Typically, a continuous random variable is one whose value is determined by measurement instead of counting

Which of the following is the correct formula for calculating residual income?

A) Weighted average cost of capital - Net operating profit after tax B) Operating income - Minimum acceptable operating income C) Historical cost of assets - Accumulated depreciation D) Operating income / Average assets

When an employer establishes a group insurance plan, what evidence of insurance may each participating employee receive?

A) An insurance notice B) A certificate of insurance C) A coverage form D) A letter of confirmation