Scanning of questionnaires has allowed Princess Cruises to increase the accuracy of their survey results
Indicate whether the statement is true or false
TRUE
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The face amount of the note that the maker promises to pay at maturity is known as the ____________________
Fill in the blank(s) with correct word
The equation for economic value added includes pretax operating income as well as current liabilities
Indicate whether the statement is true or false
Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estimated costs as follows: Variable costs: Manufacturing$450,000 Selling and Administrative 100,000 Total variable costs $550,000 Fixed costs: Manufacturing$300,000 Selling and Administrative 180,000 Total fixed costs 480,000 Total costs $1,030,000 The average amount of capital invested in the laptop product line is $900,000 and Longwood's target return on investment is 18%. If Longwood uses cost-plus pricing based on absorption cost, the markup percentage the company must use would be:
A. 21.64%. B. 58.93%. C. 15.72%. D. 29.56%. E. None of the answers is correct.
A research wants to take a simple random sample of about 10% of the factory workers at two different factories to study the number of hours worked per week. Factory A has approximately 10,000 employees and Factory B has about 25,000 employees. Which of the following statements is correct if Factory A and Factory B come from the same population?
a. The sampling variability will be higher for Factory A than for Factory B. b. The average number of hours must be known to make a statement about the sampling variability. c. The sampling variability will be lower for Factory A than for Factory B. d. The sampling variability will be the same for both Factory A and Factory B.