Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The profit margin for Chicks is:

A) 20%
B) 22%
C) 15%
D) 32%


A

Business

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In order for a(n) ______ incentive program to work, it must provide a significant incentive to the salesperson to be successful in selling and provide a disincentive to make a harmful “quick sale.”

A. commission B. bonus C. merit D. entitlement

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The county government has decided to redo the street you live on and plans to block the street off which causes you and your neighbor's considerable inconvenience. The project has three parallel paths defined as follows:

(i) path A-B-C-H to install street lights and electrical wiring that takes 16 days, (ii) path A-D-E-H to install sidewalks with handicap capabilities that take 22 days, and (iii) path A-F-G-H to repave the street including storm drains that takes 30 days. Which one of the following statements is true? a. The expected duration of the project is 30 + 22 + 16 = 68 days. b. Path A-B-C-H is the critical path. c. Path A-D-E-H has the slackest time. d. Path A-F-G-H is the critical path.

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If a layout problem is solved by use of heuristics, this means that:

A) there is no other way to solve the problem. B) no computer software is available. C) the problem has only a few alternatives to evaluate. D) no optimum solution exists. E) a satisfactory, but not necessarily optimal, solution is acceptable.

Business

Carlos and Mary are married, and covered under Carlos' group health plan provided by his employer. Carlos dies. How long can Mary continue her health coverage, according to COBRA provisions?

A) 0 months B) 18 months C) 24 months D) 36 months

Business