One important special case of bounded distributions is when the only possible values are:

a. zero or one
b. uniformly distributed around the mean
c. skewed to the right
d. nonnegative


d

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Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest

are from the October 20 purchase, the cost assigned to ending inventory is A) $3,840. B) $3,312. C) $3,372. D) $3,176.

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Goodwill messages are personal communication and should be written as though two people were having a conversation.

Answer the following statement true (T) or false (F)

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Naomi tells Ogden, who has no knowledge of Shakespearean comedy, that she will tutor him in the subject for $50. As an offer, this is

a. effective. b. not effective because comedy is not a serious subject. c. not effective because Naomi's tutoring will be subjective. d. not effective because Ogden has no knowledge of the subject.

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Which one of the following statements concerning the tax treatment of municipal bonds is correct?

A) The interest income on municipal bonds is subject to federal income tax. B) The capital gain realized on the sale of a municipal bond is tax-free income. C) Interest income on a municipal bond is usually exempt from state and local income taxes if the bond is issued by the state or locality in which the investor resides. D) Municipal bonds receive no special income tax treatment.

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