As a general rule in computing the standard error of the sample mean, the finite population correction factor is used only if the:
a. sample size is smaller than 5% of the population size.
b. sample size is greater than 5% of the sample size.
c. sample size is more than half of the population size.
d. None of these choices.
B
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Answer the following statements true (T) or false (F)
Return on investment is the most-used summary indicator to date.
A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $170,000. The present value of the future cash flows is $185,000. The company's desired rate of return used in the present value calculations was 10%. Which of the following statements is true?
A) The project should not be accepted because the net present value is negative. B) The internal rate of return on the project is less than 10%. C) The internal rate of return on the project is more than 10%. D) The internal rate of return on the project is equal to 10%.
Assume you are the creditor in each of the following situations. Identify the kind of security agreement that is involved in each transaction and explain how you would perfect that agreement. a. You are the creditor (Evergromby Bank), and you lend
Brisco Baines $5,000 for a sound system. b. National Bank loans Donna $5,000 to purchase a computer for use in her store office. c. Garth needs cash for gambling debts. He brings in his gold ring to secure a $500 loan.
Different interest rates have a tendency to move in unison
Indicate whether the statement is true or false