Use the following selected financial data of Happy Valley Corporation to answer questions the next 7 questions. Net sales is $800,000; Cost of goods sold is 600,000; Operating expenses is 100,000; Net income is 70,000; Current assets is 150,000; Current liabilities is 100,000; Accounts receivable is 80,000; Inventories is 50,000; Accounts payable is 20,000; Shareholders' Equity is 350,000. Happy Valley's quick ratio is:

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below. a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample. assume=0.05. what are the null and alternative hypotheses? choose the correct answer below. b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?