According to the following output, which of the results is statistically significant?
a) The intercept
b) Sales
c) Both the intercept and sales
d) Neither the intercept, nor sales
e) the p-value
b) Sales
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Hsu Company reported the following on its income statement: Income before income taxes $420,000 Income tax expense 120,000 Net Income $300,000 An analysis of the income statement revealed that interest expense was $80,000. Hsu Company's times interest earned was:
A) 8.16 times. B) 6.25 times. C) 5.25 times. D) 5.91 times.
Which of the following is NOT one of the four categories of tools and equipment used in materials handling systems?
a. storage and handling equipment b. engineered systems c. pricing and labeling systems d. industrial trucks
You buy a pair of very used skis for $25 from a store in Steamboat Springs. You learn later that
Billy Kidd, a famous skier, owned the skis years ago. The store demands that you return them because it did not know that they once belonged to Billy Kidd. Which is true? A) The store can force you to return them based on mutual mistake. B) The store can force you to return them based on unilateral mistake. C) The store will not be able to force you to return the skis. D) You can be forced to return the skis because you have defrauded the store owner.
According to the expectations theory of the term structure,
A) the interest rate on long-term bonds will exceed the average of expected future short-term interest rates. B) interest rates on bonds of different maturities move together over time. C) buyers of bonds prefer short-term to long-term bonds. D) all of the above. E) only A and B of the above.