The Owner of Kat Motel Wants to Develop a Time

question 22

Multiple Choice

The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:

What is the standard time for this task if the employee worked at a 50 percent faster pace than average, and an allowance of 20 percent of job time is used?

• A)90 seconds
• B)99 seconds
• C)100 seconds
• D)162 seconds
• E)150 seconds

Calculate the value of government treasury bills at different interest rates and time periods.

Determine the yield and market value of commercial paper and promissory notes.

Assess the impact of fluctuating prime rates on loan balances.

Compute simple interest rates and their influence on investment returns.

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