Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 90, 51, 32, 45, 93, and 70?
a. 17
b. 18
c. 19
d. 20
a. 17
You might also like to view...
Turnover ratios differ from the current and quick ratios in that they
a. are based on working capital instead of cash. b. are based on a point of time instead of a period of time. c. are activity ratios. d. measure the profitability of a company instead of its liquidity.
Standard costs are realistically predetermined costs of direct materials, direct labor, and overhead that usually are expressed as a cost per unit
Indicate whether the statement is true or false
Seattle Inc. identified an investment opportunity that requires an initial cash outflow of $150,000. Seattle's required rate of return is 10 percent. The investment will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. Assume the cash flows occur evenly during the year. What is the traditional payback period for this investment?
A. 5.23 years B. 4.86 years C. 4.51 years D. 6.12 years E. 4.35 years
The ________ section of the statement of cash flows includes increases and decreases in long-term assets
A) investing activities B) financing activities C) operating activities D) non-cash operating activities