BUS 475 Capstone Final Examination Part 2 2017 Questions and Answers

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31. Trumpeting Trumpets has the following inventory data: July 1: Beginning inventory 30 units at $120 July 5: Purchases 180 units at $112 July 14: Sale 120 units July 21: Purchases 90 units at $115 July 30: Sale 84 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis? •$23,088 •$11,022 •$10,992 •$23,118 http://www.uopeassignments.com/
32. Which of these statements regarding the industry life cycle is correct? • It points out the need to maintain a differentiation advantage and a low cost advantage simultaneously. • Trends suggested by the market life cycle model are generally not reversible or repeatable. • It has important implications for company generic strategies, functional areas, value-creating activities, and overall objectives. • Part of the power of the market life cycle is its ability to serve as a short-run forecasting device. 33. What is a difference between merchandising companies and service enterprises? • Merchandising companies must prepare multiple-step income statements and service enterprises must prepare single-step income statements. • Cost of goods sold is an expense for service enterprises but not for merchandising companies. • The operations in merchandising companies and service enterprises are identical. • Merchandising companies generally have a longer operating cycle than service enterprises. 34. Which of the following meets the requirements of a simple random sample? • A population contains 10 members under the age of 25 and 20 members over the age of 25. The sample will include six males chosen at random, without regard to age. • A population contains 10 members under the age of 25 and 20 members over the age of 25. The sample will include six people who volunteer for the sample. • A population contains 10 members under the age of 25 and 20 members over the age of 25. The sample will include six people chosen at random, without regard to age. • A population contains 10 members under the age of 25 and 20 members over the age of 25. The sample will include two people chosen at random under the age of 25 and four people chosen at random over 25. http://www.uopeassignments.com/
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Page 3 and 4: 01. Which of the following is not a
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Page 21 and 22: 41. In multiple regression, plot th
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BUS 475 Capstone Final Examination Part 2 2017 Questions and Answers

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