Given two statistically independent events (A,B), the joint probability of P(AB) = P(
A) + P(B).
FALSE
You might also like to view...
Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends per share for preferred and common stock for the second year
a. $2.25 and $0.00 b. $2.25 and $0.45 c. $0.00 and $0.45 d. $2.00 and $0.45
Advertising agencies offer the following advantages, except:
A) potentially lower costs due to efficiency B) better understanding of the product and how it is used by consumers C) greater expertise and access to top creative talent D) perspective of an outsider
Which of the following statements concerning a Chapter 11 reorganization plan is true?
a. A reorganization plan will be confirmed by the court only if a majority of each class of creditors votes in favor of the plan. b. A reorganization plan can be confirmed by the court over objections of some creditors if the court determines that the plan is feasible and fair. c. Only the bankruptcy court has the authority to confirm or reject the reorganization plan. Creditors do not have a right to vote on the plan. d. A reorganization plan binds only the debtor and not the creditors.
For the lot-sizing technique known as lot-for-lot to be appropriate:
A) future demand should be known for several weeks. B) setup cost should be relatively small. C) annual volume should be rather low. D) item unit cost should be relatively small. E) the independent demand rate should be very stable.