Constant service times occur with
A) machinery.
B) well-trained employees.
C) service processes.
D) assembly processes.
Answer: A
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Which one of the following statements is true?
A) Financial statement readers cannot determine whether the depreciation method used by a company is appropriate. B) Financial statement readers can determine the useful lives of assets depreciated during the reported period. C) Financial statement readers cannot determine the depreciation expense for the reported period. D) Financial statement readers can accurately estimate the effect an alternative depreciation method would have on income.
The salesperson was selling the couple a garden tub with water jets for their new bathroom. He said, "You'll be the envy of all your friends with this great tub. It will be the pièce de résistance in your new bath." When his first close failed, he asked, "Will you want to use clear or white caulk to install your new tub?" What type of close did the salesperson use the second time?
A. T-account B. Double-yes C. Minor-points D. Assumptive E. Forestalling
Notes Receivable and Accounts Receivable can also be called trade receivables
Indicate whether the statement is true or false
CN Railways is North America's fifth largest railway. Use the financial information in the table to calculate CN's maximum sustainable growth rate
CN Railway Company As of December 31, Year 10 ROE 8.62% ROA 3.02% Net Profit Margin 9.35% Total Asset Turnover 0.32 Dividend Payout Rate 30% A) 2.2% B) 3.1% C) 6.4% D) 7.0% E) 9.4%