What is the most basic method of illustrating data?
a.Frequency distribution
b.Pie chart
c.Line graph
d.Polygon
ANS:A
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Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Cash Disbursements classes?
A. One purchase can result in multiple payments to the supplier. B. Each supplier must be paid for the purchases from that supplier. C. Each check written to the supplier is for one specific purchase. D. Disbursements are made after the purchases are recorded.
A well-known producer of breakfast cereals has decided to hire producers in different countries so that the cereals marketed under their brand are locally produced in the respective countries
This would not only appeal more to consumers who prefer domestically produced goods, but would also create jobs in the host-country enhancing the brand's image further. This is an example of ________. A) management contracting B) franchising C) greenfield venturing D) contract manufacturing E) straight extension
A court will grant summary judgment after a trial if the judge makes a final, binding determination on the merits of the case
a. True b. False Indicate whether the statement is true or false
Trina Productions is a price-taker
The company produces large spools of electrical wire in a highly competitive market; thus, it uses target pricing. The current market price of the electric wire is $800 per unit. The company has $3,100,000 in average assets, and the desired profit is a return of 6% on assets. Assume all products produced are sold. The company provides the following information: Sales volume 110,000 units per year Variable costs $690 per unit Fixed costs $13,000,000 per year If fixed costs cannot be reduced, how much reduction in variable costs will be needed to achieve the desired target? A) $186,000 B) $13,000,000 C) $1,086,000 D) $75,900,000