The life expectancy of residents in cities with the dirtiest air is on average two years shorter than those in the cleanest cities

Indicate whether the statement is true or false


True

Business

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Refer to the following data: Net sales, first month $13,000 Normal gross profit as a percentage of sales 45% Inventory, start of period $8,000 Net purchases, first month $7,000 Using the gross profit method of inventory estimation, the amount of normal gross profit would be

a. $5,850. b. $3,600. c. $6,750. d. $15,000.

Business

One guest always stays at the same hotel when she is in town because the employees greet her by name, and they always set up her room according to her indicated preferences in her loyalty club profile. This is an example of how co-production ______.

a. builds commitment b. decreases the guest’s perceived value c. serves as a differentiation strategy d. cuts costs for the hotel

Business

Problem drinking in the U.S. costs employers _______ per year in accumulated sick pay, lost

Fill in the blank(s) with the appropriate word(s).

Business

In most companies, machines break down occasionally and employees are often less than perfect. Which type of standard acknowledges these characteristics when determining the standard cost of a product?

A) Efficiency standard B) Ideal standard C) Practical standard D) Budgeted standard

Business