A sampling unit
a. must have one element.
b. may include several elements.
c. can not include more than one element.
d. is the number of units sampled.
b
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One of the five basic business processes is the warehousing cycle.
Answer the following statement true (T) or false (F)
In the countries which score _________ on power distance, subordinates are more likely to disagree with their leaders and desire a ‘consultative style’ of management.
A) Low B) High C) In the middle D) None of the above
You have been provided with the following information regarding the Closure Manufacturing Company: Sales Price$50Variable manufacturing cost per unit 24Fixed manufacturing costs per unit 12Variable marketing cost per unit 6Fixed administrative costs per unit 3This information is based on forecasted sales of 33,000 units.Required:(a) What is the expected operating profit for the upcoming year?(b) What is the break-even point in dollars?(c) How much in sales dollars is required to generate an operating profit of $275,000?
What will be an ideal response?
On January 1, a company issued 10%, 10-year bonds with a par value of $720,000. The bonds pay interest each July 1 and January 1. The bonds were sold for $817,860 cash, based on an annual market rate of 8%. Prepare the issuer's journal entry to record the first semiannual interest payment assuming the effective interest method is used.
What will be an ideal response?