The value chain model asserts that companies can deliver customer value throughout the chain

of activities that are used to create products and services and deliver them to market.

Indicate whether the statement is true or false


TRUE

Business

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Richard exchanges a building with a basis of $35,000, and subject to a liability of $25,000, for land with a FMV of $50,000 owned by Bill. Bill takes the building subject to the liability. What is the amount of Richard's realized gain?

A. $15,000 B. $0 C. $25,000 D. $40,000

Business

A bill of lading is a request for payment for shipping charges

Indicate whether the statement is true or false

Business

A silk screen T-shirt Company buys T-shirts and places designs on them. The cost of the T-shirt is $2.00 . Placing the designs on shirts costs $3.00 . The shirts sell for $12 . Unsold shirts are donated to charity. The monthly demand for T-shirts with designs runs at a mean of 400 and a standard deviation of 50 T-shirts and is approximately normally distributed. What is the profit maximizing

number of T-shirts to purchase each month? ____________________ T-shirts Fill in the blank(s) with correct word

Business

As part of its selection process, a freight company administered tests to candidates to assess their practical math skills, which are important to the job

Yet, the manager is reporting that three recent hires are struggling with calculating the dimensions of parcels. What role did the test play in this situation? A) The employees cheated on the test. B) The test was unreliable. C) The employees needed personality tests. D) The test was invalid. E) The test was biased.

Business