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What relationship if any do you notice between profit and

Able 2.16 contains a portion of the data in the file named fortune. Data on stock holders' equity, market value, and profits for a sample of 50 Fortune 500 companies are shown.

A. Prepare a cross tabulation for the variables stockholders' equity and profit. Use classes of 0-200, 200-400,...., 1000-1200 for profit, and classes of 0-1200, 1200-2400,......,4800-6000 for stockholders' equity

B. Computer the row percentages for your cross tabulation in part (a).

C. What relationship, if any, do you notice between profit and stockholders' equity.

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Managerial Accounting: What relationship if any do you notice between profit and

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