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JB

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Company codes of conduct outline company policies on particular issues and how employees are expected to act.

On Jul 22, 2024


True
JB

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Jim has estimated elasticity of demand for gasoline to be -0.7 in the short-run and -1.8 in the long run. A decrease in taxes on gasoline would:

A) ​lower tax revenue in both the short and long run. 
B) raise tax revenue in both the short and long run.
C) raise tax revenue in the short run but lower tax revenue in the long run. 
D) ​lower tax revenue in the short run but raise tax revenue in the long run. 

On Jul 18, 2024


D
JB

Answered

Rental activities by definition are passive activities.

On Jun 20, 2024


True
JB

Answered

A work sampling study requires an acceptable error level of 3% and 98% confidence. a. What is the adequate sample size if the sample proportion is as large as 67%? b. What is the adequate sample size if the sample proportion is estimated to be about 31%?

On Jun 17, 2024


a.
 Proportion, p 0.67 z-value  confidence) 2.33 Accuracy, h 0.03 Results  Sample size 1333.70 Confidence 2.39%\begin{array}{|l|r|}\hline \text { Proportion, p } & 0.67 \\\hline \text { z-value } & \\ \text { confidence) } &2.33 \\\hline \text { Accuracy, h } & 0.03 \\\hline & \\\hline \text { Results } & \\\hline \text { Sample size } & 1333.70 \\\hline \text { Confidence } & 2.39 \%\\\hline\end{array} Proportion, p  z-value  confidence)  Accuracy, h  Results  Sample size  Confidence 0.672.330.031333.702.39% b.
 Proportion, p 0.31 z-value  confidence)  2.33  Accuracy, h 0.03 Results  Sample size 1290.27 Confidence 2.39%\begin{array}{|l|r|}\hline \text { Proportion, p } & 0.31 \\\hline \text { z-value } & \\ \text { confidence) } & \text { 2.33 } \\\hline \text { Accuracy, h } & 0.03 \\\hline & \\\hline \text { Results } & \\\hline \text { Sample size } & 1290.27 \\\hline \text { Confidence } & 2.39 \%\\\hline\end{array} Proportion, p  z-value  confidence)  Accuracy, h  Results  Sample size  Confidence 0.31 2.33 0.031290.272.39%
JB

Answered

Lee's Appliances forecasts the following sales figures for the next four months. Lee's Appliances forecasts the following sales figures for the next four months.   Cash sales average 10 per cent of total sales and credit sales are collected 50 per cent in the month of sale and 50 per cent in the month following sale. What is Lee's estimated accounts receivable balance on July 31? A)  $150 000 B)  $135 000 C)  $75 000 D)  $67 500
Cash sales average 10 per cent of total sales and credit sales are collected 50 per cent in the month of sale and 50 per cent in the month following sale. What is Lee's estimated accounts receivable balance on July 31?

A) $150 000
B) $135 000
C) $75 000
D) $67 500

On May 21, 2024


D
JB

Answered

Rita Rogers has been called into her boss's office. He informs her that he found out that she accepted a gift certificate to a nail salon from a client last week. Rita states that no one was harmed by her action, and the company will actually benefit. Which rationality strategy is Rita using?

A) Social weighting
B) Denial of victim
C) Denial of injury
D) Appeal to higher loyalties
E) Metaphor of a ledger

On May 18, 2024


C