The ________ method is based on the principle that the total set of feasible solutions can be partitioned into smaller subsets of solutions
Fill in the blank with correct word.
Answer: branch and bound
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One effect on the accounting equation when a firm lends money is
a. stockholders' equity decreases. b. liabilities decrease. c. liabilities increase. d. total assets remain the same.
The information used to analyze a firm's profit path comes from the
A. financial leverage statement. B. balance sheet. C. strategic profit model. D. income statement. E. profitability statement.
Creditors of Northern Hydraulics file an involuntary bankruptcy petition against the company and the petition is approved. What is true of Northern Hydraulics?
a. Northern Hydraulics has at least $10,425 in debts. b. There are at least 12 creditors. c. A custodian has automatically been appointed. d. It must make all the filings necessary under a voluntary petition.
Marilyn brought her $300 silk dress to University Dry Cleaners to be cleaned. On the back of the ticket she received in exchange for the dress was written, "liability limited to five times the cost of cleaning." Marilyn's dress was lost and University now claims it owes her only $50, five times the cost of cleaning. Is that true?
A) Yes, because Marilyn is a bailor. B) No, because the cleaner is not a common carrier. C) No, because the limitation was not communicated to her before she bailed the property. D) Yes, because the cleaner had the right to limit its liability to a reasonable amount.