We sign two new customers out of every seven people with whom we speak. Our goal is to sign 120 new customers. How many people will we have to speak with to meet our goal?

Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making?

Auditors ordinarily send a standard confirmation request to all banks with which the client has done business during the year under audit, regardless of the year-end balances. a purpose of this procedure is to

To revise a monthly budget, changes in which categories need to be identified? Check all that apply. A. income B. amount budgeted C. equity D. expenses E. housing advantages

A comparison of an interest-bearing checking account and a savings account reveals that: while a now account pays interest, a savings account does not. a now account must be held to maturity, while funds in a savings account are available on demand.

You are required to hold 10 percentof checkable deposits as reserves. If you were faced with unexpected withdrawals of $30 million from time deposits, would you rather Option a: Draw down $10 million excess reserves and borrow $20 million from the

Barr Corp. started a long-term construction project in 20X0. The following data relate to this project: Contract price $4,200,000 Costs incurred in 20X0 $1,750,000 Estimated costs to complete $1,750,000 Progress billings $900,000 Collections on

Bob contributed a building with an adjusted basis to Bob of $50,000 and a fair market value of $150,000 subject to a mortgage of $120,000 in exchange for a 30 percent interest in the Alpha Partnership. Alpha will assume the mortgage on the building.

Nareen is single, 68 years old, and reports the following in 2018: a. $12,000 alimony received (divorced in 2010) b. $82,520 Schedule C profit c. $3,500 SEP (self-employed pension) plan contribution d. $7,150 qualified dividends e.

Sun Inc. has 5,000 shares of 6%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2007. What is the annual dividend on the preferred stock? a. $60 per shareb. $30,000 in totalc.

a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.