<span>Having zero error does not allow for the complexity of real-world data to be introduced in the future. Having a perfect fit of the model could lead to data that shows some sort of a skew when another set of data is tested at some point in the future.</span>
Answer:
A) when a bond matures, the company must pay the face of the bond plus any interest due.
D) since the market rate is 3.29%, that is the interest that the investor will receive from the bond
E) when a bond is sold at a higher price than face value ($1,0112.90 > $1,000), it is sold at a premium
G) the bond's price for that specific day was $1,012.90
<u>Given:</u>
Beginning Finished Goods
Cost of Goods Manufactured
Ending Finished Goods
Raw material purchases
<u>To find:</u>
Cost of Goods Sold
<u>Solution:</u>
The formula to calculate the cost of the goods sold for the manufacturing company is as follows,
Cost of Goods Sold = Beginning Finished Goods + Cost of Goods Manufactured - Ending Finished Goods
On substituting the values in the above formula we get,
Therefore, the cost of goods sold is $29300.
Here, we have ignored the purchase of raw materials cost because this amount will already be included in the cost of goods manufactured.
Answer: Lower -Upper Class
Explanation:
The lower‐upper class are those who acquired money from investments or business. They are also professionals who went to the highest level of school and by perseverance and hard work are living good lives.. They clude entrepreneurs, presidents of major corporations, sports entertainment celebrities, and top-level professionals also are doctors, accountants, engineers, lawyers.
They are part of the Upper class system who have money that they can spend although they are lower than the Upper-Upper Class who were born into extreme wealth. These people live in great neighborhoods, mingle with like minds and send their children to the finest schools.
Answer:
The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..
Explanation:
Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.
