Which of the following is not a measure of profitability?

A) Current ratio
B) Return on assets
C) Return on equity
D) Debt to equity ratio


A

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When a company using LIFO experiences a partial or complete liquidation of its older, lower-priced inventory, its gross margin will be ____________________ (higher, lower, or unchanged) for the period

Fill in the blank(s) with correct word

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What is the optimal solution to the integer linear programming problem?

Consider the following integer linear programming problem: Max Z = 3x1 + 2x2 Subject to: 3x1 + 5x2 ? 30 5x1 + 2x2 ? 28 x1 ? 8 x1, x2 ? 0 and integer The solution to the linear programming formulation is: x1 = 5.714, x2 = 2.571. State the optimal values of decision variables and the value of the objective function.

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An agency relationship may occur by operation of law in a family

a. True b. False Indicate whether the statement is true or false

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A navigation error caused a cargo ship to run aground on a reef. The ship, valued at $1.5 million, was carrying $1.5 million in grain and $1.5 in electronic devices. The ship sustained a $150,000 physical damage loss

If this loss is a "particular average" loss, how will the loss be settled? A) The owners of each of the three interests are responsible for $50,000. B) The owner of the ship is responsible for the entire $150,000 loss. C) The two cargo owners are each responsible for $75,000 of the loss. D) The owner of the ship is responsible for the first $100,000 of the loss, and the two cargo owners are each responsible for $25,000 of the loss.

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