Which of the following symbols represents the mean of the population?

A. ?2
B. ?
C. ?
D.


Answer: C

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Refer to the following data: Net sales, first month $13,000 Normal gross profit as a percentage of sales 45% Inventory, start of period $8,000 Net purchases, first month $7,000 Using the gross profit method of inventory estimation, the cost of goods sold would be

a. $5,850. b. $7,150 c. $7,850 d. $15,000.

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To the maker of a note, the note is a(n) ____________________

Fill in the blank(s) with correct word

Business

Which of the following statements is true about the pretrial litigation process?

A. To initiate a lawsuit, the plaintiff must file an appeal in the proper court. B. If the plaintiff does not answer a complaint, a default judgment is entered against him or her. C. A plaintiff files a cross-complaint against the defendant to seek damages. D. A default judgment establishes the defendant's liability.

Business

Perhaps the most reliable way for a company to improve its financial performance over time is to

A. recognize that the achievement of strategic objectives signals that the company is well positioned to sustain or improve its performance. B. not allocate any resources to the achievement of strategic objectives until it is very clear that the company can meet or beat its stretch financial performance targets. C. put 100 percent emphasis on the achievement of its short-term and long-term financial objectives. D. avoid use of the balanced-scorecard philosophy since achievement of financial performance targets is obviously more important than the achievement of strategic performance targets. E. substitute financial intent for strategic intent and judiciously concentrate on the mission of making a profit.

Business