Under which of the following circumstances would the saturation levels of a product most likely increase in a global market?
A) when the national income per capita of a country increases
B) when product supply does not meet product demand
C) when a product appeals to only a few segments of a targeted market
D) when the economic growth of a country stagnates
A
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Wellston Company's net income last year was $300,000. The company has 100,000 shares of common stock and 30,000 shares of preferred stock outstanding. There was no change in the number of common or preferred shares outstanding during the year. The company declared and paid dividends last year of $1.90 per share on the common stock and $1.70 per share on the preferred stock. The earnings per share
of common stock is closest to: A) $3.51 B) $1.10 C) $2.49 D) $3.00
Fisher Company has been named as the defendant in a class action lawsuit. In addition, the company is located in a region that normally has an active hurricane season. Indicate whether each of the following statements is true or false.________ a) If the likelihood of a future obligation is probable and can be reasonably estimated, a liability should be recognized on the balance sheet.
________ b) If the outcome is probable, but cannot be reasonably estimated, the contingency should be disclosed in the notes to the financial statements. ________ c) If the outcome is reasonably possible but not likely, the contingency should be disclosed in the notes to the financial statements. ________ d) Every lawsuit, regardless how frivolous, should be disclosed in the notes to the financial statements. ________ e) Since it is located in a region for which an active hurricane season has been predicted, the company must disclose the contingent liability, which is the potential for catastrophic loss, in the notes to their financial statements. What will be an ideal response?
A single-sampling plan using a sample size of 50 on a lot size of 2,000 has the following performance:
Proportion Defective Probability of Acceptance 0.01 0.98 0.02 0.95 0.03 0.90 0.04 0.74 0.05 0.41 0.06 0.15 Today the company making the purchase receives two lots of 2,000 items and the inspection department is in a big hurry. Which action will result in an identical AOQL for the purchasing company? A) Take a random sample of 25 from each lot and accept or reject both lots based on the results. B) Take a random sample of 50 from one lot and accept or reject the second lot based on the first lot's results. C) Take a random sample of 100 from one lot and accept or reject the second lot based on the first lot's results. D) Take a random sample of 50 from each lot and accept or reject each lot based on the results.
What purpose do currency linked options serve?
What will be an ideal response?