Using summarization analysis is perfectly acceptable when the researcher wishes to quickly communicate the basic nature of the central tendency and variability of the findings in a sample

Indicate whether the statement is true or false


TRUE

Business

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A technology that displaces an established technology and shakes up the industry, or a groundbreaking product that creates a completely new industry is referred to as

A. inventive technology. B. creative technology. C. product revamping. D. disruptive technology. E. planned obsolescence.

Business

Calculate the cost of goods sold for a merchandiser using the periodic inventory system from the following details

Purchases $510,000 Beginning Merchandise Inventory 175,000 Purchase Returns and Allowances 50,000 Purchase Discounts 12,000 Freight In 18,000 Ending Merchandise Inventory 160,000 A) $510,000 B) $481,000 C) $499,000 D) $801,000

Business

Stimpson Inc. preferred stock pays a $.50 annual dividend. What is the value of the stock if your

required rate of return is 10%? A) $5.00 B) $.05 C) $.50 D) $50.00

Business

Assume that the custodian of a $540 petty cash fund has $75 in currency and coins plus $465 in receipts at the end of the month. The entry to replenish the petty cash fund will include a:

A. debit to Petty Cash for $465. B. credit to Petty Cash for $465. C. credit to Cash for $465. D. debit to Cash for $465.

Business