Employers must have permission from job applicants to request a credit report
a. True
b. False
Indicate whether the statement is true or false
True
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Lower of cost or market refers to the going price of the seller's goods to its customers
Indicate whether the statement is true or false
What is a gratuitous promise?
A) a promise for which no consideration has been given B) a promise which concerns an illegal subject matter C) a promise which concerns a subject matter contrary to public policy D) a promise for which inadequate consideration has been given E) a promise made to give a tip to a waitress at a restaurant
The ingredients of the marketing mix are used to:
a. demonstrate the expertise of the marketing department b. meet product display requirements c. encourage in-house support of marketing activities d. fulfill trade show commitments e. reach the target market
The overall cost of capital for a retail store:
A) is equivalent to the after-tax cost of the firm's liabilities. B) should be used as the required return when analyzing a potential acquisition of a wholesale distributor. C) reflects the return investors require on the total assets of the firm. D) remains constant even when the debt-equity ratio changes. E) is unaffected by changes in corporate tax rates.