Oakton furniture provided the following information relevant to its sales for december year 1 and the first quarter of year 2:
dec. year 1 | jan. year 2 | feb. year 2 | mar. year 2
(actual) | (budgeted) | (budgeted) | (budgeted)
credit sales $ 67,000 | $ 147,000 | $ 162,000 | $ 117,000
cash sales $ 17,000 | $ 32,000 | $ 37,000 | $ 19,000

based on the company's collection history, 42% of credit sales are collected in month of sale and the remainder is collected in the following month.

cash collections in january from december credit sales would be?

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach