The size of the market potential places limits on the size of the company sales potential.
Answer the following statement true (T) or false (F)
True
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Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The residual income for Chicks is:
A) $60,500 B) $22,000 C) $77,000 D) $24,200
When a firm uses the same brand for most or all of its products, such as Honey Baked Ham, it is using ____________________ branding.
Fill in the blank(s) with the appropriate word(s).
Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is
A. the parties' intent. B. Phil's rate of pay. C. the duration of the work. D. Vacation Resorts's facilities.
In NAACP v. North Hudson Regional Fire & Rescue, the NAACP sued the North Hudson fire department for disparate impact discrimination because the fire department required that potential firefighters live in North Hudson. In North Hudson, only 3% of the population was African-American, while in the Tri-county area, 37.4% of protective services workers were African-American. North Hudson claimed
that residency was a business necessity. The court ruled: a. for the NAACP, because there were less discriminatory means of achieving the fire department's goals b. for the NAACP, because the fire department intentionally discriminated based on race c. for the North Hudson Fire Department, because it was reasonable to require firefighters to live in the city so that they were familiar with streets and buildings d. for the North Hudson Fire Department, because the NAACP had not proved a prima facie case of discrimination