Reference no: EM13912008
1. Consider calculating a student's grade point average using a scale where 4.0 represents an A and 0.0 represents an F. Explain why the grade point average is a weighted mean. What are the xi values? What are the weights?
2. When we perform grouped data calculations, we represent the measurements in a class by using the midpoint of the class. Explain the assumption that is being made when we do this.
3. When we compute the mean, variance, and standard deviation using grouped data, the results obtained are approximations of the population (or sample) mean, variance, and standard deviation. Explain why this is true.
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Assume straight-line amortization
: Cramer Company sold five-year, 6% bonds on October 1, 2016. The face amount of the bonds was $180,000, while the issue price was $190,000. Interest is payable on April 1 of each year. The fiscal year of Cramer Company ends on December 31. How much in..
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Logistics systems deal with topic
: Logistics systems deal with topics such as investment management, financing operations, raising capital, risk analysis, and credit approval.TrueFalse
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The bond premium was amortized on straight-line basis
: On January 1, 2011, F Corp. issued 2,800 of its 9%, $1,000 bonds for $2,884,000. These bonds were to mature on January 1, 2021, but were callable at 101 any time after December 31, 2014. Interest was payable semi annually on July 1 and January 1. On ..
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Recognize as gain on redemption of bonds before income taxes
: On June 30, 2016, K Co. had outstanding 8%, $17,000,000 face value bonds maturing on June 30, 2021. Interest is payable semi annually every June 30 and December 31. what amount should K Co. recognize as gain on redemption of bonds before income taxes..
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Explain why the grade point average is a weighted mean
: Consider calculating a student's grade point average using a scale where 4.0 represents an A and 0.0 represents an F. Explain why the grade point average is a weighted mean. What are the xi values? What are the weights?
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Notes payable interest accrual and payment
: Notes payable interest accrual and payment. Proco had an account payable of $84,000 due to Shirmoo, Inc., one of its suppliers.
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Bond issue proceeds increase shareholders equity
: On March 1, 2016, E Corp. issued $1,000,000 of 8% nonconvertible bonds at 103, due on February 28, 2026. Each $1,000 bond was issued with 30 detachable stock warrants, each of which entitled the holder to purchase, for $80, one share of Evan's $25 pa..
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Calculate firm ls average stockholders equity
: Firm L had net assets at the end of the year of $365,000. The only transactions affecting stockholders' equity during the year were net income of $56,000 and dividends of $26,000.
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How much gain-loss should be recognized on bond retirement
: On February 1, 2015, Pat Weaver Inc. (PWI) issued 8%, $1,800,000 bonds for $2,100,000. PWI retired all of these bonds on January 1, 2016, at 102. Unamortized bond premium on that date was $183,600. How much gain or loss should be recognized on this b..
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