Examlex

Solved

The Following Is a List of Annual Salaries (In Dollars)

question 13

Multiple Choice

The following is a list of annual salaries (in dollars) for a group of mid-level managers in a large company. 98,000115,00075,00088,00065,000107,00072,00071,00088,00057,00088,00073,00097,00085,00087,00073,00093,00088,00071,00065,00087,00083,00075,00044,00081,00076,00081,00089,000\begin{array} { r r r r } \hline 98,000 & 115,000 & 75,000 & 88,000 \\65,000 & 107,000 & 72,000 & 71,000 \\88,000 & 57,000 & 88,000 & 73,000 \\97,000 & 85,000 & 87,000 & 73,000 \\93,000 & 88,000 & 71,000 & 65,000 \\87,000 & 83,000 & 75,000 & 44,000 \\81,000 & 76,000 & 81,000 & 89,000 \\\hline\end{array}
-What is the median of the salaries (rounded to a whole number) ?

Acquire knowledge on the treatment of permanent loss in value of investments under the equity method.
Gain insights into how dividends and net income of investees affect the investor's financial statements under the equity method.
Learn the treatment of Other Comprehensive Income (OCI) in relation to equity method investments.
Understand how to adjust the investment account balance for changes in ownership percentage, including acquisition costs, fair value adjustments, and amortization of excess cost over book value.

Definitions:

Elastic Demand Curve

A demand curve characterized by a high sensitivity of quantity demanded to changes in price, indicating that a small price change results in a large change in quantity demanded.

Heating Oil

A low viscosity, liquid petroleum product used as a fuel for furnaces or boilers in buildings.

New Automobile

A recently manufactured vehicle intended for personal transportation, featuring the latest technology and design.

Cigarettes

Narrow cylindrical rolls of finely cut tobacco encased in paper, intended for smoking.

Related Questions