Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 11, 16, 95, 83, 97, and 77?
a. 17
b. 18
c. 15
d. 14
b. 18
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Sweet Dreams Corp. has prepared the following financial statements:
a) Set up a worksheet similar to the one in Exhibit 4-4, page 124, and calculate all of the ratios for Sweet Dreams Corp.
b) Verify the change in 2017 Sweet Dreams Corp’s ROE using the Du Pont method.
c) Using the Altman’s model for privately held firms and public ones, calculate the Z-score for Sweet Dreams Corp. Assume that the market value of Sweet Dreams Corp. is $1,200,000.
d) Calculate Sweet Dreams Corp.’s economic profit for these years and compare it to net income. Assume that the weighted average cost of capital is 12%.
e) Using the following 2017 industry averages, evaluate Sweet Dreams Corp.’s financial situation. Set up a ratio analysis system similar to the one in Exhibit 3-6, page 92.
The original and the main purpose of ________ is to provide partial replacement of earnings when a worker decides it is time to retire
a. welfare funds b. social security c. tax exemption d. employee benefits
Of the following activities, which is NOT likely to be an interaction between the financial manager and the marketing manager?
A) Costing of products B) Setting credit policies C) Determining that there are a sufficient number of trained workers to develop the product D) Setting advertising budgets
Cash and investments that can be easily converted into cash are termed
A) capital assets. B) liquid assets. C) illiquid assets. D) depositable assets. E) None of the above are correct.