Given that the random variable X is normally distributed with a mean of 80 and a standard deviation of 10, P(85 X 90) is:
a. 0.5328 b. 0.3413
c. 0.1915 d. 0.1498
d
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Off Road Concepts, Inc produces a special kind of light-weight, recreational vehicle that has a unique design
It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of average assets, and the desired profit is a 7% return on assets. Assume all products produced are sold. Additional data are as follows: Sales volume 2,000 units per year Variable costs $1,000 per unit Fixed costs $3,500,000 per year Using the cost-plus pricing approach, what should be the sales price per unit? A) $3,065 B) $8,000 C) $1,070 D) $1,000
When a brand introduces a product with exciting new features in a market and draws huge attention among customers, which of the characteristics of Jonah Berger's STEPPS is represented?
A. Emotion B. Social currency C. Public D. Triggers E. Practical value
What will be the total deduction for social security and Medicare taxes on Rony's next semimonthly paycheck of $3,960.00, if she has already earned $42,560.00 this year? (Social security tax is 6.2% of gross wages up to $117,00. Medicare tax is 1.45% of all gross wages.)
A) $283.52 B) $302.94 C) $101.87 D) $242.92
Which type of supplier audit is being used when a company hires and trains its own staff of auditors?
A. Factory. B. Third-party. C. Internal. D. External.