What is the probability that both the gift VCR's will be defective?


0.1209

Business

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Superior Sales Company offers warranties on all its electronic goods. Warranty expense is estimated at 3.5% of sales revenue. In 2018, Superior had sales of $333,000. In the same year, Superior replaced defective goods with merchandise inventory costing $8,750. Prepare the journal entry to record the warranty expense. Omit explanation.

What will be an ideal response?

Business

More than half of the ads for Wheel of Fortune, a game show that is offered to local stations for free or a reduced rate, are pre-sold to national advertisers. Which term best describes this situation?

A. off-network syndication B. specialized programming C. classic programming D. first-run syndication E. barter syndication

Business

Product mix problems cannot have greater-than-or-equal-to (?) constraints

Indicate whether this statement is true or false.

Business

Which of the following statements is true about netbooks?

A) They are a class of computers that are still typically used for massive bulk processing tasks and financial transactions. B) They are smaller laptops that provide a cost-effective means to wirelessly connect to the Internet. C) They are networks in which there are no central servers and computers can share files, printers, and an Internet connection with one another. D) They are high-end computers featuring the fastest processors for calculation-intensive tasks.

Business