A professor would like to assign grades such that 5% of students receive As. If the exam average is 62 with a standard deviation of 13, what grade should be the cutoff for an A? (Round your answer.)

A) 80
B) 83
C) 90
D) 93


Answer: B

Business

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Which of the following features of the NAICS is not seen in the SIC?

A) The NAICS uses a digit based hierarchical system for classification. B) The NAICS codes facilitate international use. C) The NAICS was developed exclusively by the U.S. Census Bureau. D) The NAICS uses industry data collected by the U.S. Census Bureau.

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Pursuant to per capita distribution, all the lineal descendants equally share the property of the estate

Indicate whether the statement is true or false

Business

In trying to assure that managerial actions lead to shareholder value maximization, a risk can come about if the market value of a firm becomes less than its book value. The risk is

A. the firm will be delisted by the stock exchange. B. it becomes an attractive takeover target. C. the Securities and Exchange Commission will not allow it to declare dividends until the market value exceeds the book value. D. the firm will be unable to service its debt.

Business

A franchisee ordinarily pays an initial fee or lump sum price for a franchise license.

Answer the following statement true (T) or false (F)

Business