A population consists of 8 items. The number of different simple random samples of size 3 (without replacement) that can be selected from this population is _____
a. 24
b. 56
c. 512
d. 128
b
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The "dormant" Commerce Clause limits the authority of the states to interfere with the flow of interstate commerce by:
A. prohibiting state laws that openly discriminate against interstate commerce. B. prohibiting state legislation that unduly burdens intrastate commerce. C. limiting a state's ability to tax vendors. D. limiting the states from furthering only state interests.
Partners Dennis and Lilly have decided to liquidate their business. The following information is available: Cash$100,000 Accounts payable$100,000 Inventory 200,000 Dennis, Capital 120,000 Lilly, Capital 80,000 $300,000 $300,000 Dennis and Lilly share profits and losses in a 3:2 ratio. During the first month of liquidation, half the inventory is sold for $60,000, and $60,000 of the accounts payable is paid. During the second month, the rest of the inventory is sold for $45,000, and the remaining accounts payable are paid. Cash is distributed at the end of each month, and the liquidation is completed at the end of the second month.Refer to the information provided above. Using a safe payments schedule, how much cash will be distributed to Dennis at the end of
the second month? A. $27,000 B. $36,000 C. $60,000 D. $18,000
Stomberg Corporation has provided the following data concerning an investment project that it is considering: Initial investment$550,000 Annual cash flow $180,000per yearSalvage value at the end of the project 14,000?See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the project is 4 years. The company's discount rate is 10%. The net present value of the project is closest to:
A. $184,000 B. $29,982 C. $579,982 D. $20,420
Which of the following dominates the local mobile search market?
A. Twitter B. Apple C. Facebook D. Google