Alocal bank claims that the waiting time for its customers to be served is the lowest in the area. a competitor bank checks the waiting times at both banks. test the local bank's claim using ΅ = 0.01. assume the two samples are random and independent. justify your decision with work. write a short parargraph about the results of the test and what you can conclude about the claim.

land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)

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Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: