A manufacturing plant averaged $740 of raw materials, $230 of work-in-process inventory, and $1030 of finished goods inventory during the month
If the cost of goods sold this month amounted to $10,000, what is the inventory turnover for the month?
Monthly inventory turnover = Monthly cost of goods sold / Average inventory Investment
= $10,000 / ($740 + $230 + $1030 ) = 5
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In order to estimate the average electric usage per month, a sample of 64 houses was selected and the electric usage was determined. Assume a population standard deviation of 320 kilowatt-hours. If the sample mean is 1858 kWh, the 95% confidence interval estimate of the population mean is _____ kWh.
A. 1779.6 to 1936.4 B. 1818 to 1898 C. 1792.2 to 1923.8 D. 1538 to 2178
An arbitrary use of ordinary words may not be trademarked
Indicate whether the statement is true or false
Which of the following statements is not true regarding individual investors?
A) They commonly invest a portion of the money earned from their jobs. B) They invest in stocks to earn a reasonable return on their investments. C) They expect their money to grow by the time they wish to use it to make purchases. D) The percentage of individual Americans who own stocks has increased since the financial crisis of 2008-2009.
An organization can have the best vision and strategy in the world, but it won't be able to execute them unless its culture is aligned with its strategy.
Answer the following statement true (T) or false (F)