When determining the sample size, if the population standard deviation, s, is unknown and an estimate is used, the standard deviation should be re-estimated once the sample has been drawn

Next a revised confidence interval should be calculated to determine the precision level actually obtained.
Indicate whether the statement is true or false

TRUE

Business

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Karaoke Records Company uses the indirect method to prepare its statement of cash flows

Refer to the following sections of the comparative balance sheet: Karaoke Records Company Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Accounts Payable $ 6,000 $ 9,000 $(3,000 ) Accrued Liabilities 3,000 1,500 1,500 Long-term Notes Payable 126,000 135,000 (9,000 ) Total Liabilities $ 135,000 $ 145,500 $(10,500 ) Common Stock 45,000 3,000 42,000 Retained Earnings 169,500 111,000 58,500 Treasury Stock (12,000 ) (7,500 ) (4,500 ) Total Equity 202,500 106,500 96,000 Total Liabilities and Stockholders' Equity $337,500 $252,000 $85,500 Additional information for 2017: • No stock was retired. • No treasury stock was sold. • The company repaid $60,000 of long-term notes payable. • The company borrowed $51,000 on a new long-term note payable. • Net income for the year was $68,000. Prepare the financing section of the statement of cash flows for the year ended December 31, 2017. What will be an ideal response

Business

A contract that is a promise for a promise is known as a:

a. voidable contract b. unilateral contract c. bilateral contract d. void contract

Business