What sectors prices are expected to continue to have a strong influence on the cost base of many businesses?
A. labour
B. energy
C. raw materials
D. goods
E. services
Ans: B. energy
Business
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What is the acid-test ratio for a merchant with the following account balances?
(Round your answer to two decimal places.) Cash $22,000 Short-term investments 41,000 Net current receivables 50,000 Merchandise inventory 93,000 Total current liabilities 275,000 A) 0.75 B) 0.41 C) 0.60 D) 0.81
Business
The regression equation for a categorical variable with four categories would be modeled as ________
A) ? i = a + b1 D1 + b2 D2 + b3D3 B) ? i = a + b1 D1 + b2 D2 + b3D3 + b4D4 C) ? = b1 D1 + b2 D2 + b3D3 D) ? = b1 D1 + b2 D2 + b3D3 + b4D4
Business