A lawyer promises to represent you in court for a certain fee but then sends an assistant to handle the case. This is a common, legitimate assignment of duties

a. True
b. False
Indicate whether the statement is true or false


False

Business

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All of the following are potential benefits of brand extension except

A. eliminating competition. B. allowing the perception of a brand with a quality image to be carried over to the new product. C. boosting sales of the core brand. D. lowering marketing costs. E. spending less on creating brand awareness and associations.

Business

Sun City Corporation's end-of-year balance sheet consisted of the following amounts: Cash $ 25,000 Accounts receivable $ 70,000 Property, plant, and equipment 70,000 Long-term debt 40,000 Capital stock 100,000 Accounts payable 20,000 Retained earnings ? Inventory 35,000 What amount should Sun City report on its balance sheet for total assets?

a. $100,000 b. $95,000 c. $165,000 d. $200,000

Business

Liquidity ratios are an indication of a company's

A) ability to effectively employ its resources. B) overall debt to equity position. C) overall debt position. D) ability to pay bills when they are due and to meet unexpected needs for cash.

Business

Copy testing is a tool for measuring the effectiveness of a completed advertising campaign that cannot be used as a diagnostic tool in the creative development stage of a campaign

Indicate whether the statement is true or false

Business