Question 41

A company's Balance Sheet for the year ended Dec. 31, 2013 is as follows:

(In millions)
The company is MOST likely in which of the following industries?
  • Question 42

    The data below is a sampling of the percentage of smokers in a country's population.
    Suppose an additional country were added to the data with a smoking rate of 22.5%.

    How would the mean and median be affected?
  • Question 43

    A new smartphone is being released at a price of $100. A customer with a willingness to pay (WTP) of $105 walks to the store, sees that there is a long line, and decides to leave. Another customer with a WTP of $113 arrives at the store at the same time and decides to wait in the line. What can an observer deduce from this observation?
  • Question 44

    In Dec. of 2013, a company signed a promissory note and recorded a note payable of $150,000. This note is payable in three equal annual installments beginning from Dec. of 2014. How should the company report the note payable on its Dec. 31, 2013 balance sheet?
  • Question 45

    If an analyst looks at a start-up's statement of cash flows for the past three years, it is MOST likely that the analyst will find: