The number of customers served per unit of time is called ______.
A. service rate
B. service time
C. arrival rate
D. interarrival rate
A. service rate
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The basic rule of ________ is that a person owes a duty of care to avoid foreseeable injury to others.
A. breach of warranty B. strict liability C. Magnuson-Moss Act D. negligence
The most commonly quoted currency exchange is that between the U.S. dollar and the European euro. For example, a quotation of EUR/USD 1.2174. The euro is the base currency and the dollar the price currency
Indicate whether the statement is true or false.
When Abu went to open a bank account at First National Bank, he was greeted by a friendly account representative who explained the different types of savings and checking accounts, as well as other banking services (e.g., ATM, direct deposit, credit cards and consumer loans) that were available. According to the service marketing triangle, the actions by the account representative are a form of ________ marketing.
A. Internal B. Integrated C. Interactive D. External E. Strategic
Royce Co. acquired 60% of Park Co. for $420,000 on December 31, 2019 when Park's book value was $560,000. The Royce stock was not actively traded. On the date of acquisition, Park had equipment (with a ten-year life) that was undervalued in the financial records by $140,000. One year later, the two companies provided the selected amounts shown below. Additionally, no dividends have been paid. Royce Co.Park Co. Book ValueBook ValueFair ValueCurrent assets$868,000 $420,000 $448,000 Equipment 364,000 280,000 400,000 Buildings 574,000 210,000 210,000 Liabilities (546,000) (168,000) (168,000)Revenues (1,260,000) (560,000) Expenses 700,000 420,000 Investment income Not Given ?What is the consolidated balance of the Equipment account at
December 31, 2020? A. $784,000. B. $644,400. C. $770,000. D. $719,600. E. $775,600.