Historically, the average proportion of defective bars has been 0.015 . Samples will be of 100 bars each. Construct a p-chart using x=3 . Suppose a sample had 0.044 defectives. What would be the best action to take in this scenario?
a. Nothing; it appears to be random variation.
b. Look for assignable causes.
c. Change z to 2 and take another sample.
d. Change z to 4 and continue sampling.
A (UCL p-bar = 0.0513)
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_____ keyboards are split in the middle, and the two parts are twisted outward to better fit the natural position of the forearms.
A. Ergonomic B. QWERTY C. Dvorak D. AZERTY
Barbara, a wealthy widow, promises the pastor of her church that she will donate $30,000 to the church to help pay off its mortgage if the stewardship committee can obtain enough pledges for the balance of the $60,000 mortgage. Other pledges are obtained to pay off the mortgage, but now Barbara has changed her mind and plans to take an around-the-world cruise instead. In this case:
a. Barbara's promise to pay $30,000 is enforceable because it was a promise made to satisfy a preexisting moral obligation. b. the promise to pay $30,000 is a promise to give a gift and is therefore not enforceable. c. under the Restatement of Contracts, Barbara's promise is enforceable. d. Two of these.
Which one of the following statements is TRUE?
A. A corporate golf club membership is an example of a nonpecuniary benefit B. Firms borrowing money have greater flexibility to use that money when there are debt covenants. C. When lenders protect themselves from the risk of asset switching by raising the interest rate, the firm's WACC can decrease. D. A lender calling in a corporate loan and then lending the funds out to a safer borrower is an example of asset switching. E. A supplier substituting a lower-quality raw material without approval is an example of asset switching.
It is not unusual for companies to issue ____ type(s) of common stock and ____ type(s) of preferred stock.
A. one; one B. two; one C. one; many D. many; one E. zero; several