The number of car insurance policy holders is an example of a discrete numerical variable.
Answer the following statement true (T) or false (F)
True
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Email may be a useful method of communication because of all the following
a. teachers can provide daily classroom journals to keep parents informed b. all families now have computer access c. parents can easily reply, making communication two way d. parents can have easy access to teachers avoiding a telephone tag
Lisa, a manager at a chemical manufacturing firm, wants to improve workplace safety. She has protective meshes installed over all large chemical vats so that workers cannot fall into them. She also improves the chemical bottling process to make it impossible for an employee to become injured by accidental leakages. In this scenario, Lisa's efforts to reduce the number and severity of workplace accidents are characteristics of ________.
A. employee assistance programs B. engineering controls C. loss-control programs D. management controls
Why did some courts conclude that compliance with the Clean Air Act does not preclude oil companies from liability?
What will be an ideal response?
Pettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
Balance Sheet (Millions of $) Assets2016 Cash and securities$ 1,554.0 Accounts receivable9,660.0 Inventories 13,440.0 Total current assets$24,654.0 Net plant and equipment 17,346.0 Total assets$42,000.0 Liabilities and Equity Accounts payable$ 7,980.0 Notes payable5,880.0 Accruals 4,620.0 Total current liabilities$18,480.0 Long-term bonds 10,920.0 Total liabilities$29,400.0 Common stock3,360.0 Retained earnings 9,240.0 Total common equity$12,600.0 Total liabilities and equity$42,000.0 Income Statement (Millions of $)2016 Net sales$58,800.0 Operating costs except depr'n$55,274.0 Depreciation$ 1,029.0 Earnings bef int and taxes (EBIT)$ 2,497.0 Less interest 1,050.0 Earnings before taxes (EBT)$ 1,447.0 Taxes$ 314.0 Net income$ 1,133.0 Other data: Shares outstanding (millions)175.00 Common dividends$ 509.83 Int rate on notes payable & L-T bonds6.25% Federal plus state income tax rate21.7% Year-end stock price$77.69 Refer to the data for Pettijohn Inc. What is the firm's equity multiplier? A. 3.33 B. 3.50 C. 3.68 D. 3.86 E. 4.05