Answer: 160
Explanation:
The number of post it notes that the manager will order from their supplier will be the difference between the restocking level and the inventory at the time of review. This will be:
= Restocking level - Inventory at the time of review
= 300 - 140
= 160
Therefore, the order quantity is 160.
For practical purposes, sampling with replacement and sampling without replacement are comparable as long as only a small fraction of the population is sampled,
In sampling with replacement, the two sample values are independent. In sampling without replacement, the two sample values aren't independent.
Answer:
Dr Cash 56,364
Cr Notes Receivable 52,800
Cr Interest Receivable 1,980
Cr Interest Revenue 1,584
Explanation:
Preparation for what entry must it make to record the collection of the note and interest at its maturity date
Dr Cash 56,364
($52,800+1,980+1,584)
Cr Notes Receivable 52,800
Cr Interest Receivable 1,980
Cr Interest Revenue 1,584
[52,800*9%*(3months/9 month)]