Indirect costs are those the firm incurs in entering a new market and include costs associated with setting up a business operation

Financial leverage occurs when a company earns less income on borrowed money than the related interest expense

Indicate whether the statement is true or false

A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the bottleneck time?

A) 4 B) 9 C) 18 D) 35 E) 7