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NEW QUESTION: 1
The best use of the cost of lost banking customers is to:
A. Compare lost-customer costs with costs to obtain new customers, and if the cost of obtaining new
customers is greater, refocus efforts on customer retention.
B. Use these figures to reprimand employees responsible for lost customers.
C. Justify an initiative to contact lost customers and entice them to come back.
D. Compare this cost from one accounting period to another.
Answer: A
NEW QUESTION: 2
Match the items in the two columns below. Choose the option that matches them correctly
A. 1-c, 2-a, 3-b, 4-d
B. 1-d, 2-a, 3-c, 4-b
C. 1-b, 2-a, 3-d, 4-c
D. 1-b, 2-d, 3-a, 4-c
Answer: C
NEW QUESTION: 3
If a and b are integers greater than 100 such that a + b = 300, which of the following could be the exact
ratio of a to b ?
A. 3 to 2
B. 4 to 1
C. 5 to 3
D. 5 to 2
E. 9 to1
Answer: A
Explanation:
To solve this question, you need to look at the answer choices. For any of the answer choices to be the
ratio of a to b, some multiple of the sum of the two numbers must evenly divide 300. For example, if the
ratio of a to b equaled 9 to 1, then a would equal 9x and b would equal x for some number x. Furthermore,
9 x + x would have to equal 300. This is possible since 10x = 300 yields an integer solution, namely x = 30.
However, if x = 30, then a would equal 270 and b would equal 30. Although the sum of these numbers
equals 300, they do not satisfy the other condition in the problem. That is, both of these numbers are not
greater than 100. Therefore, choice (A) can be eliminated. Answer choices (B) and (C) can be eliminated
since neither the sum of the two numbers in (B) nor the sum of the two numbers in (C) evenly divided 300.
(5x + 2x = 300 does not yield an integer solution, nor does 5x + 3x = 300.) Although answer choices (D)
and (E) are possible ratios of a to b (both 4x + x = 300 and 3x + 2x = 300 yield integer solutions), (D)
results in a = 240 and b = 60 and can be eliminated since 60 is not greater than 100.
Only choice (E) gives a correct ratio of a to b that satisfies all of the conditions in the problem. For (E), a =
1 80 and b = 120, and both integers are greater than 100.
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