If we wish to monitor the average diameter of the hula hoops we are producing, the distribution we base our statistics on is the ________ distribution
Fill in the blanks with correct word
normal
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To be effective, teams must have enough power and authority to accomplish its task and implement its ideas.
a. true b. false
On December 1, 20X8, Winston Corporation acquired 10 deep discount bonds from Linked Corporation at a cost of $400 per bond. Winston classifies them as available-for-sale securities. On this same date, it decides to hedge against a possible decline in the value of the securities by purchasing, at a cost of $250, an at-the-money put option to sell the 10 bonds at $400 per bond. The option expires on February 20, 20X9. Selected information concerning the fair values of the investment and the options follow: December 1, December 31, February 20, 20X8 20X8 20X9Linked Corporation Per Bond: $400 ? ? Put Option (100 shares) Market Value $250 $400 $400 Intrinsic Value 0 ? 400 Time
Value $250 $100 ? Assume that Winston exercises the put option and sells Linked bonds on February 20, 20X9.Based on the preceding information, the journal entry made on December 31, 20X8 to record the decrease in the time value of the options will include: A. a credit to Put Option for $300. B. a credit to Put Option for $100. C. a debit to Loss on Hedge Activity for $150. D. a debit to Loss on Hedge Activity for $300.
When suppliers are encouraged to locate near manufacturing plants, the goal of the JIT partnership is to reduce ________ inventory
Fill in the blanks with correct word
If credit terms are 2/30, net 60, what is the effective annual rate for a customer's loan when the customer pays the invoice in 60 days?
A) 44% B) 16% C) 59% D) 11% E) 28%