Use the following adjusted trial balance and prepare a prope…

Use the following adjusted trial balance and prepare a properly formatted Balance Sheet. Raven Tales Corporation Adjusted Trial Balance March 31   Dr. Cr. Cash $10,800   Accounts receivable 3,500   Office supplies 650   Automobile           30,200   Accounts payable   $2,600 Salaries Payable   1,200 Common stock   21,150 Retained earnings   12,330 Dividends 7,000   Revenues Earned   32,200 Rent expense 8,000   Advertising expense 1,200   Office salaries expense 7,600   Office supplies expense 530   Totals $69,480 $69,480

 It is believed that, the average numbers of hours spent stu…

 It is believed that, the average numbers of hours spent studying per day (HOURS) during undergraduate education should have a positive linear relationship with the starting salary (SALARY, measured in thousands of dollars per month) after graduation. Given below is the output from regressing starting salary on number of hours spent studying per day for a sample of 51 students.    NOTE: Some of the numbers in the output are purposely erased.   ANOVA   df SS MS F Significance F Regression   335.0472 335.0473 178.3859   Residual     1.8782     Total 50 427.0798           Coefficients Standard Error t Stat P-value Intercept -1.8940 0.4018   2.051E-05 Hours 0.9795 0.0733   5.944E-18   Based on the above information, answer the following four questions.