The weight of an object is an example of
A. a continuous random variable.
B. a discrete random variable.
C. either a continuous or a discrete random variable, depending on the nature of the object.
D. either a continuous or a discrete random variable, depending on the unit of measurement.
Answer: A
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Although businesses engage in a wide variety of activities, all of these activities can be categorized into three types. Which of the following choices best reflects these three types of business activities?
a. Operating, financing, reporting b. Investing, reporting, financing c. Operating, financing, investing d. Investing, reporting, operating
Consider a bank that has $10 million as reserves, $5million as securities, and $100 million as transaction accounts. If a customer, who is a government securities dealer, sells $2 million in securities to the Fed ?
A. the bank's transaction accounts reduce to $98 million. B. the bank's securities reduce by $4 million. C. the bank's reserves increase to $12 million. D. the bank's loans reduce by $2 million.?
Lucille and Michael work together. Lucille goes into work earlier and sometimes works through lunch. She does not notice that Michael stays late many evenings producing about the same completed projects. If Lucille feels that Michael’s outcomes and inputs ratio is greater than her own ratio, Lucille will feel a
a. Perceived equity b. Perceived inequality c. Uncontrolled inequality d. Perceived inequity
The following balance sheet information is provided for Apex Company for Year 2:Assets Cash$5,400 Accounts receivable 15,500 Inventory 18,000 Prepaid expenses 1,600 Plant and equipment, net of depreciation 20,200 Land 19,950 Total assets$80,650 Liabilities and Stockholders' Equity Accounts payable$4,500 Salaries payable 11,500 Bonds payable (due in ten years) 19,000 Common stock, no par 30,000 Retained earnings 15,650 Total liabilities and stockholders' equity$80,650 What is the company's working capital?
A. $24,500 B. $22,900 C. $20,300 D. $4,900