A continuous probability distribution that is useful in describing the time, or space, between occurrences of an event is a(n) _____ probability distribution
a. normal
b. uniform
c. exponential
d. Poisson
c
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When attempting to identify the economic characteristics of the industry in which a particular firm participates an analyst might ask which of the following questions?
a. Does technological change play an important role in the firm maintaining a competitive advantage? b. Has the firm diversified across several geographic markets? c. Has the firm recognized revenues at the proper time? d. Has the firm structured transactions to make it look more profitable than economic conditions suggest?
According to equity theory, which factor is not considered in determining whether an employee is being treated fairly?
a. the ratio of the effort she puts into the reward she gets b. how much she earns compared to others doing the same job c. the favoritism displayed by her supervisor to a coworker d. whether and employee has enough self-efficacy
Plum Corporation issues $400,000 of 7 percent, five-year bonds on January 1, 20x5, and sells them on the same date for their face value. The bond indenture states that interest is to be paid on January 1 and July 1 of each year. The entry to record the issuance includes
A) a credit to Cash. B) a credit to Bonds Payable. C) a credit to Interest Expense. D) All of these choices.
During the first week of February, Gabe Hopen earned $300 . Assume that FICA taxes are 7.65 percent of wages up to $106,800, state unemployment tax is 5.0 percent of wages up to $13,000, and federal unemployment tax is 0.8 percent of wages up to $13,000 . Assume that Gabe has voluntary withholdings of $10 (in addition to taxes) and that federal and state income tax withholdings are $18 and $6,
respectively. Using the information above, what amount is the check, net of all deductions, that Gabe received for the week's pay? a. $243.05 b. $259.60 c. $274.60 d. $277.00