The grand jury has the power to subpoena witnesses

Indicate whether the statement is true or false


TRUE

Business

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A company is planning to purchase a machine that will cost $24,000 with a six-year life and no salvage value. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the payback period for this machine?      Sales   $90,000  Costs:       Manufacturing$52,000     Depreciation on machine 4,000     Selling and administrative expenses 30,000 (86,000) Income before taxes   $4,000  Income tax (50%)    (2,000) Net income   $2,000  

A. 24 years. B. 12 years. C. 1 year. D. 4 years. E. 6 years.

Business

Paul DeMairo is identifying key performance indicators to be tracked and analyzed through his company's CRM program. Which of the following would Paul be LEAST likely to include as a key performance indicator?

A) average revenue per customer B) customer lifetime value C) cost to acquire a new customer D) cost to retain a channel member E) cost to retain a current customer

Business

The semester project came back from the copy store and to her horror, the project leader has just noticed that the left side y-axis of a key Pareto chart was cut off due to a printing error

The bar chart component uses the missing left side y-axis and the cumulative percentage line on the Pareto chart uses the right side y-axis. The project leader is pretty sure that the total number of observations in all combined categories is 200. Can you help her develop estimates of the counts for each of the five categories?

Business

As firms are unable to match cash inflows to outflows with certainty, most of them need current liabilities

Indicate whether the statement is true or false

Business