Which of the Following Statements About Designing an On-Premises Laundry

question 2

Multiple Choice

Which of the following statements about designing an on-premises laundry is true?

• A)An on-premises laundry should be located as close to hotel guestrooms as possible.
• B)An on-premises laundry should not be located in an area or room with an outside wall.
• C)A cement floor with easily cleanable drains is ideal for an on-premises laundry.
• D)All of the above.

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Definitions:

Quick Ratio

A liquidity indicator that measures a company's ability to meet its short-term obligations with its most liquid assets.

Marketable Securities

Financial instruments that can be easily converted to cash, typically within one year, such as stocks or bonds.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be part of a business's assets that are ready or will be ready for sale.

Bonds Payable

A financial accounting term for the value of bonds that a company is obligated to pay back at some future point.