Which of the following techniques is used to generalize findings from your sample to the population?
a.Descriptive statistics
b.Nonparametric statistics
c.Inferential statistics
d.Qualitative analysis
ANS:C
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Assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction, the entry to record the payment of a previously declared and recorded cash dividend will
a. increase the current ratio and the quick ratio. b. decrease the current ratio and the quick ratio. c. increase the current ratio but have no effect on the quick ratio. d. have no effect on the current ratio or the quick ratio.
Beach Corporation, which produces a single product, budgeted the following costs for its first year of operations. These costs are based on a budgeted volume of 30,000 towels produced and sold: Direct materials$96,000Direct labor$48,000Variable manufacturing overhead$72,000Fixed manufacturing overhead$60,000Variable selling and administrative expenses$12,000Fixed selling and administrative expenses$36,000 During the first year of operations, Beach Corporation actually produced 30,000 towels but only sold 24,000 towels. Actual costs did not fluctuate from the cost behavior patterns described above. The 24,000 towels were sold for $16 per towel. Assume that direct labor is a variable cost.Under absorption costing, what is Beach Corporation's actual net operating income for its first
year? A. $115,200 B. $60,000 C. $117,600 D. $124,800
A computer ____________________ is a collection of computing devices connected to shared resources such as files, software, processors, storage, and printers.
Fill in the blank(s) with the appropriate word(s).
Developing what first while you are in college will help you with your personal finances after graduation?
A) Mindset B) Smart Spending Habits C) Goals D) Education E) Income