Analyze the Following Study According to the Criteria Set by Your

question 183

Essay

Analyze the following study according to the criteria set by your instructor:
Professor Richard Kennedy of Mosor University believed that there was a link between the amount of coffee people consumed and their reaction time. 100 regular coffee drinkers between the ages 18-35 were studied for this experiment. The participants were instructed to not consume any coffee for 2 weeks prior to the experiment. For the experiment, they were required to press a buzzer when a light in front of them came on. The time they took to press the buzzer after the light came on was considered their reaction time. Their reaction time for 10 trials were measured. The experiment was repeated after the participants consumed coffee. The researchers found that people were more likely to react twice as fast after drinking coffee than before. However, researchers also found that after 2 cups of coffee, there was an inverse relationship between the participants' reaction time and the amount of coffee they consumed. Professor Kennedy concluded that moderate consumption of coffee would be beneficial to people. [This is fictitious experiment.]

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Definitions:

Owner's Capital

The amount of money and other assets contributed by the owner(s) to a business, plus the retained earnings minus any withdrawals.

Accounts Receivable

Amounts owed to a business by its customers for goods or services sold on credit.

Subsidiary Ledger

A detailed ledger that contains the individual accounts needed to support a major ledger account, such as accounts receivable, where individual customer accounts are detailed.

Control Account

An account used in the general ledger to summarize and keep track of transactions relating to a specific aspect of a company's finances, such as accounts receivable or payable.