A sample of 61 elements is selected to estimate a 95% confidence interval for the variance of the population. The chi-square values to be used for this interval estimation are
A. 40.482 and 83.298.
B. 32.357 and 71.420.
C. 34.764 and 67.505.
D. 43.188 and 79.082.
Answer: A
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Basic Solutions Company reported net earnings of $60,000, declared and paid cash dividends on its common stock in the amount of $40,000 during the year, and sold 3,000 shares of $2 par value common stock for $15 per share during the year. What effects would these transactions have on the stockholders' equity accounts shown below? Retained Earnings Common Stock
a. increase increase b. increase decrease c. decrease increase d. decrease decrease
Which of the following is TRUE of a liquidation of a partnership?
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How does the text define “fairness”?
a. making decisions according to rules not based on personal biases b. treating everyone with dignity c. equal distribution of scarce resources d. making fair distinctions among possible options
A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $10/hour and she will work 200 hours each month
If each new client adds $400 of profit to the firm, how many clients must the secretary arrange for the firm to break even?