Computing z-score for an income
The mean of a normally distributed group of weekly incomes of a large group of executives is $1,000 and the standard deviation is $100. What is the z-score for an income of $1,100?
A) 1.00
B) 2.00
C) 1.683
D) -0.90
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Kline Company, an accrual basis calendar year corporation, reported $560,000 net income before tax on its financial statements prepared in accordance with GAAP for 2012. Kline%u2019s records reveal the following information.
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