In modeling a waiting line, we can consider several characteristics. Which of the following is NOT such a characteristic?
a. customer population
b. arrival pattern
c. queue size and discipline
d. revenue or yield per customer
d. revenue or yield per customer
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Which one of the following is an example of a deferred revenue?
a. Sales are made to customers on credit. b. Interest has been earned by a bank deposit, but it has not been recorded. c. Cash is received prior to providing the services to customers. d. Cash sales are made to customers.
The deletion anomaly is the least important of the problems affecting unnormalized databases
Indicate whether the statement is true or false
______ refers to new or improved product development.
a. Product mix b. Product design c. Product assortment d. Product selection
Johnson Repair Service had net income for the year of $125,000. In addition, the balance sheet reports the following balances:
Jan. 1, 2016 Dec 31, 2016 Accounts Receivable $ 5,600 $ 14,200 Accounts Payable 12,000 9,500 Building 125,000 125,000 Cash 37,500 35,000 Office Furniture 25,000 50,000 Office Supplies 3,200 1,500 Notes Payable 60,000 75,000 Total Stockholders' Equity 124,300 141,200 Calculate the return on assets (ROA ) for Johnson Repair Service for the year ending December 31, 2016. What will be an ideal response