What is the appropriate table value for a test for independence at the 0.025 significance level?
What will be an ideal response?
11.143
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Encyclopedia Britannica Corp's recent decline in sales due to CD-ROM technology is an example of problems in which of the following competencies:
a. team building. b. coaching. c. strategic action. d. self-management. e. both a and c.
Chung Inc. is considering the replacement of a piece of equipment with a newer model. The following data has been collected:
Old Equipment New Equipment Purchase price $225,000 $375,000 Accumulated depreciation 90,000 - 0 - Annual operating costs 300,000 240,000 If the old equipment is replaced now, it can be sold for $60,000. Both the old equipment's remaining useful life and the new equipment's useful life is 5 years. The net advantage (disadvantage) of replacing the old equipment with the new equipment is a) $90,000 b) $(75,000) c) $60,000 d) $(15,000)