After a number of complaints about its directory assistance, a telephone company examined samples of calls to determine the frequency of wrong numbers given to callers. Each sample consisted of 100 calls.

SAMPLE 1 2 3 4 5 6 7 8
Number of errors 5 3 5 7 4 6 8 4

SAMPLE 9 10 11 12 13 14 15 16
Number of errors 5 9 3 4 5 6 6 7

a.) Set the control limits to include 95% of random variation in complaint rate.
b.) Plot the values of the sample statistic on a chart. Comment on the results.
c.) Discuss THREE major management decisions related to the use of the control charts.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Why should managers invest any excess cash

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?