The Frequency Distribution Below Summarizes Employee Years of Service for Alpha

question 26

Multiple Choice

The frequency distribution below summarizes employee years of service for Alpha Corporation. Determine the width of each class. $$\begin{array} { c | c } \text { Years of service } & \text { Frequency } \\\hline 1 - 5 & 5 \\6 - 10 & 20 \\11 - 15 & 25 \\16 - 20 & 10 \\21 - 25 & 5 \\26 - 30 & 3\end{array}$$

• A) 4
• B) 10
• C) 6
• D) 5

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Definitions:

Income Ratio

A financial metric comparing earnings to another element, such as sales or assets, to assess profitability or performance.

Partnership Agreement

A legal document that specifies the terms and conditions under which a partnership operates, including profit sharing and decision-making processes.

Capital Accounts

Accounts used to record the financial contributions, withdrawals, and the share of profit or loss of owners in a partnership or in their personal accounts.

Unlimited Life

A concept in accounting that assumes a company will continue to operate indefinitely, allowing for the deferral of certain expenses over a long period.