Which of the following mathematical expressions computes the net worth of a firm?
A. Net worth = Current assets minus current liabilities
B. Net worth = Total assets minus current liabilities
C. Net worth = Total liabilities minus current assets
D. Net worth = Total assets minus total liabilities
E. Net worth = Total liabilities minus current liabilities
Answer: D
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Which statement is true if deciding on the number of scale categories to use in a non-comparative itemized rating scale?
A) If the respondents are interested in the scaling task and are knowledgeable about the objects, a larger number of categories may be employed. B) Space limitations may restrict the number of categories in mail questionnaires. C) If telephone interviews are involved, many categories may confuse the respondents. D) All of the statement above are true.
'Because of their greater dependence on the provider, services have the potential for high variance in their performance' describes the _______ characteristic of services
a. intangibility b. inseparability of production and consumption c. perishability d. heterogeneity