In a bailment, the bailee is liable for loss or damage to the bailed property while it is in the hands of the bailee: a. under all circumstances; the bailee is the "insurer" of the goods. b. only if he has a personal interest in the safety of the property. c. unless the bailee has given some consideration. d. only if the bailee intentionally causes harm or loss to the goods.

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease