A sample of college students revealed their last month income as follows: $765, $680, $623, $980, $875, and $985. How many observations are below the median?

Answer the following statement(s) true (T) or false (F)

1. Walmart has been called a "template for 21st century capitalism." 2. A business is any organization that is engaged in making a product or providing a service for a profit. 3. Business and society are independent of one another 4. The stakeholder theory of the firm argues that a firm's sole purpose is to create value for the stakeholder 5. The instrumental argument for the stakeholder theory of the firm says that companies perform better if they consider the rights and concerns of multiple groups

For an investment to qualify as a cash equivalent, it must be readily convertible to a known amount of cash and

A. it must be identified as a cash equivalent on the income statement. B. must be sufficiently close to its maturity date so that its market value is relatively insensitive to interest rate changes. C. the investment must have a known foreign exchange rate. D. it must mature within 4 months.