An example of a bailment for the bailor's sole benefit is when Sherri, without compensation, lends her Cappuccino maker to Ed for Ed's party

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


False

Business

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Cloverton Corporation had net income of $40,710, net sales of $1,450,000, and average total assets of $590,000. Its return on total assets is:

A. 14.5% B. 1.4% C. 6.9% D. 245.8% E. 2.8%

Business

The primary impact of poorly developed global capacity plans is the failure to ______.

A. deliver the product or service on time B. price the product accurately C. ensure a full complement of product features D. meet international design requirements for the product

Business

What would having B Corporation status in the city of Philadelphia do for a company?

a. The company would earn a 15 percent reduction in total corporate taxes. b. It would improve a company’s reputation but earn no monetary incentives. c. It would do nothing. d. The company would earn a $4000 tax credit.

Business

Which of the following generally represents a large percentage of total costs in service business?

a. Machinery b. Labor c. Automated production equipment d. Logistics

Business