A crane has a mean time between failures of 186 and mean time to repair of 15. In this case, the availability is ______.
a. 0.925
b. 0.930
c. 0.920
d. 0.890
a. 0.925
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Unlike the more optimistic, team-oriented Gen Xers, Gen Yers are more pragmatic and individualistic
Indicate whether the statement is true or false
Great State Bank loans money to Seth, securing the loan with property owned by Seth. Great State Bank is advised by its attorney to file a financing statement. Great State Bank doesn't understand why it should spend the extra money for this filing, since Seth has told them that he has no other creditors. Why should Great State Bank file a financing statement?
a. There are criminal penalties for failing to file. b. The financing statement allows Great State Bank to repossess the collateral on default without a court order. c. The financing statement will protect Great State's priority rights with other creditors by giving notice to other creditors that it claims a security interest in the collateral. d. Filing the financing statement is necessary to complete the attachment requirement in order to create a security interest.
Cycle Haven, Inc offers warranties on all their bikes
They estimate warranty expense at 3.5% of sales. At the beginning of 2017, the Estimated Warranty Payable account had a credit balance of $1,400. During the year, Cycle Haven had $299,000 in sales and had to pay out $5,900 in warranty payments. How much Warranty Expense will be reported on the 2017 income statement? A) $5,965 B) $7,300 C) $9,065 D) $10,465
To increase shareholder value, managers must try to venture into new markets whether the results are profitable or not.
Answer the following statement true (T) or false (F)