When is a complete enumeration of solutions used?
A) when there are an infinite number of solutions to be searched
B) when the modeler requires a guided approach to problem solving
C) when a solution that is "good enough" is fine and good heuristics are available
D) when there is enough time and computational power available
D
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Last year Mason Inc. had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $195,000 and its net income was $10,549. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $5,250 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income in this amount, by how much would the ROE have changed?
A. 5.66% B. 5.95% C. 6.27% D. 6.58% E. 6.91%
Duress may generally be defined as any act or threat that overcomes the free will of a party
Indicate whether the statement is true or false
Which of the following statements made by the seller does not likely constitute an express warranty??
A) "This looks beautiful on you." B) "This is 100 percent wool." C) "This motor generates 100 horsepower." D) "This is a 3.2 liter rotary engine."
For which type of leadership is stewardship one of the characteristics?
A. Aesthetic B. Servant C. Relational D. Transformational