A defense contractor has just started producing turbines for a new government contract. The first turbine took 7000 hours to produce
If the learning curve is 90%, how long will it take to produce the 10th turbine? (Use at least three decimals in the exponent if you use the formula approach.)
A) less than 4800 hours
B) from 4800 to 4900 hours
C) from 4900 to 5000 hours
D) from 5000 to 5100 hours
E) over 5100 hours
C
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To improve listening skills, one should ________
A) Limit nonverbal feedback to the speaker B) Listen with the same style regardless of the situation C) Listen passively D) Limit note taking so as not to be distracted E) Mentally paraphrase key points
Sentry Manufacturing paid a dividend yesterday of $5 per share (D0 = $5 ). The dividend is
expected to grow at a constant rate of 8% per year. The price of Sentry Manufacturing's stock today is $29 per share. If Sentry Manufacturing decides to issue new common stock, flotation costs will equal $2.50 per share. Sentry Manufacturing's marginal tax rate is 35%. Based on the above information, the cost of retained earnings is A) 28.38%. B) 31.40%. C) 24.12%. D) 26.62%.