The shape of the normal probability distribution is determined by the population standard deviation ?

Small values of ? reduce the height of the curve and increase the spread; large values of ? increase the height of the curve and reduce the spread. Indicate whether the statement is true or false


FALSE

Business

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On December 31, Strike Company sold one of its batting cages for $50,000 . The equipment had an original cost of$310,000 and has accumulated depreciation of $260,000 . Depreciation has been recorded up to the end of theyear. What is the amount of the gain or loss on this transaction?

a. no gain or loss b. loss of $50,000 c. gain of $50,000 d. cannot be determined

Business

Competitive markets are economic battlefields. True or false? Explain.

What will be an ideal response?

Business

Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal immigration status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes

after Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is a. fraud in the inducement; a real defense. b. fraud in the execution; a real defense. c. unauthorized completion; a personal defense. d. breach of contract; a real defense.

Business

A company that reports a discontinued operation or an extraordinary item must also report earnings per share for each of these line items in the notes to the financial statements

Indicate whether the statement is true or false

Business