The Central Limit Theorem:
A) is the theoretical foundation of the c-chart.
B) states that the average of assignable variations is zero.
C) allows managers to use the normal distribution as the basis for building some control charts.
D) states that the average range can be used as a proxy for the standard deviation.
E) controls the steepness of an operating characteristic curve.
C
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Which of the following is true concerning the direct method of calculating operating cash flows?
A) does not tie the net income reported on a company's income statement to the net cash provided from operating activities B) does not show how the changes in the elements of a company's operating cycle affected its operating cash flows C) reports a company's operating cash inflows separately from its operating cash outflows D) All of these choices are true concerning the direct method.
The Internet is making global price differences more obvious, forcing companies toward more standardized international pricing
Indicate whether the statement is true or false
High-contact services differ greatly from low-contact services. Give two examples of each
What will be an ideal response?
Salashar, Inc.'s balance sheet is as follows:
Cash $1,000,000 Current Liabilities $1,300,000 Other Current Assets $2,000,000 Long-term Debt $4,100,000 Long-term Assets $8,000,000 Common Stock $5,000,000 Retained Earnings $600,000 Total Assets $11,000,000 Total Liab. And Equity $11,000,000 Salashar decides to pay a dividend. Which of the following statements is MOST correct? A) The dividend cannot exceed $1,000,000, the amount of cash available. B) The dividend cannot exceed $600,000, the amount of retained earnings. C) The dividend cannot exceed $11,000,000, the amount of total assets. D) The dividend cannot exceed $1,700,000, the amount of net working capital.