The failure of decision makers to notice gradual variations over time is known as ________.
A. change blindness
B. inattentional blindness
C. conscious incompetence
D. rational ignorance
Answer: A
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Which of the following is an example of a financing activity?
a. Employing workers b. Selling equipment c. Paying off a loan d. Purchasing land
Exhibit 4-1Given the following information for Blue Bell Company for last year:
Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: ? ? January 1 $1,800,000 ? December 31 2,400,000 Shareholders' equity (all common): ? ? January 1 1,500,000 ? December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: ? ? January 1 200,000 ? December 31 180,000 Inventory: ? ? January 1 210,000 ? December 31 250,000 ? ? Refer to Exhibit 4-1. Blue Bell's return on assets for the year was A. 17.5% B. 20.0% C. 26.9% D. 31.4%
In addition to births and deaths, what is another element of population change?
a. baby boomers b. employment opportunities *c. migration d. global economy changes
Since the median is the middle value of a data set, it must always be _____
a. smaller than the mode b. larger than the mode c. smaller than the mean d. None of the answers is correct.