Answer:
This is a stratified random sample because a separate random sample is selected from each class
Explanation:
Stratified random sampling is an appropriate method when the population consists of mixed characteristics and you would like to ensure that every characteristic is proportionally represented in the sample. In this example, the population is the students from Central High School and the mixed characteristics are the different classes such as Freshman students, Sophomore students, Juniors and Seniors.
After the population is divided into subgroups based on characteristics, from the overall proportion of the population, you calculate how many people should be sampled in each subgroup. Random or systematic sampling can then be used to select a sample from each subgroup.
The formula for cost of goods sold under LIFO is cost of oldest inventory purchased multiplied by the units of goods sold.
<h3>What is LIFO?</h3>
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory is 10 units at of an item purchased at $10 and 10 units of inventory was purchased at $20. During the course of the month 5 units of the items was sold.
Cost of goods sold = 5 x 10 = 50
To learn more about LIFO, please check: brainly.com/question/13779572
#SPJ1
Answer:
Explanation:
determined,encouraging,childish hope this helps
Answer:
The correct answer is (a)-Fourth National Bank made an assignment.
Explanation:
Assignment means the transfer of any existing or future right, property or debt from one person to another.
The person who assigns the property is called "transferor" and the person to whom it is transferred is called "assignee".
Usually, the assignments are made from actionable claims such as book debts, insurance claims, etc.