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Associations For each pair of variables, indicate what association you expect: positive(+),
a. power level setting of a microwave; number of minutes it takes to boil water
b. number of days it rained in a month (during the summer); number of times you mowed
your lawn that month
c. number of hours a person has been up past a normal bedtime; number of minutes it
takes the person to do a crossword puzzle
d. number of hockey games played in Minnesota during a week; sales of suntan lotion in
Minnesota during that week
e. length of a student's hair; number of credits the student earned last year
Maintenance Expenditures
Funds spent on keeping property, equipment, or machinery in operating condition.
Legal Provisions
Conditions or requirements stated in legal documents, such as laws or contracts.
Equity in Subsidiary Earnings
The portion of income attributable to the parent company from its investment in subsidiaries, after intercompany transactions have been eliminated.
Consolidated Financial Statements
Financial statements that integrate the accounting information of a parent company and its subsidiaries, presenting it as one single entity.
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