This is calculated by multiplying values by the frequency of their occurrence, adding the total of all the products, and then dividing by the total number of occurrences:

a.Mean
b.Arithmetic mean
c.Mode
d.Weighted mean


ANS:D

Business

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Translation exposure measures:

A) changes in the value of outstanding financial obligations incurred prior to a change in exchange rates. B) the potential for an increase or decrease in the parent company's net worth and reported net income caused by a change in exchange rates since the last consolidation of international operations. C) an unexpected change in exchange rates impact on short run expected cash flows. D) none of the above

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Mohammed suffers a substantial financial loss when Olson Company breaches a contract. Under the statute of limitations, to receive damages Mohammed must file suit against Olson Company within

A. one year. B. two years. C. five years. D. It depends on the state where Mohammed lives.

Business

If an extra finishing hour was used, the company will be able to produce an additional ________ swivel chairs

A) 0.25 B) 0.5 C) 0.125 D) 0.225

Business

A company purchased a tract of land for its natural resources at a cost of $1,000,000. It expects to harvest 5,000,000 board feet of timber from this land. The salvage value of the land is expected to be $200,000. The depletion expense per board foot of timber is:

A. $0.04. B. $0.75. C. $0.24. D. $0.20. E. $0.16.

Business