The SBA's Microloan program provides short-term loans of up to $100,000 to small businesses for working capital or purchase of inventory.
Answer the following statement true (T) or false (F)
False
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A policy for term life insurance is also called ordinary or straight life insurance.
Answer the following statement true (T) or false (F)
Non-value-adding elements in a flow should be?
a. Managed/eliminated b. Ignored c. Both managed/eliminated and ignored d. Neither managed/eliminated nor ignored
The FTC may consider an act unfair if it simply violates public policy
a. True b. False Indicate whether the statement is true or false
A company sells two products with information as follows
A B Sales price per unit $12.00 $24.00 Variable cost per unit $10.00 $12.00 The products are machine made. Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour. The company has a maximum of 6,000 machine hours available per month. The company can sell up to 18,000 units of product A per month, and up to 3,000 units of product B for the month. What is the optimum product mix to maximize company's operating income? A) 1,500 units of A and 72,000 units of B B) 18,000 units of A and 3,000 units of B C) zero units of A and 3,000 units of B D) 36,000 units of A and zero units of B