Jim is an appliance salesperson. To make a sale, he asserts that a certain model of a Kitchen Helper refrigerator is the "best one ever made.". This is

a. fraud if the statement is the truth.
b. fraud if Jim believes that this statement is not true.
c. fraud if Jim is stating his opinion, not the facts.
d. not fraud.


d

Business

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Suppose a linear programming (minimization) problem has been solved and the optimal value of the objective function is $300. Suppose an additional constraint is added to this problem

Explain how this might affect each of the following: (a) the feasible region, (b) the optimal value of the objective function.

Business

Garrison Company has two investment opportunities. A cash flow schedule for the investments is provided below: YearInvestment A Investment B0 $(4300)   $(4950) 1  1720?     2580?  2  1720?     1720?  3  1720?     1720?  4  1720?     860?  Considering the unequal investments, which of the following techniques would be most appropriate for choosing between Investment A and Investment B?

A. Present value index B. Payback technique C. Net present value technique D. None of these answers is correct.

Business

________ help us analyze whether a company is moving toward financial stress or is using debt to benefit the company and ultimately, the owners of the company

A) Financial leverage ratios B) Asset management ratios C) Days' sales in inventory D) Total asset turnover

Business

What is the essential element in determining who bears the risk of loss of goods?

A) The party producing the goods bears the risk of loss. B) Risk of loss follows the cash in a transaction. C) Contracts attempting to shift the risk of loss are void due to illegality. D) The party with control over the goods bears the risk of loss.

Business