1. Which of the following is not a method of retail competition? A. Price B. Location C. Service D. Travel 2. Pham is employed as a human resource manager. His responsibilities might include all of the following activities except A. projecting sales for the coming six-month period. B. administering employee benefit programs. C. developing employee training programs. D. administering compensation plans. 3. Camden Products buys a $500000 machine by taking out a bank loan. The companys assets will ________ by $500000 while its liabilities will ________ by $500000. A. fall; rise B. rise; rise C. rise; fall D. fall; fall 4. If a firm has a current ratio of 2.00 it means that for every $2 in ________ it has $1 in A. total assets; total liabilities. B. current assets; total liabilities. C. current assets; current liabilities. D. total assets; current liabilities.