When the variance of a probability distribution is $360,000, the standard deviation equals:

A) $600
B) $3,600
C) $180,000
D) $12,000

A

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The DuPont system merges the income statement and balance sheet into two summary measures of profitability, ________

A) net profit margin, and return on total assets B) net profit margin, and return on equity C) return on total assets, and return on common equity D) net profit margin, and price/earning ratio

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Howard is saving for a holiday. He deposits a fixed amount every month in a bank account with an EAR of 14.7%

If this account pays interest every month then how much should he save from each monthly paycheck in order to have $14,000 in the account in four years' time? A) $176 B) $308 C) $220 D) $352

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