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Need some help with the question attached as images, thank you! Question 5 Cardi

ID: 2448314 • Letter: N

Question

Need some help with the question attached as images, thank you!

Question 5 Cardinals Corporation purchased a computer on December 31, 2013, for $168,000, paying $48,000 down and agreeing to pay the balance in five equal installments of $24,000 payable each December 31 beginning in 2014, An assumed interest rate of 8% is implicit in the purchase price and agreeing to se price. Prepare the journal entry at the date of purchase. (Round answers to O decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round factor values to 5 decimal places, e.g. 1.25124.) Date Account Titles and Explanation Debit Credit December 31, 2013

Explanation / Answer

Q-Mart is interested in comparing its male and female customers. Q-Mart would like to know if its female charge customers spend more money, on average, than its male charge customers. They have collected random samples of 25 female customers and 22 male customers. On average, women charge customers spend $102.23 and men charge customers spend $86.46

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