The balances in Labeille Accounting Services' office supplies account on February 1 and February 28 were $1,200 and $375, respectively. If the office supplies expense for the month is $1,900, what amount of office supplies was purchased during February?
A. $2,325
B. $1,075
C. $1,525
D. $1,500
E. $3,100
Answer: B
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Derek is working on promoting his company's Glazer brand of electronic razors. The company estimates 50 million potential users and sets a target of attracting 8 percent of the market
Derek hopes to reach 80 percent of the potential customers with an advertising message. He would be pleased if 25 percent of the prospects that were aware, tried the Glazer. According to further estimates, 40 percent of all triers will become loyal users. If the cost of exposing 1 percent of the target population to one impression is $4500 on an average, determine the necessary advertising budget, according to the objective-and-task method.
Sam is George's agent. George decides to fire Sam. Mel is an old customer of George's and he has dealt with Sam for over 20 years. Ellie is a prospective customer that Sam has spoken with on numerous occasions in his capacity as George's agent, and George was aware of the preliminary negotiations. Mel orders goods from Sam after Sam has been fired but Mel has no knowledge of the firing. Later,
Sam takes an order from Ellie, who does not know of the firing. Using the rules of the Second Restatement, which of the following statements would apply to this scenario? a. George will be liable for the contract with Mel. b. George will not be liable on the contract with Mel. c. George will not be liable on the contract with Ellie. d. George will be liable for the contract with Mel but not liable on the contract with Ellie e. George will be not liable for either the contract with Mel or the contract with Ellie
Current liabilities are cash and other resources that are expected to be sold, collected or used within one year or the company's operating cycle whichever is longer.
Answer the following statement true (T) or false (F)
The ticket sales for events held at the new civic center are believed to be normally distributed with a mean of 12,000 and a standard deviation of 1,000
a. What is the probability of selling more than 10,000 tickets? b. What is the probability of selling between 9,500 and 11,000 tickets? c. What is the probability of selling more than 13,500 tickets?