If an employee is selected at random, what is the probability that the employee is male?
Employees of a local company are classified according to gender and job type. The following table summarizes the number of people in each job category.
Male (M) Female (F)
Job
Administrative (AD) 110 10
Salaried staff (SS) 30 50
Hourly staff (HS) 60 40
Answer: .667 = 200/300
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A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.
A. $181,400. B. $155,400. C. $160,200. D. $153,400. E. $139,400.
A company purchases an oil well for $200,000 . It estimates that the well contains 250,000 barrels, has a ten-year life, and has no salvage value. If the company extracts and sells 20,000 barrels during the first year, how much depletion expense should be recorded?
a. $40,000 b. $16,000 c. $20,000 d. $100,000
The receipt of which of the following would be considered evidence of the recipient being in a
partnership, assuming all amounts are paid out of the profits of the partnership? A) Payment of wages earned by an employee B) A portion of the profits remaining after all other expenses have been paid C) Rent owed to a landlord D) Payment of the interest and principal on a debt
Which of the following characteristics of the Web deals with stimulating a consumer's senses?
A) functional convenience B) cost compliance C) representational delight D) structural firmness E) disintermediation capacity