Use the Following Information for Questions
Metzger Company Compiled

question 186

Multiple Choice

Use the following information for questions
Metzger Company compiled the following financial information as of December 31, 2011: $$\begin{array} { l r } \text { Revenues } & € 140,000 \\\text { Retained earnings } ( 1 / 1 / 11 ) & 70,000 \\\text { Equipment } & 40,000 \\\text { Expenses } & 125,000 \\\text { Cash } & 35,000 \\\text { Dividends } & 10,000 \\\text { Supplies } & 5,000 \\\text { Accounts payable } & 20,000 \\\text { Accounts receivable } & 15,000 \\\text { Share capital ordinary } & 25,000\end{array}$$
-Metzger's equity on December 31, 2011 is

• A)€70,000.
• B)€60,000.
• C)€75,000.
• D)€85,000.

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Definitions:

F-distribution

A probability distribution used in analysis of variance (ANOVA), important for comparing variances between groups.

Degrees Of Freedom

The total number of autonomous values or numbers that can be ascribed to a statistical distribution.

Null Hypothesis

A hypothesis that suggests there is no statistical significance in a set of given observations, serving as the default assumption until evidence indicates otherwise.

Population Variances

A measure of the dispersion or spread of a population's values around the mean.