The days' sales in inventory ratio is computed by dividing ending inventory by cost of goods sold and multiplying the result by 365.
Answer the following statement true (T) or false (F)
True
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According to communication researchers, the society consists of ________, small groups whose members interact frequently
A) intuiters B) buzzers C) cliques D) informants E) campaigners
Walton reported sales of $640,000, fixed costs of $314,000, and a profit of $92,000. If the contribution margin is $8 per unit, how many units did Walton sell?
A) 11,500 units B) 31,125 units C) 50,750 units D) 70,375 units
Jupiter, Inc. signed a one-year $44,000 note payable at 8% interest on May 1, 2016. If Jupiter, Inc. only adjusts its accounts once a year at year-end, how much interest expense was accrued on December 31, 2016?
A) $1,173 B) $3,520 C) $2,347 D) $2,933
A random sample of 81 children with working mothers showed that they were absent from school an average of 6 days per term with a standard deviation of 1.8 days. Provide a 95% confidence interval for the average number of days absent per term for all the children in the school.
What will be an ideal response?