Website designers are examples of specialized human resources required by a firm that wishes to successfully carry on any significant e-business activities.
Answer the following statement true (T) or false (F)
True
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Eunice buys a worm farm. She plans to sell a small carton of worms to people who want to fish for $3. Her fixed costs are $1,201, and her variable cost for each carton sold is $.75. How many cartons of worms does Eunice need to sell to reach her break-even quantity?
A. 2712 B. 400 C. 534 D. 321 E. 888
Delongis Corporation, a merchandising company, reported the following results for June: Number of units sold$1,200unitsSelling price per unit$221per unitUnit cost of goods sold$97per unitVariable selling expense per unit 12per unitTotal fixed selling expense$7,300 Variable administrative expense per unit$8per unitTotal fixed administrative expense$15,300 The gross margin for June is:
A. $102,200 B. $242,600 C. $148,800 D. $124,800
The elements of the promotional mix include advertising, sales promotion, personal selling, and competitive advantage.
Answer the following statement true (T) or false (F)
An unbiased estimator is a sample statistic:
a. used to approximate a population parameter b. which has an expected value equal to the value of the population parameter c. whose value is usually less than the population parameter d. that incorporates the standard error of the mean