The manager of a department store wants to determine the proportion of people who use the store's credit cards for their purchases. What sample size should he take so that, at 95% confidence, the error will not be more than 6%?
What will be an ideal response?
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The weighted average cost is calculated by adding up the units' costs from each purchase and then dividing by the number of purchases
a. True b. False Indicate whether the statement is true or false
The human resource, accounting, and legal departments of Glorious Software, a company with locations in seven states plus Europe, are working together on developing a profit-sharing plan. Which option for communicating with employees about the plan would be the most practical and effective?
A. Call a meeting of all the employees to discuss the plan face-to-face. B. Hold off on any communications until all employees can be brought together. C. Ask employees not to engage in rumors. D. Post descriptions and videos on the company's intranet. E. Set up a balanced scorecard to measure opinions about the plan.
The Code's firm offer rule applies only to offers in writing that are made by a merchant offeror
Indicate whether the statement is true or false
The following data pertains to Timmins Company's operations last year:?Return on investment (ROI)20%?Sales$800,000?Margin5%?Minimum required rate of return16%Required:a. Compute the company's average operating assets.b. Compute the company's residual income for the year.
What will be an ideal response?