Nico Corporation has annual purchases of $300,000 and accounts payable of $30,000, then average purchases per day are ________ and the average payment period is ________
A) 36.5; 821.9
B) 36.0; 833.3
C) 821.9; 36.5
D) 833.3; 36.0
C
You might also like to view...
In multiple regression, the strength of association is measured by the square of the multiple correlation coefficient, which is called the ________
A) coefficient of multiple determination B) variance C) standard error of the mean D) standard deviation E) squared deviation
Five years ago Rogue Construction Inc. issued 20-year maturity fixed-rate bonds at par with a 10% coupon rate. Today those same bonds carry a 14% yield to maturity. Which of the following statements about this bond issue could be TRUE?
A) Since issue, the economy-wide rate of inflation has increased. B) The market believes there is greater risk associated with this bond than at the issue date. C) Both A and B may be true. D) Neither A nor B could be true.
Former U.S. President Bill Clinton behaved in a/an ______ manner when he didn’t intervene in the Rwandan genocide that took the lives of 800,000–1 million people in 1994.
A. insular B. callous C. rigid D. corrupt
Hazards may increase either the frequency or the severity of losses
Indicate whether the statement is true or false