According to Manhattan Research, 44% of physicians surveyed said they communicate with patients through e-mail. A random sample of 120 physicians was selected. What is the probability that 50 or more from this sample e-mail their patients?
A) 0.4168
B) 0.4830
C) 0.6042
D) 0.6950
D
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QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each alternative are listed below: Alternative A Alternative BProjected revenue$62,500 $75,000 Unit-level costs 12,500 18,000 Batch-level costs 6,250 12,000 Product-level costs 7,500 8,500 Facility-level costs 5,000 6,250 What is the differential revenue for this decision?
A. $75,000 B. $62,500 C. $12,500 D. $25,000
An investor invested in a 10-year bond that makes a $50 coupon payment at the end of every six-month period until the bond matures. These coupon payments received by the investor can be referred to as a(an) _____.?
A. ?perpetuity B. ?ordinary annuity C. annuity due D. ?compounded annuity E. ?discounted annuity
Which of the following statements is CORRECT?
A. Accruals are an expensive but commonly used way to finance working capital. B. A conservative financing policy is one where the firm finances part of its fixed assets with short-term capital and all of its net working capital with short-term funds. C. If a company receives trade credit under terms of 2/10, net 30, this implies that the company has 10 days of free trade credit. D. One cannot tell if a firm has a conservative, aggressive, or moderate current asset financing policy without an examination of its cash budget. E. If a firm has a relatively aggressive current asset financing policy vis-à-vis other firms in its industry, then its current ratio will probably be relatively high.
Finance is ________
A) the system of verifying, analyzing, and recording business transactions B) the science of production, distribution, and consumption of goods and services C) the art and science of managing money D) the art of merchandising products and services