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Sally suspects strongly that there is a learning curve associated with solving problems assigned for operations management. She notes that it took her approximately 33 minutes to solve the first problem and 20 minutes to solve the fifth problem.
a. Estimate Sally's learning percentage.
b. Using your answer from part a, estimate how much longer it will take Sally to finish the three problems that remain.
Stock Dividend
A distribution of additional shares of stock by a corporation to its stockholders.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments.
Declaration
An official statement or announcement, often related to legal or financial matters.
Investing Section
A part of the cash flow statement that reports the purchase and sale of long-term investments and property, plant, and equipment.
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