The constraint (x1 + x2 + x3 + x4 = 2) means that ________ out of the ________ projects must be selected. A) exactly 1, 2
Assume that we are using 0-1 integer programming model to solve a capital budgeting problem and xj = 1 if project j is selected and xj = 0, otherwise.
B) exactly 2, 4
C) at least 2, 4
D) at most 1, 2
Answer: B
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Changes in account balances of Multi-Plus Inc during 2012 were: Increase Assets $420,000 Liabilities 125,000 Capital Stock 100,000 Additional Paid-In Capital 140,000 Retained Earnings ? Assuming that there were no charges to retained earnings other than dividends of $62,000, the net income for 2010 was:
a. ($7,000) b. $55,000 c. $117,000 d. $257,000 e. none of the answers are correct
Answer the following statements true (T) or false (F)
The American Accounting Association was originally called the American Society of Certified Public Accountants.
Esme Inc., a manufacturer of cosmetics, ran an ad campaign in which it claimed that Esme's "Vivid" range of water-proof mascara is the best mascara in the world. It also claimed that the mascara gives 10 times more volume to the eyelashes and provides more definition to the eyes than any other mascara brand. This scenario is an illustration of
A. unfairness. B. puffery. C. deception. D. unethical advertising. E. superlative advertising.
What do the letters of the acronym MBTI represent?
A. the Multiple Briggs Typology Indicator B. the Multidimensional Behavior Trait Indicator C. the Myers-Briggs Type Indicator D. the Multiphasic Behavior Type Indicator