A car owner determines that annual repair costs (R) can be estimated based on the number of miles driven in one year (M) through the expression R = 800 + 0.05M
If the average number of miles driven is 12000 with a standard deviation of 2500 miles, what is the standard deviation of the expected annual repair costs?A) 1400
B) 925
C) 800
D) 125
D
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Leticia supervises a group of customer service representatives. Leticia is respected and well liked by her staff, and she has worked hard to make sure all of them known how to do the job very well. She is responsible for all staffing and reward decisions in her department. In the contingency model, Leticia has
A. low task structure. B. high situational control. C. low leader-member relations. D. low position power. E. high expert power.
Orville Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The carrying values and estimated fair values of the assets of Orville Company are as follows: Carrying ValueFair ValueCash $20,000 $20,000 Accounts Receivable 45,000 30,000 Inventory 60,000 35,000 Land 75,000 70,000 Building (net) 180,000 100,000 Equipment (net) 170,000 80,000 Total $550,000 $335,000 Debts of Orville are as follows: Accounts Payable$60,000 Wages Payable (all have priority) 10,000 Taxes Payable 10,000 Notes Payable (secured by receivables and inventory) 120,000 Interest on Notes Payable 6,000 Bonds Payable (secured by land and building) 150,000 Interest on Bonds
Payable 7,000 Total$363,000 Based on the preceding information, what estimated amount will be available for general unsecured creditors upon liquidation? A. $28,000 B. $121,000 C. $113,000 D. $93,000
The recent average starting salary for new college graduates in IT systems is $47,500 . Assume salaries are normally distributed with a standard deviation of $4,500 .What percent of starting salaries are no more than $42,250?
________ are courts that hear cases of a general nature that are not within the jurisdiction of limited-jurisdiction trial courts.
A. Courts of record B. Intermediate appellate courts C. Inferior trial courts D. State supreme courts