Suppose a Package Delivery Company Purchased 14 Trucks at the Same

question 99

Multiple Choice

Suppose a package delivery company purchased 14 trucks at the same time. Five trucks were purchased from manufacturer A, four from B and five from manufacturer C. The cost of maintaining each truck was recorded. The company wants to test if the mean maintenance cost for trucks from each manufacturer were equal. Using Excel, what test would be used?

• A) ANOVA: Single Factor.
• B) ANOVA: Two-Factor with Replication.
• C) ANOVA: Two-Factor without Replication.
• D) F-Test Two Sample for Variances.
• E) t-Test: Paired Two Sample for Means.

---

Definitions:

Working Capital Management

The management of a company's short-term assets and liabilities to ensure its efficient operation and maintain financial health.

Short-Term Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or one business cycle, whichever is longer.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Capital Structure Decisions

Strategic choices made by a firm regarding the mix of financial securities, such as debt and equity, to optimize its funding and operational goals.