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NEW QUESTION 51 A heavily populated town with many gas stations has an average price of $3.25 for a gallon of gasoline. However, one gas station charges $3.60 for a gallon of gasoline and remains very competitive in the market. Which of the following situations could NOT explain this gas station's success?

• A. The gas station offers a loyalty program through which customers can earn points toward future purchases.
• B. The gas station entered the market earlier than any of its competitors.
• C. The gas station offers a free car wash if customers purchase 10 or more gallons of gas.
• D. The gas station is in a convenient location for its customers.

Answer: B   NEW QUESTION 52 In determining free cash flows, how is the change in net working capital calculated?

• A. Receivables minus Payables (year projected) - Receivables minus Payables (previous year)
• B. Ending balance of cash (previous year) - Ending balance of cash (year projected)
• C. Current Assets minus Current Liabilities (year projected) - Current Assets minus Current Liabilities (previous year)
• D. Current Assets (previous year) - Current Assets (year projected)

Answer: C   NEW QUESTION 53 An online music streaming company has two subscription options: 1.Listen to unlimited music with five minutes of advertisements for every hour of music. 2.Pay a monthly fee and listen to unlimited music with no ads. If a potential customer wants to subscribe to the company but is indifferent between options 1 and 2, the customer's willingness to pay (WTP) is:

• A. 0 for music and negative for advertising.
• B. Positive for music and negative for advertising.
• C. Positive for music and positive for advertising.
• D. Positive for music and unknown for advertising.

Answer: B   NEW QUESTION 54 In Dec. of 2013, a company signed a promissory note and recorded a note payable of $150,000. This note is payable in three equal annual installments beginning from Dec. of 2014. How should the company report the note payable on its Dec. 31, 2013 balance sheet?

• A. $50,000 in noncurrent liability and $100,000 in current liability
• B. $150,000 in current liability
• C. $150,000 in noncurrent liability
• D. $50,000 in current liability and $100,000 in noncurrent liability

Answer: D   NEW QUESTION 55 A city concerned about its youth unemployment rate decided to offer a new vocational training program in the hopes of decreasing youth unemployment. Before the program began, the youth unemployment rate was 18%. Four years after the program began, the rate had fallen to 14%. What is the correct null and alternative hypothesis pair for this situation?

• A. Ho: 14% HA. <14%
• B. Ho: <18% HA. 18%
• C. Ho: 18% HA. <18%
• D. Ho: <14% H 14%

Answer: C   NEW QUESTION 56 ...... BTW, DOWNLOAD part of PassTestking CORe dumps from Cloud Storage: https://drive.google.com/open?id=1n9dXtXEXb3uQvcFhP-EuI3zXVpxHfn