B
a demand deposit lets you withdraw money without advice notice
Answer:
$14,000
Explanation:
Amount of interest expense = [(Bond issued by 'S' company x 9%) - Amount of
premium x (unsold bonds / Bonds issued)]
= (300,000 x 0.09) - 60000/10 x 200,000/300,000
= (27,000 - 6000) x 0.66667
= 21,000 x 0.66667
= $14,000
The 95% confidence interval will be wider than the 90% confidence interval.
In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.
- The level of certainty or uncertainty in a sampling process is measured by confidence intervals.
- Additionally, they are employed in regression analysis and hypothesis testing.
- To determine statistical significance, statisticians frequently combine confidence intervals with p-values.
- 95% or 99% confidence levels are most frequently used in their construction.
Learn more about Confidence interval, here
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Answer:
$3,942
Explanation:
Step 1 : Determine number of units sold
Units Sold = Total units available for sale - Units remaining in inventory
= (45 + 157 + 22) - 56
= 168 units
Step 2 : Determine Cost of goods sold
<em>FIFO assumes that the units to arrive first will be sold first.</em>
Cost of goods sold = (45 units x $22) + (123 units x $24)
= $3,942
The amount allocated to cost of goods sold for July is: $3,942
