Devices on an 802.11b network can converse with devices on an 802.11g network, and vice versa

Indicate whether the statement is true or false


TRUE

Business

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The Waco Tire Company (WTC) is considering expanding production to meet possible increases in demand. WTC’s alternatives are to construct a new plant, expand the existing plant, or do nothing in the short run. It will cost them $1 million to build a new facility and $600,000 to expand their existing facility. The market for this particular product may expand, remain stable, or contract. ETC’s marketing department estimates the probabilities of these market outcomes as 0.30, 0.45, and 0.25, respectively. The expected revenue for each alternative is presented in the table below.

 MKT expands MKT stable MKT contracts Build new plant$1,650,000 $1,000,000 $450,000 Expand plant$1,000,000 $850,000 $450,000 Do nothing$0 $0 $0 ? ? What course of action is optimal for WTC? What is the expected profit in that case? What will be an ideal response?

Business

The percentage of dissatisfied customers who complain is estimated to be about _____.

a. 5–10 percent b. 10–25 percent c. 25–50 percent d. over 50 percent

Business

Cash equivalents would not include short-term investments in

a. money market funds. b. available-for-sale securities. c. commercial paper. d. certificates of deposit.

Business

Salah's net income for the year ended December 31, Year 2 was $175,000. Information from Salah's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2.At December 31Year 2Year 1Common Stock, $5 par value$500,000 $450,000 Paid-in capital in excess of par 948,000  853,000 Retained earnings 688,000  582,000 

A. $95,000. B. $201,000. C. $79,000. D. $50,000. E. $69,000.

Business