Consider the Following to Answer the Question(s) Below

question 2

Multiple Choice

Consider the following to answer the question(s) below:
The table below shows closing share prices for a small sample of companies.

-The standard deviation in closing share prices is

• A) $31.43
• B) $44.65
• C) $56.99
• D) $62.19
• E) $75.77

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Definitions:

Useful Lives

The period over which an asset is expected to be usable by an organization, reflecting its anticipated period of economic benefit.

Revaluation Method

An accounting technique used to adjust the carrying value of an asset to its current market value.

Disclosure of Balances

Involves the requirement in financial reporting to provide detailed information about the balances of different accounts on the balance sheet or within the financial statements.

Useful Life Estimates

Projections or assessments of the duration during which an asset is expected to be economically viable and productive for its intended purpose.