A Certain University Maintains a Colony of Male Mice for Research

question 60

Multiple Choice

A certain university maintains a colony of male mice for research purposes. The ages of the mice are normally distributed with a mean of 60 days and a standard deviation of 5.2. Assume you randomly sample one mouse from the colony. The probability his age will be between 55 and 70 days is _________.

• A) 0.8041
• B) 0.4980
• C) 0.8066
• D) 0.1959

---

Definitions:

Net Cash Sales

The amount of cash generated from sales transactions, after deducting returns, allowances, and discounts.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit customers by comparing net credit sales to the average accounts receivable.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a certain period. It indicates the efficiency of inventory management.

Cash Inflows

Money that is received by a company from its various business activities, including sales, financing, or investments.