Assume that the number of customers who arrive at a water ice stand follows the Poisson distribution with an average rate of 6.4 per 30 minutes. What is the probability that more than one customer will arrive during the next 30 minutes?
A) 0.7006
B) 0.7524
C) 0.9081
D) 0.9877
D
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Choose the true statement regarding unethical corporate behavior.
A. Business ethics are shaped exclusively by laws and by individual development and virtue. B. Companies with international activities find it easier to maintain a positive ethical climate. C. Unethical corporate behavior reveals a company culture that is ethically lax. D. Managers must adhere to firm standards in different cultural contexts rather than decide when relativism is appropriate. E. Unethical corporate behavior is the sole responsibility of unethical individuals.
On January 1, Year 1, Scott Company purchased a new machine for $220,000. The machine is expected to have an eight-year life and a $20,000 salvage value. The machine is expected to produce 800,000 finished products during its eight-year life. Production during Year 1 was 70,000 units and during Year 2 was 110,000 units.Required: Determine the amount of depreciation expense to be recorded on the machine for Year 1 and Year 2, respectively, using each of the following methods:1) Straight-line2) Units-of-production3) Double-declining-balance
What will be an ideal response?
Gremel Corporation has provided the following financial data: Current assets: Cash$241,000 Accounts receivable, net$234,000 Inventory$119,000 Prepaid expenses$45,000 Total current assets$639,000 Current liabilities: Accounts payable$163,000 Accrued liabilities$87,000 Notes payable, short term$57,000 Total current liabilities$307,000 Required:a. What is the company's working capital?b. What is the company's current ratio?c. What is the company's acid-test (quick) ratio?
What will be an ideal response?
The growth of e-tailing has led to the identification of four core dimensions that consumers use to evaluate Web sites at which they experience no questions or problems. They are:
A. Context, content, community, and connectivity B. Content, reliability, privacy, and download speed C. Efficiency, fulfillment, system availability, and privacy D. Efficiency, effectiveness, maneuverability, and attractiveness E. Responsiveness, reliability, assurance, and empathy