Bilkis Brans has 20,000 outstanding shares with four shareholders. Ester owns 9,000 shares, Mendez owns 4,000 shares, Judy owns 4,000 shares, and Aaron owns 3,000 shares. Suppose that two directors of the corporation are to be elected from a potential pool of five candidates. Ester favors candidates 1 and 5, Mendez favors candidates 2 and 4, Judy favors candidates 3 and 4, and Aaron favors candidates 2 and 3. If straight voting occurs, which of the two candidates are likely to win?
A. candidates 1 and 5
B. candidates 1 and 4
C. candidates 2 and 3
D. candidates 2 and 4
Answer: A
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An ad's ____ is designed to attract readers' attention and develop interest so that they will read the entire advertisement.
A. signature B. layout C. headline D. artwork E. subheadline
Fielding Wilderness Outfitters had projected its sales for the first six months of 2010 to be as
follows: Jan. $250,000 April $300,000 Feb. $340,000 May $350,000 Mar. $280,000 June $380,000 Cost of goods sold is 60% of sales. Purchases are made and paid for two months prior to the sale. 40% of sales are collected in the month of the sale, 40% are collected in the month following the sale, and the remaining 20% in the second month following the sale. Total other cash expenses are $40,000/month. The company's cash balance as of March 1st, 2010 is projected to be $40,000, and the company wants to maintain a minimum cash balance of $15,000. Excess cash will be used to retire short-term borrowing (if any exists). Fielding has no short-term borrowing as of March 1st, 2010. Assume that the interest rate on short-term borrowing is 1% per month. What is Fielding's projected total receipts (collections) for April? A) $124,000 B) $36,000 C) -$4,000 D) $180,000
________ occurs when the target of influence agrees with and becomes committed to the influence request.
A. Consultation B. Ingratiation C. Resistance D. Internalization E. Collaboration
A market study taken at a local sporting goods store showed that of 20 people questioned, 6 owned tents, 10 owned sleeping bags, 8 owned camping stoves, 4 owned both tents and camping stoves, and 4 owned both sleeping bags and camping stoves. Let event A = owns a tent, event B = owns a sleeping bag, event C = owns a camping stove, and sample space = 20 people questioned
a. Find P(A), P(B), P(C), P(A?C), P(B?C). b. Are events A and C mutually exclusive? Explain briefly. c. Are events B and C independent events? Explain briefly. d. If a person questioned owns a tent, what is the probability he also owns a camping stove? e. If two people questioned own a tent, a sleeping bag, and a camping stove, how many own only a camping stove? f. Is it possible for three people to own both a tent and a sleeping bag, but not a camping stove?