What is the usefulness of a shadow price (or dual value)?
What will be an ideal response?
Shadow prices are found in sensitivity analysis of linear programming solutions. For a constraint, the shadow price indicates how much the objective function would change if more (or less) of that constraint's resource were added.
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Which of the following is a requirement to work as an entry-level Criminal Investigation special agent for the IRS?
a. completion of at least two years of college b. completion of at least 9 semester hours in accounting at the college level c. completion of at least 15 semester hours of college level courses in finance, economics, business law, ta law or money & banking. d. be thirty-seven years of age or younger
Prior to the sale of an asset, depreciation should be updated and recorded
Indicate whether the statement is true or false
No meeting should be called unless the topic is important, can't wait, and requires an exchange of ideas
Indicate whether the statement is true or false
Bryant, Inc provides the following data
2017 2016 Cash $47,000 $25,000 Accounts Receivable, Net 100,000 62,000 Merchandise Inventory 75,000 50,000 Property, Plant, and Equipment, Net 182,000 120,000 Total Assets $404,000 $257,000 Additional information: Net Credit Sales $530,000 Cost of Goods Sold 170,000 Interest Expense 20,000 Net Income 185,000 Calculate the rate of return on total assets for 2017. (Round your answer to two decimal places.) A) 45.79% B) 62.03% C) 71.98% D) 50.74%