Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,800 Cost of goods sold 7,600 Depreciation 335 Earnings before interest and taxes $ 1,865 Interest paid 99 Taxable income $ 1,766 Taxes 530 Net income $ 1,236 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 300 $ 315 Accounts payable $ 1,760 $ 1,575 Accounts rec. 970 870 Long-term debt 1,000 1,460 Inventory 1,740 1,700 Common stock 3,220 3,070 Total $ 3,010 $ 2,885 Retained earnings 520 770 Net fixed assets 3,490 3,990 Total assets $ 6,500 $ 6,875 Total liab. & equity $ 6,500 $ 6,875 What were the total dividends paid for 2017? Multiple Choice $921 million $986 million $455 million $645 million $250 million

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.

In microeconomics, the point at which supply and demand meet is called the blank price