Manipulations is a major AI research area under ________.
A. robotics
B. machine learning
C. planning
D. natural language processing
E. knowledge representation
Answer: A
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Soledad and Winston are partners who share income in the ratio of 1:3 and have capital balances of $100,000 and $140,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $130,000. What amount of loss on realization should be allocated to Winston?
A) $110,000 B) $97,500 C) $42,500 D) $82,500
Your corporation has a marginal tax rate of 35% and has purchased preferred stock in another company. The before-tax dividend yield on the preferred stock is 8.75%. What is the company's after-tax return on the preferred, assuming a 70% dividend exclusion? (Round your final answer to two decimal places.)
A. 9.63% B. 7.83% C. 5.95% D. 7.20% E. 9.55%
What general points would you give a fellow manager regarding the use of the different conflict resolution approaches?
What will be an ideal response?
Financial statements for Narstad Corporation appear below:Narstad CorporationBalance SheetDecember 31, Year 2 and Year 1(dollars in thousands) Year 2Year 1Current assets: Cash and marketable securities$100 $100 Accounts receivable, net 220 190 Inventory 190 180 Prepaid expenses 10 20 Total current assets 520 490 Plant & equipment, net 1,940 1,940 Total assets$2,460 $2,430 Current liabilities: Accounts payable$150 $150 Accrued liabilities 90 70 Notes payable, short term 100 150 Total current liabilities 340 370 Bonds payable 310 300 Total liabilities 650 670 Stockholders' equity: Common stock, $2 par 180 180 Additional paid-in capital 330 330 Retained
earnings 1,300 1,250 Total stockholders' equity 1,810 1,760 Total liabilities & stockholders' equity$2,460 $2,430 Narstad CorporationIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)Sales (all on account)$1,770 Cost of goods sold 1,230 Gross margin 540 Selling and administrative expense 210 Net operating income 330 Interest expense 30 Net income before taxes 300 Income taxes (30%) 90 Net income$210 Narstad Corporation's debt-to-equity ratio at the end of Year 2 was closest to: A. 0.36 B. 0.17 C. 0.50 D. 0.19