1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amiraneli [1.4K]
3 years ago
5

True/False

Business
1 answer:
Eddi Din [679]3 years ago
7 0

Answer:

False

Explanation:

Have you ever heard the phrase "there are lies, [email protected] lies and statistics"?

The only way that a statistical study be 100% confident is that it involves everyone or everything. For example, if you want to carry on a study about how many US college students drive, in order to be 100% confident of the result, you would need to interview all the college students in the country.

You might be interested in
Match these statements with the appropriate reasoning fallacy below: Killing people is wrong, so the death penalty is wrong! How
WINSTONCH [101]

ADD ME I WILL SEND THE ANSWER AND PLS ADD A PICTURE

7 0
2 years ago
On July 1, 2021, Markwell Company acquired equipment. Markwell paid $185,000 in cash on July 1, 2021, and signed a $740,000 noni
Alenkasestr [34]

Answer:

c. Debit: Discount on notes payable, $41,884.

Explanation:

The journal entry is shown below:

Equipment    $883,116  

Discount on Notes payable $41,884  ($740,000 - $698,116)

        To Notes payable       $740,000  

        To Cash                       $185,000

(Being the amount paid in cash and note payable is recorded)

Working note

= Note payable amount × PVF factor at 6% for one year

= $740,000 × 0.94340

= $698,116

For recording this we debited the equipment as it increased the assets and discount is always debited while the note payable and cash is credited as it increased the liabilities and reduced the assets

7 0
3 years ago
Self-imposed budgets typically are:
Pepsi [2]

Answer:

C. subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Explanation:

Self-imposed budgets typically are subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Self-imposed budget also known as the participative budget is a type of budget where individuals having responsibility for controlling costs, prepares their own budget estimates and present them to the top level of management for review.

3 0
3 years ago
Techilex delivers timber directly to furniture manufacturers. The company takes legal possession of the timber it distributes. T
Sindrei [870]

Answer:

The correct answer is drop shipper.

Explanation:

Drop shipping can be defined as one of the supply chain management method where the vendor does not stock any product.

In drop shipping when a vendor gets any order from the customer, the vendor forwards it to the third party for order fulfillment and then ships the product directly from the third party to the customer by the name of the vendor.

According to the scenario, techilex does not store any product but only facilitates delivery for the products shows the drop shipping type of business.

8 0
3 years ago
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a
Mama L [17]

Answer: $120,000

Explanation:

Purchase Price for 80%) $1,600,000 - (FV $1,850,000 × .80 = $1,480,000) = $120,000

4 0
3 years ago
Other questions:
  • Goodman Corporation has sales volumes of 3,000 units at $80 per unit. Variable costs are 35% of the sales price. If total fixed
    10·1 answer
  • If you detect a free rider on your team, the best way to remedy the situation is to: question 2 options: stop carpooling with me
    10·1 answer
  • Hickory point amusement park sells admission tickets for $50 per person for one visit. variable costs are $15 per visitor and fi
    9·1 answer
  • Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the co
    14·1 answer
  • The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referre
    13·1 answer
  • A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.Price and quantity data are as follows:
    12·1 answer
  • Cole Co. began constructing a building for its own use in January 2016. During 2016, Cole incurred interest of $50,000 on specif
    10·1 answer
  • In the context of project management, a task duration is always the same as the amount of work (effort) it takes to finish the t
    11·1 answer
  • State 3 reasons why the Lean Canvas model is can be advantageous for entrepreneurs.
    15·1 answer
  • Because accepted practice for establishing rapport, greetings, and even the exchange of business cards can vary widely around th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!