The Pearson product moment correlation measures the linear relationship between two metric-scaled variables

Indicate whether the statement is true or false


TRUE

Business

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The price-earnings ratio is calculated by dividing:

A. Dividends per share by earnings per share. B. Market value per share by earnings per share. C. Market value per share by dividends per share. D. Dividends per share by market value per share. E. Earnings per share by market value per share.

Business

Internet sites, physical stores, and kiosks are most closely associated with which element of the marketing mix?

A. price B. promotion C. place D. product E. proximity

Business

Mr. Cartledge places his estate in a trust while he is alive, and he names a local bank as the trustee to administer the trust and invest its assets

The trust designates his wife as the income beneficiary of his estate and stipulates that their children Brendan and Margaret will receive the assets of the trust after his wife's death. Brendan and Margaret are the ________ in this scenario. A) collateral heirs B) income beneficiaries C) remainder beneficiaries D) settlors

Business

The Vermont Company has requested a performance report that reports both sales activity variances and flexible budget variances. The following table of information is provided:  Static Budget   Flexible Budget   Actual Results?Number of units10,000 F/U 12,000 F/U 12,000?Sales$430,000    $516,000    $526,000 ?Less variable costs:               ?Materials 102,200     122,640     124,640 ?Labor 86,000     103,200     105,200 ?Overhead 51,600     61,920     57,920 ?Selling and administrative 34,400     41,280     39,280 ?Contribution margin$155,800    $186,960    $198,960 ?Less fixed

costs:               ?Manufacturing 36,000     36,000     34,000 ?Selling and administrative 74,000     74,000     76,000 ?Net income$45,800    $76,960    $88,960 ?? Required:(1) Compute and enter the variances and label the variances as favorable (F) or unfavorable (U).(2) Which variances are sales volume variance and which variances are flexible budget variances?(3) Comment on this company's performance. What will be an ideal response?

Business