Forty-four percent of all registered voters in a national election are female. A random sample of 5 voters is selected.  The probability that there are no females in the sample is

A. 0.0551.
B. 0.9450.
C. 0.4400.
D. 0.1649.


Answer: A

Business

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Marketing return on investment equals ________

A) profits/marketing & sales expenses x 100% B) net marketing contribution/marketing & sales expenses x 100% C) gross margin/total expenses x 100% D) net marketing contribution/operating expenses x 100% E) sales revenues/marketing & sales expenses x 100%

Business

Assume that Zonk is a potential leveraged buyout candidate. Assume that the buyer intends to put in place a capital structure that has 70 percent debt with a pre tax borrowing cost of 14 percent and 30 percent common equity. Compute the weighted average cost of capital for Zonk based on the new capital structure

a. 8.85% b. 12.56% c. 13.01% d. 9.94%

Business

Carson Products Inc manufactures LEDs (light emitting diodes) for use in vehicles. On September 30, the company had 5,000 LED units in inventory. The company's policy is to maintain a LED ending inventory equal to 25% of next month's expected sales. In addition, each LED manufactured requires 2 minutes of assembly and inspecting time at a cost of $.30 per minute. The company expects the following

sales activity for the fourth quarter of the year: October 90,000 units November 100,000 units December 80,000 units What is the projected direct labor cost for November? A) $72,000 B) $63,000 C) $60,000 D) $57,000

Business

The Japanese equivalent for the word individual has a negative connotation

Indicate whether the statement is true or false.

Business