Assuming a normal distribution which of the following is not true.

A simple ANOVA test was conducted by a telecommunications firm on the mean sales results for four different calling plans. The ANOVA null hypothesis was rejected. What does this indicate?

A 95% confidence interval for dollars spent on back-to-school supplies for one elementary student is $18 to $32.  This can be interpreted to mean:

Why is depreciation expense added back to net income in the operating section of the indirect cash flow statement? (2 points)

What is the interest expense of the second installment? (3 points. Please write positive value as $xx,xxx and negative value as -$xx,xxx)

The following problems (23 – 27) are related with the following information: The comparative balance sheets for the Bale Company for Year 1 and Year 2 are presented below. The dividend declared and paid in Year 2 is $13,500.   Year 1 Year 2 Cash $36,000 $48,000 Noncurrent Assets 132, 000 183,000   Total Assets $168,000 $231,000       Current Liabilities $0 $0 Noncurrent Liabilities 99,000 75,000   Total Liabilities $99,000 $75,000 Contributed Capital $49,500 $90,000 Retained Earnings 19,500 66,000   Total Shareholders’ Equity $69,000 $156,000   Total Liabilities and Shareholders’ Equity $168,000 $231,000 The net income of year 2 is: (3 points. Please write positive cash flows as $xx,xxx and negative cash flows as -$xx,xxx)

The following questions (30 – 32) are related with the following information: On January 1, 2010, Brightstar Inc. issues $1,000,000 of 8%, semiannual 3-year coupon bonds with yield-to-maturity of 10%. The present value of all future cash flows is $949,242. What is the cash raised from the bond issuance? (3 points. Please write positive value as $xx,xxx and negative value as -$xx,xxx)

Prepaid assets are valued on the balance sheet at (2 points)

Rapidly growing firms must often _____ to finance their acquisitions of noncurrent assets

What is the amount of cash paid to suppliers for merchandise during year 8? (3 points. Please write positive value as $xx,xxx and negative value as -$xx,xxx)