The London School of Economics and the Harvard Business School have conducted studies of how chief executive officers (CEOs) spend their time. These studies have found that CEOs spend many hours per week in meetings that include conference calls, business meals, and public events. Suppose that the data below show the time spent per week in meetings (hours) for a sample of 25 CEOs. 14 15 18 23 15
19 20 13 15 23
23 21 15 20 21
16 15 18 18 19
19 22 23 21 12

Required:
a. What is the least and the highest amount of time spent per week on meetings?
b. Use a class width of two hours to prepare a frequency distribution and a percent frequency distribution for the data.
c. Prepare a histogram and comment on the shape of the distribution.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?