What is the probability that exactly six RVs are sold next month?

A) 0.266
B) 0.508
C) 0.232
D) 0.161


D

Business

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Victor Corporation issues $1,000,000, 10-year, 8% bonds at 96. The journal entry to record the issuance will show a:

A) debit to Cash of $1,000,000. B) credit to Discount on Bonds Payable for $40,000. C) credit to Bonds Payable for $960,000. D) debit to Cash for $960,000.

Business

An activity on a PERT network has these time estimates: optimistic = 2, most likely = 5, and pessimistic = 10. What is its expected activity time?

A) 5.00 B) 5.33 C) 5.67 D) 10.67 E) 32.00

Business

On March 31, Adolpha, Inc. reported the following information on its financial statements. What is the available net working capital for Adolpha, Inc.?

A) -$253,844 B) -$132,366 C) $121,578 D) $1,873,020

Business

A means of settling disputes, under which parties submit the matter to a neutral third party of their choosing to resolve the dispute by issuing a binding decision is called:

a. mediation b. negotiation c. mini-trial d. summary jury trial e. none of the other choices are correct

Business