MasterCard, Visa, and American Express credit cards all allow you to pay only a portion of your amount due and finance the remainder from month to month

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Which of the following is not a characteristic of a mechanistic organization?

a. Tasks are broken down into separate parts b. There is a narrow span of control c. There is a straightforward planning process d. Communication is abundant and flows horizontally

Business

Cushman Company had $816,000 in sales, sales discounts of $12,240, sales returns and allowances of $18,360, cost of goods sold of $387,600, and $280,705 in operating expenses. Net income equals:

A. $147,695. B. $397,800. C. $178,295. D. $785,400. E. $117,095.

Business

Using the fixed-time-period inventory model, and given an average daily demand of 75 units, 10 days between inventory reviews, 2 days for lead time, 50 units of inventory on hand, a service probability of 95 percent, and a standard deviation of demand over the review and lead time of 8 units, which of the following is the order quantity?

A. 4,510 B. 1,044 C. 863 D. 1,178 E. 948

Business

The Internet shrinks information asymmetry

Indicate whether the statement is true or false

Business