All activities involved in obtaining and managing raw materials and component parts, managing finished products, packaging them, and getting them to customers are part of

Which statement about the principle of indemnity is correct?

I. The principle of indemnity reduces moral hazard. II. Replacement cost insurance supports the principle of indemnity (a) I only (b) II only (c) both I and II (d) neither I nor II

The following per unit information is available for a new product of Red Ribbon Company:

Desired ROI $ 20 Fixed cost 40 Variable cost 60 Total cost 100 Selling price 120 The target selling price for this product is a) $125. b) $105. c) $80. d) $155.