A department with sales of $120,000; cost of goods sold of $75,000; and operating expenses of $20,000 has a gross profit of $45,000

The most accurate statement that can be made about the p-value for testing whether there is a difference in the population variances for preservatives A and B is:

A) p-value > 0.05 B) p-value = 0.00 C) p-value < 0.01 D) 0.01 < p-value < 0.05

Cuisine Company received a 6-month, 6% note for $10,000 from its president on October 1, 2016 . The note is due on March 31, 2017 . If Cuisine's accounting period ends on December 31, how much interest revenue should Cuisine recognize during 2016 and 2017? 2016 2017

a. $450 $150 b. $600 $ 0 c. $300 $300 d. $150 $150