Answer:
Spend as little as possible. Do not impulse purchase.
Answer:
Acceptance Sampling
Explanation:
Based on the information provided within the question the type of test that is being described in this situation is called Acceptance Sampling. Like mentioned in the question, this type of test uses statistical sampling to determine whether to accept or reject a production lot of material. This is done in order to maintain quality control and avoid future sales problems.
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Answer:
D) Restricted license
Explanation:
A restricted license is issued as a disciplinary action against a non-restricted licensee. The conditions that define the restricted licences vary from case to case, and the commissioner may decide to suspend or revoke a restricted license without any hearing or additional cause.
This situation is extremely complicated for the licensee since the commissioner has absolute power regarding their status and can change it at will, and the licensee doesn't have any chance or anywhere to file a complaint.
Answer:
Medlock will receive $2,940
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
According to given data
Sales = $3,000
As the payment is made within discount period, so discount will be availed
Discount = $3,000 x 2% = $60
Now deduct the discount from due balance to calculate the amount received.
Amount Received = $3,000 - $60 = $2,940
Answer:
D) $21.6B
Explanation:
Market capitalization equals the total number of outstanding share multiplied by the sare price, therefore:
Market Capitalization = 360,000,000 shares x $60 price per share
= $21,600,000,000
Thus, the total market capitalization is $21.6 billion