Consider a corner point to a linear programming problem, which lies at the intersection of the following two constraints:
6X1 + 15X2 < 390
2X1 + X2 < 50
Which of the following statements about the corner point is TRUE?
A) X1 < 21
B) X1 > 25
C) X1 < 10
D) X1 > 17
A
You might also like to view...
Last year Central Chemicals had sales of $205,000, assets of $127,500, a profit margin of 5.3%, and an equity multiplier of 1.2. The CFO believes that the company could reduce its assets by $21,000 without affecting either sales or costs. Had it reduced its assets in this amount, and had the debt-to-assets ratio, sales, and costs remained constant, by how much would the ROE have changed?
A. 1.81% B. 2.02% C. 2.22% D. 2.44% E. 2.68%
All of the following items would appear on the balance sheet except
a. Dividends b. Common Stock c. Accounts Receivable d. Retained Earnings
Which of the following is recorded in the general journal?
A) rendering services for cash B) purchases of supplies on account C) rendering services on account D) closing entries
When should formal analyses be used?
What will be an ideal response?