Answer: About 50%
Explanation:
The survey is an important research method that is used to get the opinions of individuals on important matters. It can be administered in the form of a questionnaire.
The response rate obtained from a given type of survey is gotten by dividing the number of respondents to the total number of individuals who received the survey and then multiplying the result by 100.
Mail surveys have been found to have an average response rate of about 50%. This is a reasonable rate and the success seems to be given by the fact that the hard copy mail arrives on the doorstep of the respondent.
I believe it would require one year in the military.
Answer:
1. Issued one million shares of common stock at $20 per share.
The proceed of the issuance of common stock shall be taken as cash inflow in the financing activities.
2. Paid $75,000 to suppliers for inventory.
The payment made to the suppliers shall be taken as outflow in the operating activities.
3. Paid a dividend of $1 per share to common stockholders.
The payment made to common stockholders shall be taken as outflow in the financing activities.
4. Loaned $50,000 to an employee and accepted a note receivable.
The loan given to employee shall be taken as outflow in the operating activities.
Answer:
The company has incorrectly credited the sales revenue account at the time of the receipt of payment. So, the journal entry to record the transaction is as follows:
Date Particulars Debit Credit
March 1, 20 Sales Revenue A/c $45,000
To Unearned Sales Revenue A/c $45,000
(To record Unearned sales revenue)
Answer:
281.9 rolls
Explanation:
Demand = D = 1450 rolls
Ordering cost = S = $15 per order
Holding cost = H = $3.42 x 16% = 0.5472 per unit per year
Economic order Quantity =
Economic order Quantity =
Economic order Quantity =
Economic order Quantity =
Economic order Quantity = 281.9 units
The Economic order quantity of the company is 281.9 units