Answer:
- a. Population proportion = 0.40
- b. Sample proportion = 0.35
Explanation:
Question wants to know the population proportion and the sample proportion.
a. Population proportion:
The population in this case is the U.S. workers employed as purchasing managers. The proportion that we are interested in is the 40% that are female.
Population proportion is therefore 0.40.
b. The sample proportion uses the sample details not the population details:
= Number of females employed as Purchasing managers in sample / Number of Purchasing managers in sample
= 70 / 200
= 0.35
N = 1
this is because 4-3 is one
Answer:
Accounts Receivables 1000 debit
Sales Revenues 1000 credit
--to record sale--
COGS 600 debit
Inventory 600 credit
--to record COGS of the previous sale--
Sales Returns 155 debit
Accounts Receivables 155 credit
--to record returned goods--
Inventory 155 debit
COGS 155 credit
--to record goods in good state returning to inventory--
Explanation:
The sale will be reocrded normally then, the return will have two impacts:
first it will decrease the amount of the receivables and make the net sames decrease therefore we will decrease net sales
Last, for the inventory as the godo are in good form and could be resale we record the reception of those good and reverse that portion of COGS sold
The answer is C
Hope this helps :D
