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A small capacitor contains PCB with a mean of 48.1 ppm and a standard deviation of 6 ppm. A random sample of 39 capacitors were taken and the sample mean amount of PCB is 49.5 ppm or more. Disposal of capacitors is very costly, so what is the probability that the disposal of such capacitors will be regulated?
A special order was accepted at a selling price significantly less that the ordinary selling price. The sale will not impact other sales because this was a one-time order and Ocean has excess capacity price. The selling price was in excess of total v..
A company has decided to provide your team $200,000 today for your efforts. It expects you to pay two equal payments at the end of years 4 & 5 only with a 12% annual interest rate. What is the amount of these two payments?
Giovanni Company produces a product that requires four standard gallons per unit. The standard price is $34.00 per gallon. If 3,500 units required 14,400 gallons, which were purchased at $33.25 per gallon, what is the direct materials price variance?
What is an enterprise resource planning system, and how does this system help companies utilize accounting data?
There are 10,000 shares of common stock and 1,000 shares of preferred outstanding. What is the book value of one share of common stock?
Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2014, Lindsey Hunter took part in the following selected transactions. Issued 5,000 shares of stock at $45 per share, less costs related to the issua..
Payments are due at the end of each month, and interest is compounded monthly. How much should you budget for the monthly payment?
Prepare journal entries for the purchase, intervening balance sheet dates, and payment of obligation.
Which account or activity represented the largest single SOURCE (inflow) of cash in the operating section of the cashflow-cash in investing section
1. When do prepayments occur? When do accruals occur?
What amount of net income would Swanson Company report on its 2013 income statement and identify which accounts would be classified as permanent and which accounts would be classified as temporary.
What are the financial statements presented in the report and what was the net income of the company? Explain the revenues and the expenses components.
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