Weekly stock closing prices for IBM would be classified as which of the following?
A) Cross-sectional data
B) Time-series data
C) Nominal data
D) Ordinal data
B
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Which of the following factors reduces unit costs over the product life cycle?
A) increased promotion and training efforts B) smaller orders of materials C) increased use of specialized equipment D) greater turnover of personnel
A five-member Public Company Accounting Oversight Board oversees the audit of public companies, and the SEC oversees the Board
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT a reason why companies develop new products?
A) to stay ahead of or match the competition B) to continue to expand revenues and profits C) to fill out a product line D) to create a new market E) to take advantage of an opportunity
The following transactions occurred last year at Jolly Corporation:Issuance of shares of the company's own common stock$ 120,000Dividends paid to the company's own shareholders$ 1,000Sale of long-term investment$ 7,000Interest paid to lenders$ 13,000Retirement of the company's own bonds payable$ 60,000Proceeds from sale of the company's used equipment$ 8,000Purchase of property$ 170,000Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows would be:
A. $(109,000) B. $46,000 C. $179,000 D. $59,000