Which of the following is true for the binomial distribution?
A) There are at least three or more possible outcomes.
B) The probability of success remains the same for each trial.
C) The probability of success P, is equal to 1.99 most of the time.
D) The number of trials are not independent.
B
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Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 200 shares of its common stock on May 1 for $10,000. On July 1, it reissued 100 of these shares at $52 per share. On August 1, it reissued the remaining treasury shares at $49 per share. What is the balance in the Paid-in Capital, Treasury Stock account on August 2?
A. $10,100. B. $0. C. $100. D. $10,200. E. $5200.
Which management group has the primary responsibility ofdeveloping disciplinary policies and procedures?
A. The legal department B. The top-level management C. The Human Resources department D. The middle management
Sexual harassment became illegal under the Civil Rights Act of 1964 when Congress passed a
statute bringing sexual harassment within its coverage. Indicate whether the statement is true or false
A bond is issued at par value when:
A. Straight line amortization is used by the company. B. The bond is callable. C. The bond is not between interest payment dates. D. The market rate of interest is the same as the contract rate of interest. E. The bond pays no interest.