The LGBT population in the United States
a. constitutes about 3% of the total population.
b. is growing rapidly because of the positive LGBT role models in the media.
c. has less disposable income than the straight population due to discrimination.
d. experiences mixed messages from society about workplace equity.
d. experiences mixed messages from society about workplace equity.
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A new firm typically starts as a local operation selling in a fairly circumscribed market by ________
A) finding and developing new intermediaries B) using a few existing intermediaries C) forming partnerships with the market leader D) creating a special channel E) forming partnerships with other firms
The use of prenumbered sales invoices is the primary control procedure to satisfy the objective of authorization
a. True b. False Indicate whether the statement is true or false
Poultry Processing processes chickens for fast food restaurants. The Majestic chickens arrive from the farms on trucks, in cages, at a rate of 8 trucks per hour according to the Poisson distribution
The quality standards of Poultry Processing require that the chickens be processed within 30 minutes, which includes the time from when the trucks arrive until the chickens are finished processing. Determine the maximum average processing rate (in truckloads per hour) that must be designed for the machine, in order to ensure that the cages will be processed, on the average, in 30 minutes or less. Assume processing time is exponentially distributed.
Polk Company uses a perpetual inventory system and had the following transactions during November:November 6-Purchased $8,700 of inventory on account, terms 2/10, n/30. November 8-Returned $1,200 of defective units and received full credit. November 15-Paid the amount due. What journal entry will be recorded by Polk Company on November 15?
A. Debit Accounts Payable for $7,500, credit Purchase Discount for $150, and credit Cash for $7,350 B. Debit Accounts Payable for $7,350, credit Inventory for $150, and credit Cash for $7,200 C. Debit Accounts Payable for $7,500, credit Inventory for $150, and credit Cash for $7,350 D. Debit Accounts Payable and credit Cash for $7,350