Use the Following to Answer Questions

question 54

Short Answer

Use the following to answer questions :
The following table gives the cumulative frequency distribution of the commuting time (in minutes)from home to work for a sample of 400 persons selected from a city.

-The number of persons who commute for 20 or more minutes is:

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Definitions:

Paid Note Payable

The satisfaction or settlement of a debt instrument or promissory note through payment by the debtor to the lender according to the agreed terms.

Common Stock

Equity ownership in a corporation, with voting rights and the potential to receive dividends.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Stock Dividend

The payment of additional shares to shareholders instead of cash, usually at a fixed rate, often used by companies to conserve cash.