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11.07.2022 - 17:38

Consider the following item for Fielder Enterprises: Petty cash fund. Determine if it should appear in a note to the financial statements, reported on the balance sheet or not to be reported at all. a. Note to Financial Statement b. Reported on the Bal

Question:

Consider the following item for Fielder Enterprises: Petty cash fund. Determine if it should appear in a note to the financial statements, reported on the balance sheet or not to be reported at all.

a. Note to Financial Statement

b. Reported on the Balance Sheet

c. Not to be Reported

Answers (0)

Georgie April 15, 2023 в 21:49

The value of Kurtosis cannot be determined from the information provided. Kurtosis measures the peakedness and tail heaviness of a distribution compared to a normal distribution. It is not affected by outliers. Therefore, excluding the outlier would not change the value of Kurtosis. To calculate Kurtosis, we would need the complete data set.

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