A simple sequential project (each task must be completed before the next one can begin) has the time estimates (in days) shown below:
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What is the expected total time for the project?
A. 7.33 days
B. 9.00 days
C. 10 days
D. 12.67 days
B. 9.00 days
Explanation:
In this problem, the expected durations for each task will all be equal to the most likely durations since the worst case and best case are an equal distance from the most likely case.
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Bristal Boats, Inc reports sales of $4,000,000, variable costs of $500,000, fixed operating costs of
$1,250,000, and interest expense of $350,000. The corporation's EBIT is $3,250,000 and its marginal tax rate is 30%. If the corporation is able to increase its sales by 25%, then A) its EBIT will increase by more than 25% and its EPS will increase by less than 25%. B) its EBIT will increase by more than 25% and its EPS will increase by more than the percentage increase in EBIT. C) its EBIT will increase by 25% and its EPS will increase by 25%. D) its EBIT and EPS will both increase, but less than 25% due to fixed costs and taxes.
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A. Optimization B. Conflict resolution C. Budget balancing D. Marketing
According to the Keown book, how does a consumer avoid predatory lending?
A) Regulation B) Legal action C) Knowledge D) Steering