Nevada, Inc. has two divisions, one located in Las Vegas and the other located in Reno. Las Vegas sells selected goods to Reno for use in various end-products. Assume that the transfer between the two divisions takes place regardless of the transfer price set by Las Vegas. Which of the following correctly describes the impact of the transfer prices on divisional profits and overall company profit? Las Vegas ProfitReno ProfitNevada ProfitA.AffectedAffectedAffectedB.AffectedAffectedNot affectedC.AffectedNot affectedAffectedD.Not affectedNot affectedAffectedE.Not affectedNot affectedNot affected
A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E
Answer: B
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Fill in the blank(s) with the appropriate word(s).
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Which of the following is not true, under UCC Article 2, about a merchant's firm offer:
a. requires a signed writing by the offeror that the offer will remain open for a given period b. is irrevocable if stated in writing that it remains open for a given time c. stays open for a time not to exceed 3 months, if no other period of time is stated in the offer d. does not require consideration to be irrevocable e. all of the other choices are true
The standard deviation of a sample of 100 elements taken from a very large population is determined to be 60 . The variance of the population
a. can not be larger than 60. b. can not be larger than 3600. c. must be at least 100. d. can be any value greater or equal to zero.