The probability distribution of the daily demand for a product is shown below.
Demand
Probability
0
0.05
1
0.10
2
0.15
3
0.30
4
0.25
5
0.10
6
0.05
?
a.What is the expected number of units demanded per day?b.Determine the variance and the standard deviation.
What will be an ideal response?
?
| a. | 3.1 |
| b. | variance = 2.09 std. dev. = 1.446 |
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Which of the following most likely would be classified as a current liability?
A) Mortgage payable B) Dividends payable C) Five-year notes payable D) Bonds payable
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Total CompanySouthern NorthernSales$8,000,000$5,000,000 $3,000,000 Contribution margin$3,300,000$2,100,000 $1,200,000 Divisional segment margin$2,000,000$1,400,000 $600,000 Net operating income last year for Nantor Corporation was $800,000.In last year's income statement segmented by division, what were Nantor's total common fixed expenses?
A. $1,300,000 B. $1,200,000 C. $1,250,000 D. $1,600,000
Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary products
a. 5.95 × 0.025 b. $45.83 × 21.6 c. 470.028 × 0.0906
What is the design phase in the SDLC?
A. Involves placing the system into production so users can begin to perform actual business operations with the system. B. Involves describing the desired features and operations of the system. C. Involves analyzing end-user business requirements and refining project goals into defined functions and operations of the intended system. D. Involves establishing a high-level plan of the intended project and determining project goals.