The Number of Vehicles Passing Through a Bank Drive -Up $\begin{array} { l l l l } 25 & 27 & 25 & 28 \end{array}$

question 22

Multiple Choice

The number of vehicles passing through a bank drive -up line during each 15-minute period was recorded. The results are shown below. Find the median number of vehicles going
Through the line in a 15-minute period.
$\begin{array} { l l l l } 25 & 27 & 25 & 28 \end{array}$
$\begin{array} { l l l l } 28 & 25 & 30 & 27 \end{array}$
$\begin{array} { l l l l } 35 & 31 & 31 & 29 \end{array}$
$\begin{array} { l l l l } 24 & 31 & 25 & 20 \end{array}$
$\begin{array} { l l l l } 15 & 27 & 27 & 27 \end{array}$

• A) 26.85 vehicles
• B) 28 vehicles
• C) 27 vehicles
• D) 31 vehicles

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Definitions:

Reconciling Columns

The process of ensuring two sets of figures or account balances agree or match, often used in accounting.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.

Financing Activities

Transactions and events where a company raises capital or repays investors, including issuing shares or borrowing money.

Direct Method

A method for preparing the cash flow statement that lists major classes of gross cash receipts and payments.