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ICE Princess25 [194]
3 years ago
9

Before polling students in the Scion of Business, a researcher divides all the current students into groups based on their class

standing (freshman, sophomores, etc). Then, she randomly draws a sample of 50 students from each of these groups to create a representative sample of the entire student body in the school. Which of the following sampling methods is the researcher practicing?
A. Simple random sampling
B. Systematic random sampling
C. Stratified random sampling
D. Cluster sampling
E. Snowball sampling
Business
1 answer:
kari74 [83]3 years ago
8 0
The answer is C. Stratified random sampling is a method of sampling that involves the division of a population into smaller sub-groups known as strata. In stratified random sampling or stratification, the strata are formed based on members' shared attributes or characteristics such as income or educational attainment. Since the students are divided into classes, this is a stratified random sample.
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3 years ago
An overhead variance report includes which of the followings:
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3 years ago
Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019:
STALIN [3.7K]

Answer:

Crenshaw, Inc.

Cash Budget for the months of April, May, and June:

                                                               April            May           June

Beginning cash balance                  $109,000   $325,000      $419,950

Cash receipts                                     140,700       122,850         153,650

Cash collections from credit sales   197,400        241,200        210,600

Total cash available                        $447,100     $689,050      $784,200

Cash disbursements:

Wages,  taxes, and expenses            79,700          75,200         103,900

Interest                                                9,400             9,400            9,400

Equipment purchases                      33,000             5,500         147,000

Purchases of goods                                               179,000         167,000

Total cash disbursements               122,100         269,100        427,300

Ending balance                            $325,000       $419,950     $356,900

Explanation:

a) Data and Calculations:

Budget for the second quarter of 2019:

                                             April           May             June

Credit sales                    $402,000    $351,000    $439,000

Credit purchases              179,000       167,000      200,000

Cash disbursements:

Wages,  taxes, ^ expenses 79,700        75,200       103,900

Interest                                 9,400          9,400           9,400

Equipment purchases       33,000          5,500       147,000

Predictions:

Uncollectibles                    20,100          17,550          21,950

Collections                       381,900       333,450        417,050

Total credit sales         $402,000      $351,000    $439,000

Cash Collections:

Month of sales 35%       140,700         122,850       153,650

Following month  60%  197,400         241,200       210,600

Total cash collections   338,100        364,050       364,250

4 0
3 years ago
Is the state of matter with the highest temperature
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5 0
3 years ago
Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January
Rainbow [258]

Answer:

Tyler Financial Services

1. Journal Entries:

January 1, 2014:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2014:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

January 1, 2015:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2015:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

2. Journal Entries:

January 1, 2016:

Debit Cash $30,400

Unearned Service Revenue $30,400

To record cash collected for unearned services.

December 31, 2016:

Debit Unearned Service Revenue $9,800

Credit Service Revenue $9,800

To record the earned service revenue for the year.

Explanation:

a) Data and Calculations:

Annual contract fee = $10,500 in 2014 and 2015

Modified contract fee =  $9,800 in 2016

Additional fee from year 3 = $20,600 for 3 more years ($6,867 each year) from 2017 to 2019

b) Cash received ($30,400) on January 1, 2016 includes the $9,800 for 2016 and the $20,600 for the years 2017 to 2019.

8 0
2 years ago
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