Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 400 students taken from this year's student body showed the following number of students in each classification.
Freshmen113Sophomores98Juniors115Seniors74?
We are interested in determining whether or not there has been a significant change in the classifications between the last school year and this school year. The calculated value for the test statistic equals
A. .54.
B. .65.
C. 2.063.
D. 2.664.
Answer: C
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On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The fair value of the Lite stock investment at the end of 2018 was $210,000. Which of the following amounts are correct assuming that Como elected to use the fair value option to account for the Lite investment?2018 December 31, 2018 Income carrying value
A. $91,000 $273,000 B. $18,000 $210,000 C. $28,000 $210,000 D. $81,000 $263,000
Describe the functional perspective of small group communication.
What will be an ideal response?
Trump Company Other revenues $110,000 General and administrative expenses $250,000 Dividends $120,000 Gross profit $750,000 Selling expenses $220,000 Income tax expense $117,000 Refer to the information provided for Trump Company. What is Trump Company's income from operations?
A) $160,000 B) $280,000 C) $220,000 D) $120,000
You recently hired a catering service for an important awards ceremony for the members of your organization. Some of the menu choices were poorly prepared and the service was slow. You were dissatisfied with the service and would like to send a message to the owner of the catering business. How would this owner benefit from your constructive criticism? What tone should the message have?