You cannot calculate and interpret differences between numbers assigned to ordinal data

Indicate whether the statement is true or false


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Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information:  Labor rate, including fringe benefits$75per hourAnnual labor hours 6,350hoursAnnual materials purchase$1,206,250 Materials purchasing, handling, and storage$241,250 Overhead for depreciation, taxes, insurance, etc.$670,000 Target profit margin for both labor and materials 25%   What should Shale set as the materials markup per dollar of materials used?

A. 50%. B. 45%. C. 25%. D. 40%. E. 20%.

Business

In order to vote shares at a shareholders' meeting, a person must own the shares as of:

A) The date of the meeting. B) The date the notice of the meeting is given. C) The voting date. D) The record date. E) The dates the shareholders' list is prepared.

Business

In the context of experimentation, what is another way to think about the word failure?

a. intentional iteration b. bad failures c. controlled research d. unnecessary mistakes

Business

Which preference category within the Myers-Briggs indicates a preference for whether people like things closed, settled, and completed or prefer to keep options open and flexible?

a. Extraversion or Introversion b. Sensing or Intuition c. Thinking or Feeling d. Judging or Perceiving

Business