If two variables,xandy, have a strong linear relationship, then
A. the correlation coefficient is a positive number.
B. the correlation coefficient is 0.
C. the correlation coefficient is a negative number.
D. theFtest is used to conclude there is a causal relationship betweenxandy.
Answer: A
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Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2013 was 10,000 units. On average, 25 percent of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150
per unit. What would be the sales budget for March of Fantastic Futons? A) $7,200,000 B) $8,000,000 C) $6,750,000 D) $9,000,000
Which of the following statements is a correct and useful rule in constructing networks?
a. Network diagrams start at the top right and flow down to the left. b. We can never have one arrow crossing another. c. An activity cannot begin until all preceding activities have been completed. d. An activity can be repeated as desired.
Larsen Company began the current year with balances in accounts receivable and allowance for doubtful accounts of $45,700 and $1,280, respectively. The company reported credit sales of $475,250 during the year, collected $480,200, and wrote off $800 of uncollectible accounts. Larsen Company estimates that 12% of its accounts receivable balance will be uncollectible.Required:a) Determine the balance in the allowance for doubtful accounts as of the end of the current year.b) Compute Larsen Company's uncollectible accounts expense for the current year.c) Determine Larsen's net realizable value of accounts receivable as of the end of the current year.
What will be an ideal response?
The two general approaches to measuring company sales potential are the breakdown and the buildup approach.
Answer the following statement true (T) or false (F)