend amounts: YearNet IncomeDividends1$22,000 $2,000 2 17,000 2,000 3 9,000 1,000 4 14,000 3,000 5 25,000 4,000 If Mookie had Retained Earnings of $88,000 at the end of year 5, what was the company's Retained Earnings at the beginning of Year 1?
A. $13,000. B. $7,000. C. $1,000. D. $25,000.