Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 94, 28, 13, 86, 48, and 71?



a. 8

b. 14

c. 10

d. 11


b. 14

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Use the information presented below for Farley River, Inc for 2015 and 2014 to answer the questions that follow. Farley River uses the straight-line depreciation method. 2015 2014 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for

Farley River Inc Using the 2015 data, what is the average age of Farley River's property, plant, and equipment? a. 1.60 years b. 2.50 years c. 4.00 years d. 10.00 years

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Consider the equation X = Sales - [(CM/Sales) ? (Sales)]. What is X?

a. net income b. fixed costs c. contribution margin d. variable costs

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A good friend has opened up a para-sailing business in Panama City, Florida. In order to advertise the business to spring break tourists, you suggest that he hire a skywriter to fly along the beaches during the day. This form of advertising is considered:

A. radio advertising B. direct marketing C. print advertising D. non-traditional advertising E. outdoor advertising

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The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principles for all state and local governments, both general purpose and special purpose.

Answer the following statement true (T) or false (F)

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