Answer:
Expense & revenue summary a/c (credit balance) = $3500
Explanation:
1. Dr Expense & revenue summary 52500
Cr Sales discount 1500
Cr Sales return & allowance 3000
Cr Depreciation expense 25000
Cr Salaries expense 23000
(Close expenses to expense & revenue summary a/c)
2. Dr Sales 56000
Cr Expense & revenue summary 56000
(Close sales to expense & revenue summary a/c)
3. Dr Expense & revenue summary a/c 3500
Cr Retained earning a/c 3500
(To close expense & revenue summary a/c)
4. Dr Retained earning 2000
Cr Expense & revenue summary 2000
(Close dividend to expense & revenue summary a/c)d
Thomas may be suffering from generalised anxiety as far as the situation describes. Generalised anxiety disorder is defined as the excessive worrying of an aspect of life for a reason that is vague. They worry too much may it could either be family, studying, or even their health.
Answer:
A) sample size = 23.475 ≈ 23
B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required
Explanation:
Data given
AQL = 20%, = 0.2
LTPD = 52% = 0.52
Assuming consumer risk acceptable by company = 10%
producer risk = 5%
A) First we calculate the ratio
= LTPD / AQL = 0.52 / 0.2 = 2.6
from the table of LTPD/AQL 2.6 is closest to 2.768
to calculate the sample size we apply the formula from the exhibit table
n ( AQL ) = 4.695
Therefore n ( sample size ) = 4.695 / 0.2 = 23.475
B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required
Answer:
Oligopoly market structure
Explanation:
The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.
