In a trend analysis, an index number of 139 for 20x5 sales indicates that
A) sales for 20x5 were 139 percent higher than sales for the same company in the base year.
B) sales for 20x5 for this company were 139 percent of the sales figure of another company being used in the comparison.
C) sales for 20x5 were 139 percent of the sales for the same company in the base year.
D) actual sales for 20x5 exceeded budgeted sales for 20x5 by 39 percent.
C
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Explain the perceived risks involved in Internet shopping.
What will be an ideal response?
Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side and left it raw on the other. When he returned the rotisserie to the store, the salesperson disclaimed any responsibility because he had never told Mason the rotisserie would rotate the food as it
cooked. Does Mason have any recourse? A) No, the salesperson did not make any express warranties. B) Yes, the salesperson made an express warranty just by selling the goods. C) Yes, although the salesperson did not make any express warranties, the UCC imposes an express warranty on the sale. D) Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
KidCo Cereal Company sells "Sugar Corns" for $2.50 per box. The company will need to buy 20,000 bushels of corn in 6 months to produce 40,000 boxes of cereal. Non-corn costs total $60,000
What is the company's profit if they purchase call options at $0.12 per bushel with a strike price of $1.60? Assume the 6-month interest rate is 4.0% and the spot price in 6 months is $1.65 per bushel. A) $6,504 profit B) $8,005 loss C) $12,064 profit D) $11,293 loss
The regression line y = 3 + 2x has been fitted to the data points (4,8), (2,5), and (1,2). The residual sum of squares will be:
a. 10. b. 15. c. 13. d. 22.