Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the number of units shipped from Chattanooga to Newark is ______.
a. 527
b. 200
c. 243
d. 433
b. 200
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Which of the following is NOT a defamation defence?
A) innocent dissemination B) absolute privilege C) fair comment D) freedom of speech E) public interest responsible communication
Neef Corporation has provided the following financial data from its balance sheet and income statement: Year 2Year 1Total assets$1,302,000 $1,330,000 Total stockholders' equity$885,000 $880,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,420,000 Cost of goods sold 890,000 Gross margin 530,000 Operating expenses 493,000 Net operating income 37,000 Interest expense 17,000 Net income before taxes 20,000 Income taxes (35%) 7,000 Net income$ 13,000 The company's gross margin percentage for Year 2 is closest to:
A. 37.3% B. 59.6% C. 4076.9% D. 2.5%
Which of the following statements about the break-even point (BEP) is true?
A. The firm's total cost will equal its total revenue. B. The firm's total revenue will equal its variable costs. C. The firm's total sales will equal its total production. D. The firm's total variable costs equal its total fixed cost. E. The firm's total profits will equal its total cost.
Allen Lee, a Chinese immigrant, would like to start a wholesale furniture business in the United States. He has contacts in the furniture production business in China and feels he can leverage these contacts to purchase inexpensive, high-quality furniture to sell in his stores in the United States. He calls one of his contacts and after extensive negotiation, makes a deal: he will buy the Chinese furniture to sell wholesale in the United States to retail furniture businesses. What is the business relationship between Allen and his Chinese contact?
A. Allen is the licensee and the contact is the licensor. B. Allen is an importer and the contact is an exporter. C. Allen and his contact have a joint venture. D. Allen and his contact have a strategic alliance.