How large must a person's salary should be to qualify as an outlier on the high side? How many outliers are there in these data?


A person's salary should be somewhere above $70,000 . There is one male salary that would be considered an outlier (at approximately $80,000)

Business

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Post audits ensure that resources are used wisely by evaluating profitability

Indicate whether the statement is true or false

Business

All of the following statements accurately describe the debt ratio except.

A. It is of use to both internal and external users of accounting information. B. The ratio is computed by dividing total equity by total liabilities. C. A relatively low ratio signifies lower risk. D. Higher financial leverage means greater risk. E. The ratio is computed by dividing total liabilities by total assets.

Business

Which of the following is NOT a prohibited basis under the Equal Credit Opportunity Act:

a. marital status b. sex c. age d. religion e. all of the other specific choices are prohibited bases

Business

Foreign taxpayers (also known as nonresident aliens) generally are subject to federal taxes only on:

a. average wages after taxes b. the tax wedge c. U.S. source income d. all income

Business