Which of the following combinations of constraints has no feasible region?
A) X + Y ? 15 and X - Y ? 10
B) X + Y ? 5 and X ? 10
C) X ? 10 and Y ? 20
D) X + Y ? 100 and X + Y ? 50
E) X ? -5
D
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Leverage is
a. the ability to earn a satisfactory return on the investments in the business. b. the proportion of debt to stockholders' equity. c. the ability to pay current debts when they come due. d. also called profit margin.
For manufacturing firms, the cost of completed products remains on the balance sheet as __________ assets until the firm sells the products; upon sale, the cost of the assets becomes a cost of goods sold expense
a. Direct Materials Inventory b. Work-in Progress Inventory c. Finished Goods Inventory d. Cost of Products Ready for Sale e. none of the above
Several examples of good, credible sources are: Wikipedia, the Encyclopedia, Newsweek Magazine, People Magazine, and Time Magazine
Indicate whether the statement is true or false
Which of the following measures of performance encourages continued expansion by an investment center so long as it is able to earn a return in excess of the minimum required return on average operating assets?
A. the contribution approach B. residual income C. transfer pricing D. return on investment