For Which of the Following Set of Numbers Are the Mean

question 21

Multiple Choice

For which of the following set of numbers are the mean, median, and mode the same value?

• A) 1 2 3 3 4 4 4 4 4 5 5 6 7
• B) 1 1 2 2 3 3 4 4 5 5 6 6 7 7
• C) 1 1 1 2 3 3 4 4 5 5 6 7 7 7
• D) All of the above

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Definitions:

Dividends in Arrears

Unpaid dividends on cumulative preferred stock that must be paid out before any dividends can be distributed to common shareholders.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its owners as dividends.

Journal Entries

The recordings of financial transactions in a ledger, marking the first step in the accounting cycle.

Year-End Balance

The financial position of an account at the end of the fiscal year after all debits and credits are taken into account.