The European Union applies strict liability to services

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


False

Business

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Calculate Gross Profit.

Bargain Merchandisers has the following transactions for the month of July.


A) $29,000
B) $109,000
C) $35,000
D) $23,000

Business

The largest component of aggregate demand is

A. net exports. B. government spending. C. investment. D. consumption.

Business

The cost of goods sold for a company for the year was $1,600,000 . Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000 . The average number of days that the inventory was held during the year was

a. 8.0 days. b. 25.0 days. c. 39.6 days. d. 45.6 days.

Business

Tommy's Family Furniture is looking for a new supplier for its armchairs. Tommy is primarily interested in only two criteria: price and name brand value. He considers the value of the name brand to be three times more important than price

Tommy has narrowed his choices to two suppliers. On a 10-point scale, he has assigned Amy's Armchairs a score of 8 on price and 5 on name brand value. He has assigned Annie's Armchairs a score of 3 on price and 6 on name brand value. Apply the factor weighting technique to help Tommy choose a new armchair supplier.

Business