What is the probability that a respondent chosen at random enjoys or does not enjoy shopping for clothing?
P(enjoys or does not enjoy shopping for clothing) = (720 + 280) / 1000 = 1.00
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The set of items below was identified in preparing a bank reconciliation for Heath Corp as of August 31, 2014. Bank statement balance $18,500 Heath's book balance (before adjustments) ? Outstanding checks 2,700 Customer's NSF checks 350 Service Charges 100 Deposits in transit 1,000 Interest earned on checking account 60 Heath Corp's balance per books before the reconciliation is
a. $16,410 b. $16,900 c. $17,190 d. $17,310
If you have received a job offer from another firm and don't want to accept before you have an answer from the first firm, what might be an appropriate action?
A) Delay the second firm as long as possible B) Call the first firm and demand an immediate decision C) Use the offer as leverage for a higher starting salary D) Send a message of inquiry explaining the situation E) Accept the offer and quit if the first offer comes through
Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calculate the total contribution margin.
A) $135,000 B) $60,000 C) $75,000 D) $37,500
Which of the following is true of net sales revenue?
A) It is calculated by subtracting cost of goods sold from sales. B) It is calculated by adding sales discounts to sales. C) It is calculated by adding sales discounts and sales returns and allowances to sales. D) It is calculated by deducting sales discounts and sales returns and allowances from sales.