If the proceeds from discounting a note receivable are less than the face value of the note, Interest Expense will be debited for the excess of the proceeds over the face value
Indicate whether the statement is true or false
True
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Explain how marketers have responded to growing diversity in the United States
What will be an ideal response?
Public relations can best be described as ________
A) a continually evolving social science B) an old, fully established profession C) a practice that has not yet come of age D) a profession that is practiced mostly in the United States
Landview Appliances sells a stove to Evan for his home. The contract of sale excludes liability for consequential damages. When Evan turns on the stove, it catches fire, burning Evan severely. Evan cannot recover for his injuries because of the exclusion of damages clause
a. True b. False Indicate whether the statement is true or false
The owner of an amusement park has decided to open a second entry booth and hire another employee to service customers entering the park. Customers arrive at the rate of 20 per hour and will wait in a single line until one of the two employees is available to provide service. The average service time of both employees is 2 minutes to provide service. T The arrival rate follows Poisson distribution, and the service time follows a negative exponential distribution. Determine the average time the customer spends in the queue.
a. 2.25 minutes b. 3 minutes c. 0.25 minutes d. 1 minute