A textbook publisher for books used in business schools believes that the number of books sold is related to the number of campus visits to decision makers made by their sales force. A sampling of the number of sales calls made and the number of books sold is shown in the following table. # OF SALES CALLS MADE # OF BOOKS SOLD
25 375
15 250
25 525
45 825
35 550
25 575
25 550
35 575
25 400
15 400

Sales Calls Made Versus Number of Books Sold Summary
Measure Value
Error Measures
Cummulative For. Error = 0
MAD = 72.5
MSE = 5550.986
Standard Error (denom=n=8) = 83.299
MAPE = 0.163
Regression Line
Books Sold = 104,605
+ 14.737 * Sales Calls Made
Statistics

What percent in the variation of the variable Books Sold is explained by the value of the variable Sales Calls Made?
A) 86.5%
B) 83.3%
C) 74.8%
D) 72.5%

The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000

What cylinder head operation is the technician performing in this figure?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.