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For each of the following situations, decide what sampling method you would use. Provide an explanation of why you selected a particular method of sampling.
a. The major state university in the state is attempting to lobby the state legislator for a bill that would allow the university to charge a higher tuition rate than the other universities in the state. To provide a justification, the university plans to conduct a mail survey of its alumni to collect information concerning their current employment status. The university grants a wide variety of different degrees and wants to make sure that information is obtained about graduates from each of the degree types. A 5% sample of alumni is considered sufficient.
b. The Environmental Protection Agency (EPA) is required to inspect landfills in the United States for the presence of certain types of toxic material. The materials were sealed in containers and placed in the landfills. The exact location of the containers is no longer known. The EPA wants to inspect a sample of 100 containers from the 4,000 containers know to be in the landfills to determine if leakage from the containers has occurred.
the pixton company has budgeted production of 4000 units in march. each unit requires 1.5 hours of labor. the standard
A house worth $70,000 is purchased with a down payment of $20,000 and a mortgage amortized over 20 years. If the interest rate is 14% compounded semi- annually;
Calculate diluted earnings per share for 2013 and the incremental EPS of the preferred stock and convertible bonds. If required, round your answers to the nearest cent.
price manufacturing assigns overhead based on machine hours. the milling department logs 1800 machine hours and cutting
your profit p is determined by subtracting the cost c the amount of money it costs to operate a business from the
Great Falls Brewery's regular selling price for a case of beer is $15. Variable costs are $8 per case and fixed costs total $2 per case based on production of 250,000 cases.
wholesale health supply sells a variety of medical equipment and supplies to retailers. when a new retailer is
If that drop in fair value is viewed as giving rise to another-than-temporary impairment, how would it be reflected in the investment account for a security classified as held-to-maturity?
1. a goal of managerial accounting is to provide information for planning controlling and decision making for
would a storage unit used to store a product a company manufactures count as overhead? what about an annual contract
Prepare vertical common-size financial statements, horizontal common-size financial statements, and various profitability and risk ratios.
research and development costs of 20000 were incurred. the research was conducted to discover a new product to sell to
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