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Small business. The director of a small business development center located in a mid-sized city is reviewing data about its clients. In particular, she is interested in ex- amining if the distribution of business owners across the various stages of the business life cycle is the same for white-owned and Hispanic-owned businesses. The data are shown below.
White-Owned
Hispanic-Owned
Planning
11
9
Starting
14
Managing
20
2
Getting Out
15
1
a) Will you test goodness-of-fit, homogeneity, or independence?
b) Write the appropriate hypotheses.
c) Find the expected counts for each cell and explain why chi-square procedures are not appropriate for this table.
d) Create a new table by combining categories so that a chi-square procedure can be used.
e) With this change in the table, what has happened to the number of degrees of freedom?
f) Test your hypothesis about the two groups and state an appropriate conclusion.
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The current carrying value of Pierce's $600,000 face value bonds is $597,750. If the bonds are retired at 102, what would be the amount Pierce would pay its bondholders?
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The net amount required to retire a bond before maturity (assuming no call premium and constant interest rates) is the:
Lynn transfers land having a $50,000 adjusted basis, an $80,000 FMV and $10,000 cash to Allied Corporation in exchange for 100% of Allied's stock. The corporation assumes the $70,000 mortgage on the land. How much is Lynn's recognized gain?
The problem belongs to Accounting and it discusses about what equals cumulative cash balance in a cash budget
Prepare a Schedule of Expected Cash Collections for November and December. Prepare a Merchandise Purchases Budget for November and December.
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