Owens Corp and Turner Electrical Supplies were the only two electrical supply companies operating in two neighboring states. The two companies exchanged information on their products, agreed to sell their products at the same prices, and decided the sales territories in the two states between them. Were these actions legal?
No. Their actions are violations of both state and federal antitrust laws.
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The outflow of assets resulting from the sale of products and services is called a(n)
a. asset b. liability c. revenue d. expense
Answer the following statements true (T) or false (F)
1. The current ratio is calculated as total current assets divided by total current liabilities. 2. A high current ratio indicates that current liabilities are greater than current assets. 3. The cash ratio helps to determine a company's ability to meet its short-term obligations using cash and cash equivalents. 4. The acid-test ratio measures a company's ability to pay all its current liabilities if they came due immediately. 5. Merchandise inventory and prepaid expenses are excluded from the acid-test ratio.
Can a client who is starting a new business have a workplace rule that no pregnant women be hired?
A) No, because of Title VII B) No, because of OSHA regulations C) No, because of Equal Pay Act D) Yes, because of respondeat superior
What are the two main objectives of a bad-news message, and how can you achieve them?