There are three items (A, B, and C) that are to be shipped by air. The weights of these are 4, 5, and 3 tons, respectively, and the plane can carry 13 tons. The profits (in thousands of dollars) generated by these are 3 for A, 4 for B, and 2 for C
There are four units of each available for shipment. If this were to be solved as a dynamic programming problem, how many stages would there be?
A) 1
B) 2
C) 3
D) 4
E) None of these
C
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Which of the following would appear as a line item on the income statements of both a merchandiser and a manufacturer?
A) Direct Labor B) Cost of Goods Manufactured C) Direct Materials D) Cost of Goods Sold
Which of the following statements about stock-based managerial compensation is correct?
A) It may cause dysfunctional behavior in the short-run as managers try to drive up the company's stock price. B) Exercising the option as soon as it is granted will leave the manager better off from a cash standpoint. C) Stock options are always guaranteed to increase in value over time. D) Managers always prefer to receive stock options instead of year-end bonuses.
Trice is a fellow student who heard about your business idea and put you in contact with his brother-in-law who might have similar interests. What is the role that Trice is playing?
a. a mentor b. a self-selected stakeholder c. a role model d. he is just being nice guy
Which of the following liabilities is created when a company receives cash for services to be provided in the future?
A) Unearned Revenue B) Accrued Liability C) Accounts Payable D) Estimated Warranty Payable