The inventory indicates that the cost of goods sold will be $25000.
<h3>How to calculate the cost of goods sold</h3>
It should be noted that the cost of goods sold ic calculated through the formula:
= Opening inventory + Purchases - Closing inventory
= $10000 + $20000 - $5000
= $25000
Therefore, the cost of goods sold is $25000.
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<span>Put the individual p-values in ascending order.Assign ranks to the p-values. For example, the smallest has a rank of 1, the second smallest has a rank of 2.<span>Calculate each individual p-value’s Benjamini-Hochberg critical value, using the formula (i/m)Q, where:<span>i = the individual p-value’s rank,m = total number of tests,Q = the false discovery rate (a percentage, chosen by you).</span></span>Compare your original p-values to the critical B-H from Step 3; find the largest p value that is smaller than the critical value.</span>
As an example, the following list of data shows a partial list of results from 25 tests with their p-values in column 2. The list of p-values was ordered (Step 1) and then ranked (Step 2) in column 3. Column 4 shows the calculation for the critical value with a false discovery rate of 25% (Step 3).
The bolded p-value (for Children) is the highest p-value that is also smaller than the critical value: .042 < .050. <span>All </span>values above it (i.e. those with lower p-values) are highlighted and considered significant, even if those p-values are lower than the critical values. For example, Obesity and Other Health are individually, not significant when you compare the result to the final column (e.g. .039 > .03). However, with the B-H correction, they are considered significant; in other words, you would reject the null hypothesis for those values.
Answer:
C. $11,498.73.
Explanation:
Solving this question, we will have to make use of this formula:
The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding
= $12,956.73 - $2,112.19 = $10,844.54
Now,
Before the adjustment on the 31st of October, 2015,
The Cash account Balance = Adjusted Bank Balance + insufficient funds checks
= $10,844.54 - $654.19 = $11,498.73
Hence third option in the question is the correct answer.
Answer:
The correct answer is a) firms are forced by competitive pressure to be as efficient as possible
Explanation:
In a perfect competition market, firms will have so much competition that they will be as efificient as possible. The definition of efficient here is determined by allocative efficiency and production efficienty.
Allocative efficiency means that in perfect competition firms will allocate resources where they work best to produce the most ouput, and production efficiency means that firms will supply exactly the amount of goods demanded by the public, making scarcity impossible.
They are called fix income securities