From a sample of 500 items, 30 were found to be defective. The point estimate of the population proportion defective will be

A. 0.06.
B. 30.0.
C. 470.
D. 0.94.


Answer: A

Business

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Which of the following types of customers should be rewarded with special offers and services that are not offered to other customers?

A) loyal customers B) nonprofit customers C) new customers D) dissatisfied customers E) repeat customers

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Alex, Brad, and Carl are partners. The profit sharing rule between them is 4:3:2 in alphabetical order. The partnership incurs a net loss of $120,000. The journal entry to close Income Summary will include a ________. (Do not round any intermediate calculations.)

A) debit to Income Summary account for $120,000 B) debit to Alex, Capital account for $53,333 C) credit to Alex, Capital account for $53,333 D) credit to Carl, Capital account for $26,667

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A firm estimates that it will receive cash flows from a new product of $150,000 in Year 1, $220,000 in Year 2, and $150,000 in Year 3. If a discount rate of 7% is assumed, what is the NPV of this product’s cash flows?

a. $454,788 b. $556,400 c. $520,000 d. NPV cannot be determined from the information given

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A concerted drive to create and maintain union-free workplaces by stressing the importance of individual freedom was known as the _________________________ movement.

Fill in the blank(s) with the appropriate word(s).

Business