When scholastic achievement test scores (sats) are sent to test-takers, the percentiles associated with scores are also given. suppose a test-taker scored at the 55th percentile on the verbal part of the test and at the 48th percentile on the quantitative part. interpret these results. a.this student performed better than 55% of the other test-takers on the verbal part and better than 52% on the quantitative part. b.this student performed better than 55% of the other test-takers on the verbal part and better than 48% on the quantitative part. c.this student performed better than 45% of the other test-takers on the verbal part and better than 52% on the quantitative part. d.this student performed better than 45% of the other test-takers on the verbal part and better than 48% on the quantitative part.

Diggity dank corporation uses an activity-based costing system with two activity cost pools. diggity dank uses direct labor hours as the measure of activity in the first activity cost pool and the number of orders in the second activity cost pool. the following information relates to these two activity cost pools for last year: what was diggity dank's under- or overapplied overhead for last year? a. $17,000 overapplied b. $20,000 underapplied c. $27,000 underapplied d. $73,000 overapplied

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Increases in output and increases in the inflation rate have been linked to