Pareto's Law suggests that 80% of a company's revenues or profits are accounted for by 20% of a firm's products or customers
Indicate whether the statement is true or false
TRUE
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The lessee's disclosures should include the future minimum rental payments as of the date of the latest balance sheet presented, in the aggregate and for a certain number of succeeding fiscal years. What is the required number of years?
A) 10 B) 8 C) 7 D) 5
A conventional ______________________________ procedure involves a single key that is used both by the sender to encrypt the message and by the receiver to decrypt it.
Fill in the blank(s) with the appropriate word(s).
HighLife Corporation has the following information:
Average demand = 30 units per day Average lead time = 40 days Item unit cost = $45 for orders of less than 400 units Item unit cost = $40 for orders of 400 units or more Ordering cost = $50 Inventory carrying cost = 15 percent The business year is 300 days. Standard deviation of demand during lead time = 90 Desired service level = 95 percent What is the EOQ if HighLife pays $45/unit? Due to possible differences in rounding, choose the closest answer. A. 287 B. 300 C. 365 D. 398
If a state has adopted the Revised Uniform Principal and Income Act, which of the following statements is correct?
A. Under state law, tax-exempt interest will not be allocated to income. B. The state law definition of trust income will preempt any other definitions. C. The definition of trust income in the trust document will preempt all other definitions. D. The definition of principal in the trust document must classify capital gains as principal.