Which of the following is a discrete random variable?

A. The number of times a student guesses the answers to questions on a certain test
B. The amount of gasoline purchased by a customer
C. The amount of mercury found in fish caught in the Gulf of Mexico
D. The height of water-oak trees


Answer: A

Business

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The length of the investment in a foreign country has no impact on the risk assessment for that investment. What matters are the economic and political situations in the country.

Answer the following statement true (T) or false (F)

Business

Answer the following statements true (T) or false (F)

Economic profit is sometimes referred to as abnormal earnings.

Business

Green Company reports depreciation expense of $49,000 for Year 2. Also, equipment costing $167,000 was sold for a $5900 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$655,000? $822,000? Accumulated Depreciation-Equipment 464,000?  545,000? 

A. $42,900. B. $86,000. C. $37,000. D. $31,100. E. $49,000.

Business

All of the following are typical channels used by retailers except

A. wholesalers B. stores. C. restaurants and hotels. D. the Internet. E. catalogs.

Business