A sample of 250 observations is selected at random from an infinite population. Given that the population proportion is .25, the standard error of the sampling distribution of the sample proportion is:
a. 0.0274
b. 0.5000
c. 0.0316
d. 0.0548
A
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Simone transferred 100 percent of her stock in Purple Company to Plum Corporation in a Type A merger. In exchange, she received stock in Plum with a fair market value of $500,000 plus $500,000 in cash. Simone's tax basis in the Purple stock was $200,000. What amount of gain does Simone recognize in the exchange and what is her basis in the Plum stock she receives?
A. $800,000 gain recognized and a basis in Plum stock of $500,000. B. $800,000 gain recognized and a basis in Plum stock of $1,000,000. C. $500,000 gain recognized and a basis in Plum stock of $500,000. D. $500,000 gain recognized and a basis in Plum stock of $200,000.
Capacity management is one of the ways to meet potential problems related to the ________ characteristic of services
A) intangibility B) perishability C) variability D) inseparability E) responsiveness
Due to the success of artificial intelligence, the collection of data for the purposes of quality improvement has become obsolete.
Answer the following statement true (T) or false (F)
Lemaire Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study:Lemaire CorporationCustomer Support DepartmentData InputsResource Data: Number of employees 17Average salary per employee$38,700Practical capacity per employee (in minutes) 90,000?Activity Data:Receiving CallsResolving IssuesSettling DisputesMinutes per unit of the activity102644?Cost Object Data:All CustomersNumber of calls received34,710Number of issues resolved16,100Number of disputes settled930?On the Capacity Analysis report in time-driven activity-based costing, the "total minutes used to meet demand" would be closest to:
A. 444,930 minutes B. 806,620 minutes C. 1,530,000 minutes D. 1,168,310 minutes