When we solve a linear programming problem with Solver, we cannot guarantee that the solution obtained is an optimal solution

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The last security interest to be perfected is the first in priority over any other perfected security interests.

Answer the following statement true (T) or false (F)

Business

A holder who takes an instrument with notice of its dishonor cannot qualify as a holder in due course (HDC)

Indicate whether the statement is true or false

Business

On September 30, Waldon Co. has $540,250 of accounts receivable. Waldon uses the allowance method of accounting for bad debts and has an existing credit balance in the allowance for doubtful accounts of $13,750. 1. Prepare journal entries to record the following selected October transactions. The company uses the perpetual inventory system. a. Sold $305,000 of merchandise (that cost $178,500) to customers on credit.b. Received $395,100 cash in payment of accounts receivable.c. Wrote off $15,700 of uncollectible accounts receivable.d. In adjusting the accounts on October 31, its fiscal year-end, the company estimated that 4.0% of accounts receivable will be uncollectible.2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its October 31 balance sheet.

What will be an ideal response?

Business

Polygraphs may be used in positions involving public transportation

Indicate whether the statement is true or false

Business