The key to using stratified sampling is:

a. identifying the strata b. selecting the appropriate strata
c. defining the strata d. randomizing the strata


b

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The closing entry for dividends includes a debit to the Dividends account and a credit to Retained Earnings.

Answer the following statement true (T) or false (F)

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Which of the following refers to store personnel tailoring the level of service they give based on a customer's perceived ability to pay?

A) sweethearting B) experiential shopping C) retail borrowing D) off-price retailing E) customer profiling

Business

Acme Explosives Inc is an international producer of creative demolition products. Selected financial information for Acme is provided in the table below. Acme wants to distribute all of its cash with a special dividend

The stock price and market capitalization of the company immediately after the announcement are shown in the table. What price will the stock trade at on the ex-dividend day? Selected Financial Information for Acme Corporation Cash $28,738.2M Market Capitalization $177,809.7M Shares Outstanding 6,330M Stock Price $28.09 Debt $0 A) $22.91 B) $23.55 C) $26.33 D) $28.09 E) $31.11

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Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were:  Cost PercentCompleteMaterials costs$5,500   50% Conversion costs$1,700   20%  A total of 6,800 units were started and 6,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:  CostMaterials costs$158,700 Conversion costs$120,400  The ending inventory was 85% complete with respect to materials and 75% complete with respect to conversion costs. What are the equivalent units for conversion costs for the

month in the first processing department? A. 6,925 B. 6,100 C. 7,200 D. 825

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