As cost-driver level increases in the relevant range, a fixed cost does not change ________, but the fixed cost ________ becomes progressively smaller

Days' sales in inventory measures how quickly a company can collect its receivables

Indicate whether the statement is true or false

How long is the average wait at the soda machine?

The soda machine outside the lecture hall sees a steady stream of customers throughout the day. The machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed and students generally know what they want from the machine - the average feeding of the machine takes two seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 500 per hour. A) 15 seconds B) 20 seconds C) 25 seconds D) 30 seconds