When the depositor deposits a check to a checking account, the bank becomes his agent for collection of the check.
Answer the following statement true (T) or false (F)
True
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Which of the following is a measure of liquidity?
A) Current ratio B) Earnings per share C) Accounts receivable turnover ratio D) Return on common equity
Which work measurement technique breaks down tasks into a series of generic micromotions?
A) time study method B) elemental standard data approach C) predetermined data approach D) work-sampling method
The U.S. Census Bureau's Survey of Business Owners shows that the number of minority-owned companies in the United States was __________ in 2012.
A. 5.8 million B. 1.3 billion C. 872,000 D. 8 million E. 2.9 million
Suppose that 4 out of 12 liver transplants done at a hospital will fail within a year. Consider a
random sample of 3 of these 12 patients. What is the probability that all 3 patients will result in failed transplants? A) .296 B) .037 C) .018 D) .333