An assumption made about the value of a population parameter is called a(n)
a. hypothesis.
b. conclusion.
c. error.
d. probability.
a
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On December 1, 2018, Garland, Inc. had 200,000 shares of $1 par value common stock issued and outstanding. The next day, Garland declared and distributed a 50% stock dividend. The market value of the stock on December 2, 2018 was $9 per share. Prepare the journal entry for the transaction. Omit explanation.
What will be an ideal response?
Financial Data for four automotive parts manufacturers is given below:
a) Using the financial data given in the above table, create income statements for each firm. Assume a common tax rate of 40% for each company.
b) Determine the break-even points in both units and dollars, and the degrees of operating, financial, and combined leverage for each firm.
c) How many units would each company need to sell in order to achieve EBIT of $15M?
d) Create a Line chart that shows the various leverage measures for each company.
Baraban Corporation has provided the following data for its most recent year of operation: Selling price per unit$47 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$130,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$63,000 Units in beginning inventory0Units produced during the year10,000Units sold during the year9,000Units in ending inventory1,000The unit product cost under absorption costing is closest to:
A. $34.00 B. $21.00 C. $13.00 D. $39.00
ISO 9000:2015 is designed as:
A) a 12-step process. B) a complete set of documentation to run any business. C) a method of sampling to prevent defects in any process. D) a set of technical standards to establish inspection limits. E) a process approach to management.