Under the responsible corporate officer doctrine officers and directors are not personally responsible for crimes they have committed when it can be demonstrated that in carrying out such crimes, they acted on behalf of the corporation
Indicate whether the statement is true or false
False
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The following information is for Barrel and its competitor Crate. ?BarrelCrate?Year 1Year 2Year 1Year 2Net sales ?$347,850$365,418$579,750$664,395Cost of sales ?121,747146,167318,862312,265Required:1. Calculate the dollar amount of gross margin and the gross margin ratio to the nearest percent, for each company for both years.2. Which company had the more favorable ratio for each year?3. Which company had the more favorable change in the gross margin ratio over this 2-year period?
What will be an ideal response?
Service, price, qualifications, action and appreciation are referred to as the five needs of
every customer. Indicate whether the statement is true or false
Which of the following is true of the International Monetary Fund (IMF)?
A. It consists of representatives from all states located in the United States. B. It is funded by the Superfund of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). C. It promotes sound monetary, fiscal, and macroeconomic policies worldwide by providing assistance to poor countries. D. It provides one-time grants to needy countries with no terms or conditions attached to the assistance.
Most firms do not have generic strategies but use a blend of cost and innovation.
Answer the following statement true (T) or false (F)