What is the likelihood of finding a price between $3.80 and $3.85 for a gallon of gasoline from a normally distributed population of gas prices? Assume ? = $3.78 and ? = $0.05

A) 0.3413
B) 0.4641
C) 0.2638
D) 0.5746


C

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Alternative interactive marketing techniques are designed to:

A) push products through the marketing channel B) replace traditional advertising, such as television, radio and magazines C) bring marketing to the forefront D) create experiences with a brand and not just simply purchases

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An employee earned $61,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. What is the amount of total unemployment taxes the employee must pay?

A. $0.00 B. $434.00 C. $101.50 D. $56.00 E. $378.00

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Tie-in contracts may also violate:

A. Section 1 of the Sherman Act. B. Section 7 of the Clayton Act. C. Section 2 of the Sherman Act. D. Section 2(a) of the Robinson-Patman Act.

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Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 20X7, at underlying book value. On that date, the fair value of noncontrolling interest was equal to 10 percent of the book value of Scrooge Corporation. Pilfer purchased inventory from Scrooge for $90,000 on August 20, 20X8, and resold 70 percent of the inventory to unaffiliated companies on December 1, 20X8, for $100,000. Scrooge produced the inventory sold to Pilfer for $67,000. The companies had no other transactions during 20X8.Based on the information given above, what amount of consolidated net income will be assigned to the controlling interest for 20X8?

A. $51,490 B. $20,100 C. $37,000 D. $53,100

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