A cereal company includes one premium coupon in every cereal box. Upon returning 10 such coupons to the company, a customer will be sent a free cereal bowl. In a recent year, the company sold 200,000 boxes of cereal for $1 a box. It is estimated that 20% of the coupons will be returned. If the cereal bowls cost the company $3 each, what amount of liability for premium redemptions must be recorded
by the company?
a. $6,000
b. $12,000
c. $24,000
d. $200,000
b
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A(n) _____ is a system of networks composed of multiple LANs or MANs that are connected across a distance of more than approximately 48 kilometers.
Fill in the blank(s) with the appropriate word(s).
Which of the following is an example of a lean production initiative?
a. Rearranging factory floor layouts b. Using statistical quality control charts c. Developing long-term relationships with excellent suppliers d. Reducing delivery problems
The agile method that emphasizes independent project teams, coordination and communication between and within teams with lots of team meetings, iterative and continuous monitoring of work, team ownership of the final product is called:
A) XML. B) RAD. C) Scrum. D) JAD.
If a portfolio manager consistently obtains a high Sharpe measure, the manager's forecasting ability
A. is above average. B. is average. C. is below average. D. does not exist. E. cannot be determined based on the Sharpe measure.