The garrett company uses the perpetual inventory system. although its inventory records indicated $18,000 in the inventory, a physical count showed only $16,250. which of the following answers indicates the effect of the necessary write-down entry? assets = liab. + equity rev. - exp. = net inc. cash flow a. (1,750) na (1,750) na 1750 (1,750) na b. na 1750 (1,750) na 1750 (1,750) na c. 16,250 na 16,250 16,250 na 16,250 16,250 ia d. (18,000) na (18,000) (18,000) na (18,000) na

solution:

as, mean is defined as sum of all the observations divided by total number of observations.

and , median is mid value of the data whether arranged in ascending order or descending order.

consider, roadsters:

2,3,4,5,6,7,8,9

mean =

also, median= , because number of observations is even, so median is mean of two mid values.

now, coming to bandits

2,3,4,5,6

mean =  

median = 4, as number of observations is odd.

so, roadsters has greater median as well mean than bandits.

→option a is true about the repairs performed on 2 types of cars:

bandits have lower median and mean than roadsters.

-6 is the correct option from the above given options

good luck on ur quiz test or homework. have a good day : )