Telephone surveys are not limited by national borders.

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


False

Business

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The optimal Economic Production Quantity (EPQ) minimizes the sum of set up and carrying costs

Indicate whether the statement is true or false

Business

A company has net income of $250,000, net sales of $2,000,000, and average total assets of $1,500,000. Its return on total assets equals:

A. 75.0%. B. 16.7%. C. 12.5%. D. 600.0%. E. 13.3%.

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

Inferential statistics is defined as “a set of tools that are used to infer the results based on the sample to a population.”

Business

Rates for a married taxpayer filing separately are 10% of taxable income up to $8,375 and 15% thereafter up to $34,000 . Rates for a couple filing a joint return are 10% of taxable income up to $16,750 and 15% thereafter up to $68,000 . Patrick and Kelly O'Day are figuring their tax both ways for comparison before deciding which way to file. Patrick earned $15,00 . and Kelly earned $35,000 . The

standard deduction for a married couple filing jointly is $11,400 . The standard deduction for each married taxpayer filing separately is $5,700 . Exemption for each taxpayer is $3,650. a. Compute the amount of tax the O'Days will owe if they file a joint return. b. Compute the amount of tax the O'Days will owe if they file two separate returns.

Business