According to Table 13-3, the number of arrivals in any 10-minute period is between 6 and 10 inclusive. Suppose the next 3 random numbers were 02, 81, and 18. These numbers are used to simulate arrivals into the pharmacy

What would the average number of arrivals per 10-minute period be based on this set of occurrences?
A) 6
B) 7
C) 8
D) 9
E) None of the above


B

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A company purchases an oil well for $400,000. It estimates that the well contains 500,000 barrels, has a ten-year life, and has no salvage value. If the company extracts and sells 40,000 barrels during the first year, how much depletion expense should be recorded?

A) $32,000 B) $40,000 C) $80,000 D) $200,000

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When a seller allows a buyer thirty days to pay for a purchase, the selling arrangement is known as:

a. a tying agreement b. a promissory note c. equity financing d. a time draft e. trade credit

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A sales representative cannot legally accept a kickback from a purchaser of his or her employer's products

a. True b. False Indicate whether the statement is true or false

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The concept of contingent reward is part of which theory of leadership?

a. Contingency Model b. Normative Decision c. Substitutes for leadership d. Transactional leadership

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