Regal Marine:

A) no longer builds boats with any wooden parts.
B) has replaced all human labor with robots.
C) treats the product design decision as critical to its success.
D) gets its competitive advantage by being the low-cost producer of boats designed by others.
E) designs several new boats each year, but contracts other firms for their manufacture.

C

Business

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At the end of a recent year, Global Cleaning Service, a full-service house and office cleaning service, had total assets of $3,630 and equity of $2,280. How much were Global Cleaning Service's liabilities?

a. $5,910 b. $3,630 c. $1,350 d. $2,280

Business

A title company may accept earnest money but would have to return the funds to the brokerage if there was a dispute over the funds.

a. true b. false

Business