The reduced cost (shadow price) for a positive decision variable is ________

Indicate whether this statement is true or false.


Answer: zero

Business

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Ari's Cafe began operations on March 1, 2015 . The corporate charter authorized the issuance of 3,000 shares of $2 par value common stock and 1,000 shares of $3 par value, 8% cumulative preferred stock. The company's fiscal year ends on February 28 . Ari's sold 500 shares of common stock at $6 per share on April 1 . What impact does the entry to record the April 1 transaction have on total

stockholders' equity? a. No effect b. Increase by $1,000 c. Increase by $3,000 d. Increase by $6,000

Business

A retailer's return on assets equals 5 percent. Its financial leverage is 4 . What is its return on net worth?

a. 10 percent b. 16 percent c. 20 percent d. The answer cannot be determined from the information provided

Business

In the context of knowing the audience in a presentation, which of the following is a difference between lawyers and doctors?

A) ?Doctors make quick purchasing decisions, whereas lawyers are skeptical. B) ?Doctors think quickly, whereas lawyers do not make quick purchasing decisions. C) ?Lawyers are cautious, whereas doctors are decisive. D) ?Lawyers are argumentative, whereas doctors are skeptical.

Business

?Which of the following scenarios involves the distribution element of the marketing mix?

A. ?Deciding whether or not a certain product should continue to be sold B. ?Determining whether an advertising message would be more effective on television or in magazines C. ?Choosing between a company jet or the airlines for executive travel D. ?Deciding whether or not to have retail outlets in addition to a website E. ?Developing a new warranty policy for an existing product

Business