The Student t distribution looks similar in shape to a standard normal distribution, except it is not as widely spread
Indicate whether the statement is true or false
F
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Bonds in the amount of $100,000 and a life of 10 years were issued by the Focus Company. If the face rate is 6% and interest is paid semiannually, what would be the total amount of interest paid over the life of the bonds?
a. $ 60,000 b. $120,000 c. $ 30,000 d. $ 6,000
Which of the following is not a rationale for purchasing to be a separate function?
a. Purchasing promotes efficiency and effectiveness. b. Purchasing eliminates potential favoritism. c. Purchasing reduces the opportunity for fraud. d. Purchasing decentralizes control.
BRIC stands for ______.
a. Bolivia, Romania, Indonesia, Croatia b. Bulgaria, Republic of Korea, Iceland, Cuba c. Belgium, Rwanda, Italy, Costa Rica d. Brazil, Russia, India, China
The Chisholm Company purchased a machine on November 1 . 2005, for $148,000 . At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated salvage value of $4,000 . Chisholm has recorded monthly depreciation using the straight-line method. On July 1 . 2014, the machine was sold for $13,000 . What should be the loss recognized from the sale of the
machine? a. $4,000 b. $5,000 c. $10,200 d. $13,000