Gradual shifting or movement of a time series to relatively higher or lower values over a longer period of time is called _____
a. periodicity
b. a cycle
c. regression
d. a trend
d
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Accounting for long-term investments in held-to-maturity securities requires companies to record interest revenue as it is earned.
Answer the following statement true (T) or false (F)
Don was recently promoted, and his salary increase includes retirement investment options, so he has decided to take part in an ESOP. This means that Don
A. will be on the company's board of directors. B. will participate in an Externship Supervisors' Oversight Plan. C. will be buying or receiving shares of his company's stock. D. is now one of the company's external stakeholders. E. is in charge of an investment group.
Tom Dimaio and Jerry Gluck decided to become partners in the business of cutting lawns. After a few months, Jerry heard of a job cutting lawns at a warehouse. He took the job and earned $100 a day once a week for the summer
Later, Tom found out and demanded a share of the money. Which of the following is TRUE? A) Jerry did not owe a fiduciary duty to Tom. B) As Jerry did all the work, he is entitled to all the money for the warehouse lawn cutting. C) Tom is entitled to a share of the money as a partner D) Since Tom did not ask to be included in the warehouse venture, Jerry was entitled to seize it. E) Both A and B
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 minutes. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. Determine the percentage of time the employee at the service booth will be idle.
a. 17% b. 44% c. 12% d. 43%