Find the Mean

question 65

Short Answer

Find the mean. 12 8 14 12 11 18 18 12

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Definitions:

Sundry Liabilities

Generally refers to a category of various minor or infrequent liabilities that a company might incur, which are too small or irregular to warrant individual classification.

One-Line Method

An accounting method used in consolidated financial statements where the investment in a subsidiary is presented as a single line item, reflecting the net assets of the subsidiary.

AASB 11

is an accounting standard that deals with the financial reporting of interests in joint arrangements.

Joint Operations

A business activity in which two or more parties share control and are jointly responsible for management, assets, and liabilities associated with the activity.