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1.Harwell Company manufactures automobile tires. On July 15, 2013, the company sold 1,000 tires to the Nixon Car Company for $50 each. The terms of the sale were 2/10, n/30. Harwell uses the gross method of accounting for cash discounts.
Required:1. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on July 23, 2013.2. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on August 15, 2013.
2 ) A sample of n = 25 pairs of scores (X and Y values) produces a correlation of r = -0.40. Are these sample data sufficient to conclude that there is a significant non-zero correlation between X and Y in the population? Use a two-tailed test at the..
Suppose a random sample of 100 observations from a binomial population gives a value of p^=0.46 and you wish to test the null hypothesis that the population parameter p is equal to 0.50 against the alternative hypothess that p is greater than 0.50a) ..
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The terms of the sale were 2/10, n/30. Harwell uses the net method of accounting for cash discounts.
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General Mills reported the following information in its 2011 financial statements ($ in millions):
First urn contains 3 yellow marbles, 4 green, and 2 red. The second urn contains 2 yellow, 3 green, and 4 red. P (choosing first urn) = 1/4 and P (second urn) = 3/4
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