For the shortest route problem described in Table M2-3, what is the distance for the shortest route?

A) 155 miles
B) 66 miles
C) 59 miles
D) 114 miles
E) None of the above


C

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Stabilizing speculation reinforces market forces by intensifying an appreciation or a depreciation in a currency's exchange value.

a. True b. False

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Which of the following is an advantage of enterprise resource planning (ERP) systems?

A) It is inexpensive to implement. B) It provides financial benefits only to small companies. C) It replaces separate software systems, such as sales and payroll. D) Its implementation requires a small commitment of time and people.

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Deacon Corporation has provided the following financial data from its balance sheet and income statement: Year 2Year 1Total assets$1,198,000 $1,160,000 Total liabilities$466,000 $460,000 Total stockholders' equity$732,000 $700,000 Net operating income (income before interest and taxes)$67,769    Interest expense$13,000    The company's equity multiplier at the end of Year 2 is closest to:

A. 0.64 B. 1.65 C. 0.61 D. 1.57

Business

________ models are usually more accurate than ________ models for medium-to-long-range forecasts.

A. Qualitative, time series B. Causal, time series C. Time series, causal D. Time series, qualitative

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