When testing for the differences between two averages the s1 in the formula stands for:
A) the size of sample 1
B) survey 1
C) the average of sample 1
D) standard deviation of sample 1
E) standard error of sample 100
D
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Cost of quality training is a component of ______.
A. internal failure costs B. external failure costs C. appraisal costs D. prevention costs
Balance sheet and income statement data indicate the following: Bonds payable, 6% (issued 2000, due 2020 ) $1,200,000 Preferred 8% stock, $100 par (no change during the year) 200,000 Common stock, $50 par (no change during the year) 1,000,000 Income before income tax for year 340,000 Income tax for year 80,000 Common dividends paid 60,000 Preferred dividends paid 16,000 Based on the data
presented above, what is the number of times bond interest charges were earned (round to two decimal places)? A) 5.72 B) 6.83 C) 4.72 D) 4.83
Refer to the selected data provided for Max's Tire Center. Which of the following would result from a vertical analysis of Max's income statement in 2012?
A) Depreciation expense increased $3,000 or 7.14% during 2012. B) Depreciation expense is $45,000 in 2012. C) Depreciation expense is 12.16% of total assets in 2012. D) Depreciation expense is 12.16% of total sales in 2012.
On December 31, of the current year, Spectrum Company's unadjusted trial balance revealed the following: Accounts receivable of $185,600; Sales Revenue of $1,280,000; (75% were on credit), and Allowance for Doubtful Accounts of $1,600 (credit balance).Prepare the adjusting journal entry to record Spectrum's estimate for bad debts assuming:1. 6.0% of the accounts receivable balance is assumed to be uncollectible.2. Bad debts expense is estimated to be 1.5% of credit sales.3. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear on the balance sheet after adjustment assuming the percentage of sales method is used.4. Prepare the entry to write off a $1,500 account receivable on January 1 of the next year.5. Show how Accounts Receivable and the Allowance for
Doubtful Accounts would appear on the balance sheet immediately after writing off the account in part 4 assuming the percentage of sales method is used. What will be an ideal response?