An oil drilling company ordered a pumpjack for its operations. The pumpjack manufacturing company not only set up the machine but also provided training to the people who needed to use it

It also let the drilling company know that it would be undertaking the maintenance and repair services for the pumpjack. What kind of a service is the manufacturing company providing?


The manufacturing company is said to be providing facilitating services.

Business

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If $500,000 of 10-year bonds, with interest payable semiannually are sold for $494,040 based on (1) the presentvalue of $500,000 due in 20 periods at 5% plus (2) the present value of twenty $25,000 payments at 5%, thenominal or contract rate and the market rate of interest for the bonds are both 10%

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

Business

____________________ paper is a short-term note issued by a major corporation with excellent credit standing.

Fill in the blank(s) with the appropriate word(s).

Business

Collections of manufacturing workstations that are dedicated to the production of similar parts or part families are?

a. Production corrals b. Group technology cells c. Cellular cages d. Production houses

Business

A report that gives status updates on a current project is called A) the minutes of a meeting

B) an analytical report. C) a progress report. D) a summary.

Business