Nancy Joon, Inc has 1500 employees. A simple random sample of 81 employees was selected, and the individuals in the sample were asked how much they contribute (monthly) to their retirement accounts. The sample mean, x, was $150 with a standard deviation, s, of $45
a. Estimate the standard error of the mean.
b. Develop an approximate 95% confidence interval for the population mean.
a. 4.86 (rounded)
b. $140.28 to $159.72
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Orlov Corporation purchased 8,500 shares of Matsey Corporation common stock for $40 per share on January 1, 2009 . Matsey reported net income of $120,000 for 2009 and paid dividends of $45,000 during 2009 . As of December 31, 2009, the market value of Matsey Corporation common stock was $40 per share. Assuming the shares owned by Orlov represent 30 percent of the total outstanding stock of
Matsey, Orlov Corporation should report the long-term investment on December 31, 2009, at a carrying value of a. $362,500. b. $376,000. c. $353,500. d. $340,000.
Which of the following conflict-handling styles is when both parties confront the issue directly and discuss alternative courses of action?
A. obliging B. avoiding C. compromising D. integrating
Where the owner or operator of a vessel is willing to carry goods for more than one person, the vessel is known as a free carrier
Indicate whether the statement is true or false
Two firms-Tangerine Inc. and Cyan Inc. analyze the same project for capital budgeting decision. Tangerine Inc. determines that the project's internal rate of return (IRR) is 9 percent. Cyan Inc. uses the net present value (NPV) method and determines that the project is unacceptable. Given this information, which of the following statements is correct??
A. ?The net present value of the project must be positive for both the firms. B. ?Cyan Inc.'s internal rate of return (IRR) from the project is less than 9 percent. C. ?Tangerine's CFO should use the traditional payback period method to evaluate the project. D. ?Tangerine Inc. should use a discount rate of more than 9 percent for capital budgeting analysis by the net present value (NPV) method. E. ?Cyan Inc.'s required rate of return is greater than 9 percent.