On Saturday nights, the wait for a table at the popular restaurant Chez Anthony can be more than one hour. How would the waiting experience differ for a person waiting alone as compared to a person waiting with a group of friends?
What will be an ideal response?
The wait will seem longer for the person waiting alone. Solo waits feel longer than group waits; unoccupied time feels longer than occupied time (i.e., time spent chatting with friends).
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Expenditures to satisfy warranty claims affect net income during the period of servicing the warranty
Indicate whether the statement is true or false
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000. In recording this transaction, Bacon Company should record
A) the new machinery at $16,700 B) the new machinery at $12,700 C) a gain of $1,500 D) a loss of $1,500
A(n) ________ is a special product-oriented arrangement of machines and personnel in what is ordinarily a process-oriented facility
Fill in the blanks with correct word
TalkTalk, Inc, offers to buy from Voice Media Corporation (VMC) 100,000 smartphones. Without notifying TalkTalk, VMC timely ships phones of a different quality. With respect to the offer and a possible contract, this shipment is an acceptance and A) a breach
B) an accommodation. C) complete performance. D) a counteroffer.