The extreme risk of an activity is a defense against imposing strict liability.

Answer the following statement true (T) or false (F)


False

Business

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George's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $200,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account

information for George's Department Store Calculate George's cost of goods purchased a. $ 90,000 b. $ 84,000 c. $ 117,000 d. $ 103,000

Business

Intimate distance, which is typically reserved for family and intimate relationships, is usually ________.

A. 12 or more feet B. 0 to 18 inches C. 4 to 12 feet D. 18 inches to 4 feet

Business

A school is trying to determine a nutritional diet to feed its students. The objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements, are shown here. Let K and T be the number pounds of kidney beans and tofu to be purchased. Determine the objective function.



A. Minimize cost = $0.90K + $1.50T
B. Minimize cost = 1K + 1T
C. Maximize cost = $0.90K + $1.50T
D. Maximize cost = $1.00K + $1.50T

Business

A project should be accepted if _____.

A. its traditional payback period is greater than the expected number of years to recover the original investment B. its internal rate of return (IRR) exceeds the firm's required rate of return C. it yields multiple internal rates of return D. in addition to cash inflows, the project generates multiple cash outflows during its life E. the sum of its raw (undiscounted) cash inflows is greater than the sum of the present value of its cash outflows.

Business