During 2014, Yoder Enterprises Generated Revenues of $120,000

question 109

Multiple Choice

During 2014, Yoder Enterprises generated revenues of $120,000. The company's expenses were as follows: cost of goods sold of $60,000, operating expenses of $24,000 and a loss on the sale of equipment of $4,000. Yoder's income from operations is

• A) $120,000.
• B) $60,000.
• C) $36,000.
• D) $24,000.

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Definitions:

Sampling Interval

The interval selected in systematic sampling (e.g., every 10th or 100th unit).

Systematic Sampling

Sampling by selecting every nth unit from a population.

Snowball Sampling

A non-probability sampling technique where existing study subjects recruit future subjects from among their acquaintances.

Nonprobability Sampling

A sampling technique where the samples are gathered in a process that does not give all the individuals in the population equal chances of being selected.