Which of the following is an example of an employer de-skilling a job to make it possible for lower-skilled workers to enter the workforce?
A) Burger King paying above the minimum wage
B) Walmart offering succession training programs
C) McDonald's using pictures on cash register keys
D) Target hiring seasonal employees at its warehouses
Answer: C
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Float is important in the cash conversion cycle of a firm because ________
A) its presence reduces a firm's average collection period B) its presence reduces a firm's average payment period C) its presence lengthens both a firm's average collection period and its average payment period D) its presence reduces the investment that a firm must make in its cash conversion cycle
If an insurance policy carries a $250 deductible and an accident results in the following losses, what will be the reimbursement from the insurance company under your collision and comprehensive coverage?
? Replacement of trailer hitch $200 ? Replacement of rear bumper $150 ? Replacement of computer being carried on the back seat $300 ? Replacement of rear windshield $100 A) $200 B) $250 C) $450 D) $750