What is the main purpose of (a) a line chart, (b) a bar chart, and (c) a pie chart? Provide an example of an appropriate use of each type
Examples of each type will vary.
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a. A line chart shows trends over time or the movement of data.
b. A bar chart compares the magnitude or size of items.
c. A pie chart compares the relative proportions of the components of an item.
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Which of the following is NOT a step in the marketing research process?
A) problem definition B) problem correction C) research design formulation D) report generation and presentation E) data preparation and analysis
The length of the operating cycle equals the days' sales uncollected plus the
a. days' payable.. b. days' inventory on hand. c. receivable turnover d. payables turnover.
Which of the following costs is irrelevant in making a decision about a special order price if some of the company facilities are currently idle?
a. direct labor b. equipment depreciation c. variable cost of utilities d. opportunity cost of production
Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?
A. $544. B. $480. C. $600. D. $300. E. $680.