Answer: 0.1282
Explanation:
Total number of possible outcome( total candidates) = 13
Total number of men = 13 - 8 = 5
Total number of women = 8
Number of candidates to be selected = 2
Find the probability that both are men :
Probability of 1st candidate being a male = required outcome ÷ total possible outcome = 5/13
Probability of second candidate being a male, means we now have 4 men left and a total of 12 = 4/12
Therefore, P = (5/13) × (4/12)
P = (5/13) ×(1/3) = 5/39 = 0.1282
Answer:
A. True.
Explanation:
Companies can and often do use different costing methods for financial reporting and tax reporting. The only exception is when LIFO is used for tax reporting; in this case the IRS requires that it also be used in financial statements.
LIFO assigns the highest amount to cost of goods sold - yielding the lowest gross profits and net income , which also yields a temporary tax advantage by postponing payment of some income tax.
Answer:
$20,460
Explanation:
Data provided as per the question below:-
Common stock = 33,000 shares
Market price per share = $31
Stock dividend percentage = 2%
The computation of stock dividend is shown below:-
Price per share = Common stock × Market price per share
= 33,000 × $31
= $1,023,000
Stock dividend = Price per share × Stock dividend percentage
= $1,023,000 × 2%
= $20,460
To track the long-term liability for his new pickup truck Pierre has to set up a long-term liability account register.
A long-term liability account register lists transactions related to debts that are due in more than one year like a mortgage. . Long-term liabilities are also known as non-current liabilities You can use a long-term liability account register to track and manage transactions that affect your long-term liability account.
In a long-term liability account register Debt ratios (such as solvency ratios) compare liabilities to assets. The ratios may be modified to compare the total assets to long-term liabilities only.
This ratio is called long-term debt to assets. Long-term debt compared to total equity provides insight relating to a financing structure and financial leverage. Long-term debt compared to current liabilities also provides insight regarding the debt structure.
TO learn more about long-term liability account register here
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