Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would have taken additional precautions to avoid harm
Indicate whether the statement is true or false
True
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Which of the following is NOT one of the four distinctive characteristics of a mobile device?
A) It is tied to one user. B) It allows marketers to personalize messages. C) It is virtually always "on." D) It allows for immediate consumption as it is a distribution channel with a payment system. E) It is highly interactive given it allows for geotracking and picture and video taking.
An example of an external user of accounting information is the federal government
Indicate whether the statement is true or false
To build a competitive advantage by out-managing rivals in performing value chain activities, a company must
A. position itself in the industry's more favorably situated strategic group. B. develop core competencies and maybe a distinctive competence that rivals don't have or can't quite match and that are instrumental in helping it deliver attractive value to customers. C. develop resource strengths that will enable it to pursue the industry's most attractive opportunities. D. outsource all of its value chain activities to world-class vendors and suppliers. E. eliminate its resource weaknesses.
Dennis Company reported net income of $50,000 on sales of $300,000. The company has average total assets of $500,000 and average total liabilities of $100,000. What is the company's return on equity ratio?
A. 50.0% B. 16.7% C. 10.0% D. 12.5%