A statistician employed by a consumer testing organization reports that at 95% confidence he has determined that the true average content of the Uncola soft drinks is between 11.7 to 12.3 ounces. He further reports that his sample revealed an average
content of 12 ounces, but he forgot to report the size of the sample he had selected. Assuming the standard deviation of the population is 1.28, determine the size of the sample.
70
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The goal for treasurers, who are responsible for managing an organization's cash resources, is to make funds available so that they can be used to acquire revenue-generating assets, be invested to earn interest, or be used to reduce debt, thus saving interest charges
Indicate whether the statement is true or false
In preparing a statement of cash flows, sale of treasury stock at an amount greater than cost would be classified as a(n)
a. transfer activity. b. operating activity. c. investing activity. d. financing activity.
Lopez Co is interested in purchasing equipment that would improve its operational efficiency. The cost of the equipment is $400,000 with an estimated residual value of $30,000 and a useful life of ten years. The equipment is expected to generate cash inflows of $60,000 a year. The company's minimum rate of return is 8 percent. The present value of $1 for ten years at 8 percent is 0.463, and the
present value of an annuity of $1 at 8 percent and ten years is 6.710. Using the above information for Lopez, the actual rate of return that the project earns is A) negative. B) greater than 8 percent. C) less than 8 percent. D) equal to 8 percent.
Where will you find detailed instructions or explanations in the dictionary?
A) front matter B) back matter C) guide words D) entry