If events A and B cannot occur at the same time, they are called mutually exclusive

Indicate whether the statement is true or false


T

Business

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A company's fixed marketing administrative expense was estimated to be $12 million. It has retained 245,000 customers and has acquired 36,000 new customers. The acquisition cost per customer is 10 times more than the retention cost per customer

If the retention cost per customer is $180, calculate the marketing and sales budget of the company. A) $236.6 million B) $338.4 million C) $183.9 million D) $120.9 million E) $85.8 million

Business

A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be invested in order to have the desired sum in ten years, if the money can be invested at 12%? (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.

A. $6,440 B. $3,254.68 C. $3,539.82 D. $7,720

Business

When deciding whether to keep or replace a fixed asset, the asset's carrying value could be relevant to the decision

Indicate whether the statement is true or false

Business

Which of the following is NOT a level of organization, as formulated by Thompson?

A) Technical B) Organizational C) Managerial D) Institutional

Business