The aspiration level in a goal programming model indicates:
a. The desired or acceptable level for the objective function.
b. The desired or acceptable level for a specific goal.
c. The initial values for multiple goals.
d. All of the above
B
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Indicate whether the statement is true or false.
The following random sample from a population whose values were normally distributed was collected. 10121816? The 80% confidence interval for ? is
A. 12.054 to 15.946. B. 10.108 to 17.892. C. 10.321 to 17.679. D. 11.009 to 16.991.
The underlying cause of ranking conflicts between the NPV and IRR methods is differing:
A) Initial cost. B) Reinvestment rate assumption. C) Cash flow timing. D) Profitability indices. E) Errors in calculating the discount rate.
Tootsie Roll Industries Inc
Income Statement As of December 31, Year 6 ($000s) Year 6 Net sales 194,299 COGS 103,205 SG&A 54,329 EBIT 36,765 Interest expense 612 Other income (expenses), net 966 Income before income taxes 37,119 Income taxes 14,563 Net Income 22,556 Total Cash dividends 12,316 Shares Outstanding 9,645 Average price per share (4th Q) $36.50 Selected Financial Ratios Year 6 Industry Avg. Net Profit Margin 8.2% Total Asset Turnover 1.64 ROA 13.4% Equity Multiplier 1.42 ROE 19% Referring to the financial statements for Tootsie Roll, what is the difference between the Industry and Tootsie for the net profit margin? (Tootsie - Industry) A) 3.1% B) 3.4% C) 5.4% D) 8.2% E) 11.6%