TRUE. Participation occurs when employees have a voice in decisions about their own work.
Debited to the inventory account.
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The present value of the cash-flow stream if the interest rate is 6% is $323.03.
<h3>What is the interest rate?</h3>
The interest rate can be defined as the amount or the percentage that is being fixed or fluctuating depending upon the condition of the agreement. The interest is calculated on the amount that is being loaned or given to the individual or a company.
According to the given question, the interest rate is 6%
1st year $120
2nd year $320
3rd year $220
Now, by applying the formula for the present value:
= 113.20 + 284.96 + 184.87
= 323.03
The present value of the cash flow stream is $323.03
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Automobile loans is not a type of consumer credit
Answer:
No
Explanation:
Simple random sampling gives each member in the entire population an equal opportunity to be included in the sample. The technique removes bias in the selection procedure. It applies where a small number would adequately represent the entire population.
The procedure described in this case is a deviation of simple random sampling. It is stratified random sampling.
In stratified random sampling, the population is first divided into subgroups based on shared characteristics. The researcher uses simple random sampling to select representatives of each group in the sample population. The techniques ensure each group is fairly represented in the research.
Subdividing vehicles by their make is creating strata or subgroups.
