Find a value of the standard normal random variable z, called z0, such that P(z ? z0 ) = 0.70

Baird finds a prospect for a house under an open listing. The seller signs a sales contract several days later with a different buyer produced by broker Carr. Who should receive the commission on the sale?

A. Baird should receive the entire commission. B. Carr should receive the entire commission. C. Baird and Carr should receive equal shares of the commission. D. Baird and Carr should negotiate an agreement as to the division of the commission.

The acid-test ratio of a firm would be unaffected by which of the following?

A) Inventories are sold on a short-term credit basis. B) Common stock is sold and the money is invested in marketable securities. C) Inventories are sold for cash. D) Accounts payable are reduced by obtaining a short-term loan.