Express warranties must contain the word "express" in writing to be legitimate
Indicate whether the statement is true or false
FALSE
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All of the following are economic factors that will decrease a firm's value-to-book ratio over time except:
a. decreasing competition that drives the firm's ROCE down b. increasing systematic risk that increases the firm's equity cost of capital over time c. a loss of competitive advantage through changes in technology or other factors d. retaining earnings or issuing equity capital and deploying the capital in activities that generate ROCE levels that are lower than current levels
Standard costing is typically an inexpensive component to add to a company's existing cost accounting system
Indicate whether the statement is true or false
A distribution of service times at a waiting line indicates that service takes 6 minutes 30 percent of the time, 7 minutes 40 percent of the time, 8 minutes 20 percent of the time, and 9 minutes 10 percent of the time
In preparing this distribution for Monte Carlo analysis, the service time of 8 minutes would be represented by what random number range? A) 20 through 40 B) 21 through 40 C) 70 through 90 D) 71 through 90 E) 01 through 20
Around half the states originally followed the employment-at-will rule
a. True b. False Indicate whether the statement is true or false