The selling price of various homes in a community follows the normal distribution with a mean of $176,000 and a standard deviation of $22,300 . What is the probability that the next house will sell for less than $158,000?


0.2090

Business

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Which of the following should not be considered as part of "cash and cash equivalents"?

a. Cash on hand b. Cash on deposit c. Highly liquid investments d. Investments in short-term securities (<90 day maturity) e. Cash restricted for retirement of bonds

Business

Which of the following elements of financial statements is not a component of comprehensive income?

a. Revenues b. Expenses c. Losses d. Distributions to owners e. All of these are components of comprehensive income.

Business

Jones Company is considering purchasing a new truck. The decision has been narrowed to two models. The cost of each of these two trucks is relevant to this business decision

Indicate whether the statement is true or false

Business

Jorge realized his core target audience was characterized by common leisure activities (museum visits, polo matches), shopping patterns (preference for boutiques, designer labels), and media habits (read Robb Report, Wall Street Journal, Financial Times).  His target audience may be most appropriately characterized by 

A. situational influences. B. demographics. C. motives. D. avoidance reference group. E. social class.

Business