The stage transformation function

a. transforms the input into the output.
b. transforms a stage into a state.
c. is a different function for each stage.
d. None of these are correct.


a. transforms the input into the output.

Business

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Level of education is an example of segmentation by:

A) psychographics B) generations C) demographics D) geodemographics

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On June 1, Dave Byers bought 10 Continental Technology bonds with a coupon rate of 9% interest paid on May 1 and November 1. The purchase price was 92.750 and the commission was $5 per bond. Dave sold the bonds on October 1 for 94.50. What was his total gain on this investment?

What will be an ideal response?

Business

Grays Company has inventory of 20 units at a cost of $8 each on August 1. On August 3, it purchased 30 units at $10 each. 22 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 22 units that were sold?

A. $140. B. $180.00. C. $184. D. $440. E. $186.

Business

Retained earnings, an account on the balance sheet, represents the undistributed earnings of the corporation

Indicate whether the statement is true or false

Business