According to the information provided in Table 12-2, which presents a queuing problem solution, on average, how many units are in the line?
A) 5.455
B) 3.788
C) 1.091
D) 0.758
E) 0.833
B
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On September 1, Kennedy Company loaned $100,000, at 12% annual interest, to a customer. Interest and principal will be collected when the loan matures one year from the issue date. Assuming adjustments are only made at year-end, what is the adjusting entry for accruing interest that Kennedy would need to make on December 31, the calendar year-end?
A. Debit Interest Receivable, $12,000; credit Cash, $12,000. B. Debit Interest Expense, $4,000; credit Interest Payable, $4,000. C. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000. D. Debit Interest Expense, $12,000; credit Interest Payable, $12,000. E. Debit Cash, $4,000; credit Interest Revenue, $4,000.
The ____________ theory of international production proposes states that for a firm to invest in facilities overseas, it must have three kinds of advantages.
Fill in the blank(s) with the appropriate word(s).
Despite her interest in sales, Roni is concerned when she learns that, on average, female salespeople make less money than male salespeople do. Which one of the following statements is most likely true?
A) Male salespeople have controlled the industry for almost a century, so there is no reason to think female salespeople will ever be able to equal male earnings. B) Male salespeople would like to earn salaries equal to the salaries of female salespeople, but industry regulations have set their starting salaries at unequal rates. C) Female salespeople will never earn as much as male salespeople will in certain industries, such as heavy industry and transportation. D) Female salespeople make less money than male salespeople do because they must take care of their families and therefore cannot be as focused on their jobs as men are. E) The difference between the average earnings of female and male salespeople is less than the difference between the average earnings of female and male workers in other professions.
Corporate stock can be divided into categories called ________, which can be further divided into ________
a. authorized shares, classes. b. classes, series. c. equity, assets. d. debentures, classes.