Delivery time by courier services is important to stock brokers. One such firm wishes to estimate the average time taken by couriers delivering negotiable securities in New York City. Specifically, the firm randomly samples 36 courier pickup and delivery times. The collected data, in minutes, represent the time between pickup and delivery. Suppose the population standard deviation is 0.3 minutes
and the sample mean is 9.975 . Find the sample mean and compute. A 90-percent confidence interval for the true mean delivery time, ? is:
a. 9.852 to 10.05.
b. 119.60 to 119.80.
c. 119.62 to 119.78.
d. 119.26 to 119.87.
e. 9.893 to 10.057.
E
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Cooper Company receives $32,000 in cash for services performed in advance. At the end of the year, Cooper Company has earned $23,500 . The adjustment would involve a
a. debit to Unearned Services, $23,500 . b. credit to Income from Services, $32,000 . c. debit to Unearned Services, $8,500 . d. debit to Cash, $23,500 .
Which tactic for influencing others is a reference to the support of others as a reason for someone to agree to a request?
A. coalition building B. ingratiation C. rational appeals D. assertiveness
____ requires analysts to demonstrate their mastery of a subject by taking a test.
A. Certification B. Competency C. Skills evaluation D. Monitoring
Based on the free cash flow valuation model, the value of Weidner Co.'s operations is $1,200 million. The company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in short-term investments that are unrelated to operations. The balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. If Weidner has 30 million shares of stock outstanding, what is the best estimate of the stock's price per share?
A. $24.90 B. $27.67 C. $30.43 D. $33.48 E. $36.82