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The idea of incorporating human capital into a balance sheet is huge to fathom. There are so many varying aspects which could impact the score or ratio given per employee. Grading, age (closeness to retirement), experience, education, training and salary are just a few. Do you think that if this was documented in a financial statement this should be tied to a ratio of industry standards? Flamholtz, (1972) considers this in his article saying that the ratio should tie to the industry standard and also the standard within the company. Do you agree or disagree with this? If you were to suggest a way to calculate this to present it in a financial statement, how would you suggest proceeding? Would you agree with the valuation equation of Lev and Schwartz outline by Flamholtz, (1972)?
In testing a new drug, researchers found that 20% of all patients using it will have a mild side effect. A random sample of 13 patients using the drug is selected. Find the probability that: exactly three will have this mild side effect.
Stop the Pain Before It Starts A headline on the CNN website on October 21, 1996, read, "Study: painkillers more effective before surgery than afterward."
a survey found that womens heights are normally distributed with a mean 64.4 in. and a standard deviation 2.5 in. a
Suppose four heads appeared face up on four tosses of a coin. what is the probability that a head will appear face up in the next toss of the coin?
Sam Smith considers that time is of the essence in consummating the proposed transaction." Unfortunately, Ben was unable to close on the date specified.
Compute the probability of randomly selecting s club, or spade, or diamond. (C) Compute the probability of randomly selecting a jack or heart.
Write the equation of the regression line.- Estimate the Average Attendance for a team with 50 Wins.- Interpret the meaning of the slope of the regression line in this context.
There is a strong positive correlation between years of education and income for economists employed by business firms.
You are playing a children s game in which the number of spaces you get to move is determined by the rolling of a die. You must land exactly on the final space in order to win. If you are 10 spaces away, how many turns might it take you to win?
During the early stages of production for a single-cylinder engine designed for use in portable gen- erators, the manufacturer randomly selects 12 engines from the end of the assembly line and subjects them to a battery of tests.
Discuss the difference between sales puffery and misrepresentation and how to avoid making mistakes that may prove costly to the firm.
A university wants to determine the proportion of students who use a cash card to pay at the university food service. Out of 100 students surveyed, 65 students use a cash card. Estimate the value of the population proportion.
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