The Automated Clearing House system among banks is an example of a standardized interenterprise system

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is not a primary activity in the Value Chain?

A. Marketing. B. Inbound Logistics. C. Information Technology. D. Outbound Logistics.

Business

The number of days' sales in receivables

A) is an estimate of the length of time the receivables have been outstanding B) measures the number of times the receivables turn over each year C) is Net Credit Sales divided by Average Receivables D) is not meaningful and therefore is not used

Business

Data from Lheureux Corporation's most recent balance sheet and the company's income statement appear below: Year 2Year 1Total assets$1,440 $1,480 Total liabilities$400 $450 Total stockholders' equity$1,040 $1,030 Income StatementFor the Year Ended December 31, Year 2(in thousands of dollars)Sales (all on account)$1,280 Cost of goods sold 850 Gross margin 430 Selling and administrative expense 355 Net operating income 75 Interest expense 18 Net income before taxes 57 Income taxes (30%) 17 Net income$40 The debt-to-equity ratio at the end of Year 2 is closest to:

A. 0.38 B. 0.16 C. 0.43 D. 0.13

Business

The following information was obtained from matched samples taken from two populations. Assume the population of differences is normally distributed. Individual Method 1 Method 2 1 7 5 2 5 9 3 6 8 4 7 7 5 5 6 ? The 98% confidence interval for the difference between the two population means is

A. -3.776 to 1.776. B. -4.747 to 2.747. C. -1.776 to 2.776. D. -4.747 to 1.776.

Business