Vake purchased supplies at a cost of $18,000 during 2016 . At January 1, 2016, the beginning balance in the supplies account was $1,000 . For 2016, supplies expense was $16,000 . How much "Supplies" are on hand as of December 31, 2016?
a. $ 1,000
b. $ 3,000
c. $16,000
d. $17,000
b
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Indicate whether the statement is true or false
Which of the following is an example of a qualitative measure a sales manager could use to evaluate his salespeople?
A) the number of cold calls made B) the dollar amount of sales revenue generated C) the salesperson's product knowledge D) the number of qualified prospects identified by each salesperson E) the total number of closed sales made
In general, control charts for attributes require ______.
a. larger sample sizes to develop meaningful quality measures b. smaller sample sizes to develop meaningful quality measures c. the population size to be larger to develop meaningful quality measures d. the population size to be smaller to develop meaningful quality measures
Assume one bank offers you a nominal annual interest rate of 6.00% compounded daily while another bank offers you continuous compounding at a 5.90% nominal annual rate. You decide to deposit $1,050 with each bank. Exactly two years later you withdraw your funds from both banks. What is the difference in your withdrawal amounts between the two banks? Assume 365 days in a year. Do not round your intermediate calculations.
A. $1.77 B. $2.24 C. $2.35 D. $2.71 E. $2.94