Jillian Harmon supervises 5 cashiers at Jack's Market. In the past, each cashier served an average of 25 customers per hour. Two months ago, management remodeled the store and installed a new cash register system. Customers no longer need to take their groceries out of the basket. Last month the number of customers served was 5,185 and each cashier worked an average of 170 hours for the month
Based on this information, the service rate has
a. increased 19 percent.
b. decreased 21 percent.
c. increased 22 percent.
d. decreased 20 percent.
C
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Which one of the following statements is true?
a. External events (transactions) involve interactions between an entity and a party outside the entity. b. Every event or transaction which affects an entity is identified from a source document. c. All economic events can be reliably measured. d. The movement of raw material into production is an external event.
The word preferred in the phrase preferred stock means that an owner of preferred stock has some advantages over a bondholder
Indicate whether the statement is true or false
Euclidean distance can be used to measure the distance between __________ in cluster analysis.
A. objects B. clusters C. observations D. ward
Lauren purchased a stock for $28 a share and sold it six months later for $31. While she owned the stock, Lauren received two quarterly dividends of $0.35 per share. Brittany's holding period return on this stock is
A) 13.2%. B) 10.7%. C) 11.9%. D) 26.4%.