Brady's Inflation Needle Co. reports accounts receivable of $100,000 in 2020 and $250,000 in 2021. Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable?
A. 60% increase
B. 150% increase
C. 60% decrease
D. 150% decrease
Answer: B
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On January 1, Year 1, Milton Manufacturing Company purchased equipment with a list price of $88,000. A total of $4,000 was paid for installation and testing. During the first year, Milton paid $6,000 for insurance on the equipment and another $2,200 for routine maintenance and repairs. Milton uses the units-of-production method of depreciation. Useful life is estimated at 100,000 units, and estimated salvage value is $8,000. During Year 1, the equipment produced 13,000 units. What is the amount of depreciation for Year 1?
A. $10,920 B. $12,740 C. $11,960 D. $11,700
A firm is most likely to rely on customer relationship management (CRM) approaches when it does not have a database of information on individual customers.
Answer the following statement true (T) or false (F)
What is the integral from 0 to 5 for this distribution?
A business professor wishes to model the duration of his commute through the busy streets of Bangalore. He decides to model it based on the number of auto-rickshaws that he passes during the first ten minutes of the drive. The continuous probability distribution 7x - 2 serves as a good model. A) 33 B) 77.5 C) 59 D) 63
What does the phrase "big data" refer to?
A. It refers to the information collected by the top five firms in the marketing research industry. B. It refers to the market information taken from the U.S. Census. C. It refers to the information received from market research studies but not internal sources. D. It refers to the data sets too large and complex to work with typical database management tools. E. It refers to the marketing research data taken from Internet sources.