A quality control process detected 16 defective products this week. If this number represents 2% of the total production, what was the total number of products produced this week?
What will be an ideal response?
800 products
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Although likability is not as important as other dimensions, salespeople should still attempt to find a common ground or interest with all buyers.
Answer the following statement true (T) or false (F)
Victoria is a budget analyst at Young Industries. She used the least squares regression method to separate the plant's monthly utilities cost into its fixed and variable components. The results were as follows: Y = 3,250 + .054 X X = the number of units produced R2 = .892 How should Victoria interpret the R2 of .892?
a. The equation is a better predictor of fixed costs than of variable costs 89.2% of the time. b. The equation will accurately predict utility costs 89.2% of the time. c. Fixed costs make up 89.2% of the total semi-variable cost in any given month. d. The number of units produced explains 89.2% of the variation in the plant utilities cost.
Harvest Corporation's capital stock at December 31 consisted of the following: (a) Common stock, $2 par value; 100,000 shares authorized, issued, and outstanding. (b) 10% noncumulative, nonconvertible preferred stock, $100 par value; 1,000 shares authorized, issued, and outstanding. Harvest's common stock, which is listed on a major stock exchange, was quoted at $4 per share on December 31
Harvest's net income for the year ended December 31 was $50,000 . The yearly preferred dividend was declared. No capital stock transactions occurred. What was the price- earnings ratio on Harvest's common stock at December 31? a. 6 to 1 b. 8 to 1 c. 10 to 1 d. 16 to 1
Which one of the following appropriately connects the plaintiff's burden of proof with his or her legal status as a person?
A. Both public officials and private figures need to show negligence B. Public officials need to show actual malice, whereas private figures need to show negligence C. Both public officials and private figures need to show actual malice D. Public officials need to show negligence, whereas private figures need to show actual malice E. Both negligence and actual malice must be shown, regardless of the plaintiff's legal status as a person