As part of a union negotiation agreement, the United Clerical Workers Union conceded to be paid every two weeks instead of every week
A major firm employing hundreds of clerical workers had a weekly payroll of $1,000,000 and the cost of short-term funds was 12 percent. The effect of this concession was to delay clearing time by one week. Due to the concession, the firm ________.
A) realized an annual loss of $120,000
B) realized an annual savings of $120,000
C) increased its cash cycle
D) decreased its cash turnover
B
Business
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All of the following are alternatives to hospital care EXCEPT
A) skilled nursing B) home health care C) assisted living care D) intermediate nursing
Business
A test for differences in the means of paired samples is called the ________
A) paired samples t-test B) paired samples F-test C) paired samples p-test D) paired samples z-test E) paired samples ratio test
Business