Dell uses the sales-order ratio to measure the performance of its salespeople. If, in the past year, a salesperson made $2 million in sales, called on 5,250 potential business customers (either by phone or in person), and got 3,124 orders, what was this sales rep's order-call ratio (to the nearest whole number amount)?
A. 18 percent
B. 59 percent
C. 73 percent
D. 29 percent
E. 10 percent
Answer: B
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The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$819,000Net income for the year 230,000Cash dividends declared for the year 42,000Retained earnings balance at the end of the year 1,007,000Cash dividends payable at the beginning of the year 10,000Cash dividends payable at the end of the year 11,000What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A. $1,000. B. $43,000. C. $63,000. D. $42,000. E. $41,000.
The state of Alabama passes a statute which requires that male heirs be preferred over female heirs in selecting an executor of an estate. Laura, a lawyer, would like to be the executor of her father's estate, but so would her eighteen-year-old brother who just flunked out of college. She challenges the provision as being a violation of the Equal Protection Clause of the Fourteenth Amendment. The
case is now under consideration by Alabama's highest court. In deciding the constitutionality of the provision, the court will: a. apply the rational relationship test. b. apply the strict scrutiny test. c. apply the intermediate standard test. d. create a new test
A business makes a cash payment of $12,000 to a creditor. Which of the following accounts is credited?
A) Cash B) Accounts Payable C) Bank D) Accounts Receivable
An example of using the poka-yoke technique in process design is:
A) using tooling to prevent a part from being inserted upside down. B) eliminating bill of material levels. C) using standardized tooling. D) reducing the number and type of fasteners.