Let the random variable Z follow a standard normal distribution. Find the value k, such that P(Z > k) = 0.39

A) 0.28
B) 1.23
C) -1.23
D) -0.28

A

Business

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Grogan Company purchases inventory on account with a cost of $1300 and a retail price of $2600. Grogan Company uses the perpetual inventory method. What journal entry is required on the date of purchase?

A) debit Purchases for $1300 and credit Accounts Payable for $1300 B) debit Purchases for $2600 and credit Cash for $2600 C) debit Inventory for $1300 and credit Accounts Payable for $1300 D) debit Accounts Receivable for $2600 and credit Purchases for $2600

Business

Factors changing the role of media and leading to the era of unbundling did NOT include:

A) integrated marketing. B) costs and profitability. C) prominence of media executives. D) globalization. E) complexity of the media function.

Business