Back-end load mutual funds charge a commission when the investor sells the mutual fund
Indicate whether this statement is true or false.
Answer: TRUE
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Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:ExpenseBasis for allocation Amount RentSquare feet of floor space $24,000 AdvertisingAmount of dollar sales $30,000 AdministrativeNumber of employees $45,000 The following information is available for its three operating (sales) departments:Department Square Feet Dollar Sales Number of employees A 3,000 $280,000 6 B 3,400 $300,000 8 C 3,600 $420,000 10 Totals 10,000 $1,000,000 24 What is the total expense allocated to Department B?
A. $32,160. B. $29,375. C. $30,775. D. $30,500. E. $30,462.
________-demand items are items for which demand is influenced by market conditions and is not related to the inventory decisions for any other item held in stock
Fill in the blanks with correct word
After it is incorporated, a corporation cannot disapprove of the contracts made by the promoter
Indicate whether the statement is true or false
A manufacturing company has 5 identical machines that produce nails. The probability that a machine will break down on any given day is .1 . Define a random variable X to be the number of machines that will break down in a day
a. What is the appropriate probability distribution for X? b. Compute the probability that 4 machines will break down. c. Compute the probability that at least 4 machines will break down. d. What is the expected number of machines that will break down in a day? e. What is the variance of the number of machines that will break down in a day?