Credit Hours
the College of Business at the State University

question 14

Essay

Credit Hours
The College of Business at The State University of California produced 3,400 credit hours during Spring Semester,2011he number and percentage of credit hours produced by each of the four departments in the College of Business is shown below.
$$\begin{array} { | l | c c | } \hline \text { Department } & \text { Percent } & \text { Count } \\\hline \text { Marketing } & 35.3 & 1.200 \\\text { Management } & 23.5 & 800 \\\text { Finance } & 23.5 & 800 \\\text { Accounting } & 17.6 & 600 \\\hline\end{array}$$ The following three-dimensional pie chart was constructed from the table above.
-Briefly explain why the histogram below is misleading.

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in the assets of a corporation, calculated as total assets minus total liabilities.

Accounts Payable

Amounts a company owes to suppliers or creditors for goods and services received but not yet paid for, recorded as a liability.

Supplies

Items that are used in the day-to-day operation of a business but do not directly relate to the goods or services sold.

Balance Sheet

A financial statement that provides a snapshot of what a company owns (assets), owes (liabilities), and the value of shareholders' equity at a specific point in time.