If you want to describe a population with more than two categories, you can use a chi-squared ____________________ test
Fill in the blank(s) with correct word
goodness-of-fit
goodness of fit
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On January 1, 2018, Waddle Company adopted a compensatory stock option plan and granted its managers 10,000 options to buy shares of common stock; each option can be used to acquire a share of common stock at a price of $25 a share. The fair value of each option was $7.50 on January 1, 2018. The options can be converted into common stock after July 1, 2018. The required service period is three years. What is the balance in paid-in capital-stock options as of December 31, 2019 assuming that the fair value approach to accounting for stock options is used?
A. $100,000 B. $25,000 C. $50,000 D. $0
Watson Company has 5,000 shares of $5 par, 3% preferred stock outstanding, and 25,000 shares of $2 par common stock outstanding. The preferred stock is cumulative and no dividends have been paid for the past two years. If the company wishes to distribute $2 per share to the common stockholders, what is the total amount of dividends that must be paid in the current year?
a. $2,250 b. $50,000 c. $50,750 d. $52,250
The inventory system in which the merchandise inventory account balance is merely a record of the most recent physical inventory count is called
a. perpetual; b. FIFO; c. LIFO; d. periodic; e. specific identification.
______ rewards employees for the acquisition of new skills that lead to enhanced work performance.
A. Skill-based pay B. Job content-based pay C. Performance-based pay D. Seniority-based pay