The Highway Safety Department wants to study the driving habits of individuals. A sample of 121 cars traveling on the highway revealed an average speed of 60 miles per hour with a standard deviation of 11 miles per hour. Determine a 95% confidence interval estimate for the speed of all cars
58.04 to 61.96
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Which of the following accounts is increased by a credit entry?
A) Accounts receivable B) Dividends C) Service revenue D) Salaries expense
The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the following, except
A. being in a better position to choose where and how to challenge rivals. B. shortening delivery times to customers by having geographically scattered distribution facilities. C. being able to shift production from one country to another to take advantage of exchange rate fluctuations, differing wage rates, differing energy costs, or differing trade restrictions. D. centralizing value chain activities to foster just-in-time inventory activities. E. locating buyer-related activities (such as sales, advertising, after-sale service and technical assistance) close to buyers.
Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $160,000, variable manufacturing overhead of $3.40 per direct labor- hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578 which was recently completed: Total direct labor-hours 250Direct materials$715Direct labor cost$9,000 The total job cost for Job A578 is closest to:
A. $9,715 B. $10,350 C. $2,065 D. $11,065
When convertible bonds are first issued
I. the conversion price of the stock is higher than the market price. II. the market price of the stock is higher than the conversion price. III. the coupon rate is higher than if the bond were not convertible. IV. the coupon rate is lower than if the bond were not convertible. A) I and III only B) II and IV only C) I and IV only D) II and III only