Balance efficiency is calculated as the ______.

A. product of total time used and total time available
B. ratio of total time used to total time available
C. difference between total time used and total time available
D. sum of total time used and total time available


B. ratio of total time used to total time available

Business

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A sales representative calls on a prospective business customer only to find that the customer has an established relationship with another supplier that seems to be working well. The customer is not interested in considering other suppliers. The customer is currently in a ________ situation.

A. new-task buying B. modified rebuy C. straight rebuy D. limited problem solving E. extensive problem solving

Business

Elemental standard time data cannot be used to develop time standards for new work before production begins

Indicate whether the statement is true or false

Business

Raising new capital through the sale of common equity is an example of which cash-related activity in the cash flow cycle?

A) Operating activity B) Profitability activity C) Investing activity D) Financing activity

Business

An indorser who writes "without recourse" next to her signature on a negotiable instrument is not liable for payment

Indicate whether the statement is true or false

Business