In a local university, 70% of the students live in the dormitories. A random sample of 75 students is selected for a particular study. The standard deviation of 
, known as the standard error of the proportion is approximately
A. 0.5292.
B. 5.2915.
C. 0.0529.
D. 52.915.
Answer: C
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Trovato Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $51,840. The profitability index of the project is closest to (Ignore income taxes.):
A. 1.08 B. 0.08 C. 0.92 D. 0.07
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plant assets, $4,000. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses increased $6,200; accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
A. $156,600. B. $96,600. C. $141,000. D. $88,600. E. $148,600.
Morgan Company issues 10%, 20-year bonds with a par value of $790,000 that pay interest semiannually. The current market rate is 9%. The amount paid to the bondholders for each semiannual interest payment is:
A. $79,000. B. $39,500. C. $71,100. D. $395,000. E. $35,550.
Management is concerned that workers create more product defects at the very beginning and end of a work shift than at other times of their eight-hour workday. Construct a scatter diagram with the following data collected last week
Is management justified in its belief? Number of Defects Monday Tuesday Wednesday Thursday Friday First hour at work 12 9 6 8 7 Second hour at work 6 5 3 4 5 Third hour at work 5 2 4 3 3 Fourth hour at work 4 0 5 2 3 Fifth hour at work 1 6 2 4 5 Sixth hour at work 4 3 3 2 1 Seventh hour at work 7 4 4 6 3 Eighth hour at work 5 7 8 5 9