Geo-targeting is a form of mobile marketing that involves identifying retail outlets for consumers who wish to shop at a bricks and mortar store

Jack & The Beanstalk Restaurant chain earned $125 million before tax profits in 2018. It paid 20% in tax. During the year it owned assets of $4 billion and had $3.25 billion in debt. Its (after-tax) ROE for the year was:

a) 16.67% b) 13.33% c) 3.125% d) 3.08% e) 2.5%

Bob enlists the help of his son to buy a new car. On the way to test-drive several models, Bob

tells his son, "I'm leaving this entire decision up to you except that you are not to spend over $20,000 on whatever car you decide on". At the Toyota dealer, Bob tells the salesperson, "I'm turning this whole decision over to my son, so deal with him even though it will be my car." Later, the son returns to the dealership and negotiates the purchase of a Toyota Camry for $21,500. What type of authority, if any, existed for the son to purchase this car? A) Apparent B) Dependent C) Implied D) No authority existed here E) Actual