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NEW QUESTION 40
A student suspects that this January has been much colder than in years past. The student decides to test this belief by looking at the daily mean temperatures for that month. The historical mean daily temperature for January was 29(O)F. The student's data show that the average daily mean temperature for this January was 27(O)F. Based on the student's theory and the information above, what is the correct alternative hypothesis?

A. HA. u<29B. H u>29C. HA. u<27D. HA. u>27

Answer: A

 

NEW QUESTION 41
A company sold a piece of equipment to another party for $150,000. The equipment was originally purchased for $300,000. Depreciation of $200,000 had been recognized against the equipment. How would the accounting equation for the company be impacted upon the disposal of the equipment?

A. Assets decreased by $100,000 and assets increased by $100,000.B. Assets increased by $50,000 and owner's equity increased by $50,000.C. Assets increased by $150,000 and owner's equity increased by $150,000.D. Assets decreased by $100,000 and owner's equity increased by $100,000.

Answer: B

 

NEW QUESTION 42
Deferred Taxes can be which of the following account types? (Select all that apply.)

A. ExpenseB. AssetC. Owner's EquityD. RevenueE. Liability

Answer: B,E

 

NEW QUESTION 43
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