Suppose a plant that produces dye wants to test the process. Four samples are randomly selected from the production process and each analyzed for its color intensity. The data are collected over a ten-day period. Assume the population of color intensity is normally distributed with a mean of 5 and a standard deviation of 1.1 . What would be the upper control limit for a chart of this study?
a. 6.65
b. 6.04
c. 8.3
d. 8.63
a
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Jon Winek started the year with a capital balance of $135,000. During the year, his share of partnership net income was $120,000 and he withdrew $22,500 from the partnership for personal use. He made an additional capital contribution of $37,500 during the year. The amount of Jon Winek’s capital balance that will be reported on the year-end balance sheet will be
a. $120,000.
b. $292,500.
c. $225,000.
d. $270,000.
Because activist pension funds are __________ in nature, they tend to take action when __________.
A. reactive; a firm's performance, no matter the current level, could be improved B. reactive; a firm is underperforming C. proactive; a firm's performance is average or above-average D. proactive; a firm is overperforming but undervalued
The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. Assume that an employee earned total wages of $2,900 in the current period and had cumulative pay for prior periods of $5,800. What is the amount of unemployment taxes the employer must pay on this employee's wages for the current period?
A. $72.00. B. $348.00. C. $0.00. D. $174.00. E. $420.00.
A group of 100 shares of common stock is referred to as a(n)
A) odd lot. B) round lot. C) even lot. D) square lot. E) none of the above.