What is the minimum score that is needed to be chosen


Problem: At a large local manufacturer, 200 job applicants completed a qualification test with a mean of 70 and a standard deviation of 5. If only the top 20% of the applicants are chosen, what is the minimum score that is needed to be chosen? The Natural Company's cash balance at December 31, 20X1, was $160,000. Net Income $ 372,000 Depreciation 114,000 Increase in Accounts Receivable 59,000 Increase in Inventory 124,000 Decrease in Accounts Payable 40,800 Dividends Paid to Shareholders 25,500 Proceeds from Sale of Common Stock 510,000 Repayment of Bonds Payable 210,000 Proceeds of Sale of Equipment with Book Value of $88,000 53,000 Purchase of Land and Building 320,000 The Natural Company's Statement of Cash Flows would report Cash Flows from Operating Activities of:

 

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Accounting Basics: What is the minimum score that is needed to be chosen
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