The average annual wage for an apprentice is $50,000.

Answer the following statement true (T) or false (F)


True

Business

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Most merchandisers receive checks and currency from customers in two ways: (1) cash received over the counter from cash sales and (2) cash received in the mail from credit sales

a. True b. False Indicate whether the statement is true or false

Business

Innovation and use of new technology most closely align with which combination of operations and firm strategies?

a. Process Design, Customer Service b. Purchasing, Cost c. Logistics, Customer Service d. Product Design, Quality

Business

Chow Company earned $5100 of cash revenue, paid $2800 for cash expenses, and paid a $1100 cash dividend to its owners. Which of the following statements is true?

A. The net cash outflow for investing activities was $1100. B. The net cash inflow from operating activities was $1200. C. The net cash outflow for investing activities was $2300. D. The net cash inflow from operating activities was $2300.

Business

Laura Evans is risk manager of LMN Company. Laura decided to retain certain property loss exposures. Which of the following is a method that Laura can use to fund the retained property losses?

A) current net income B) private insurance C) noninsurance transfer D) high deductibles

Business