The local government's willingness to invest in upgrading infrastructure to the levels required by a company is an important issue in a company's decision of where to locate a new facility.

Answer the following statement true (T) or false (F)


True

The local government's willingness to invest in upgrading infrastructure to the levels required may be an incentive to select a specific location.

Business

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Profit margin equals

a. income divided by sales. b. incomes divided by average inventory. c. income divided by average assets. d. income divided by average stockholder's equity.

Business

When a voucher system is used, an invoice approval is not needed as long as the purchase is evidenced by an invoice and purchase order.

Answer the following statement true (T) or false (F)

Business

When using Voice over Internet Protocol (VoIP) your voice travels across the Internet as data. _________________________

Answer the following statement true (T) or false (F)

Business

Madhup operates a wholesale company that specializes in providing a wide variety of services to its customers, which are all restaurants. He carries a wide assortment of restaurant equipment and cookware. Madhup's business is a

A. mail-order wholesaler. B. rack jobber. C. general-line wholesaler. D. specialty-line wholesaler. E. limited-service wholesaler.

Business