Pedro has been analyzing recruitment statistics at TruTech. One of the figures he needs to report to his supervisor is the average recruiting cost for each new hire last year. He can find this number by dividing the total recruiting costs by the number of people hired.
Answer the following statement true (T) or false (F)
True
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Which one of the following is considered a financing activity?
a. The payment of interest on a note payable to the bank b. Selling products to customers c. Paying wages to employees d. The payment of a cash dividend
Direct suggestion is most likely popular among professional salespeople because the method:
A. relies on inoffensive buying suggestions and recommendations. B. relates competing products to negative information and quality concerns. C. requires buyers to imagine using a product. D. encourages immediate purchases. E. links products to famous people and firms.
In order to estimate the average electric usage per month, a sample of 64 houses was selected and the electric usage was determined. Assume a population standard deviation of 320 kilowatt-hours. The standard error of the mean is
A. 320. B. 64. C. 400. D. 40.
The cost of capital used in capital budgeting should reflect the average cost of the various sources of investor-supplied funds a firm uses to acquire assets.
Answer the following statement true (T) or false (F)