Explain how degeneracy is recognized when using the simplex algorithm
What will be an ideal response?
when two rows tie for the smallest ratio
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The rate earned on total common stockholders' equity for most thriving businesses will be higher than the rate earned on total assets
Indicate whether the statement is true or false
An advantage of the deductive organization of good- or neutral-news messages is that it helps receivers save time because they can understand the important idea and then move rapidly through the details
Indicate whether the statement is true or false
Neon orders one thousand 25-foot nylon ropes from Hang'em High Co Upon inspection of the delivery, Neon learns that Hang'em sent five hundred 25-foot ropes and five hundred 20-foot ropes. Neon may
a. demand that Hang'em send 500 additional 25-foot ropes and get to keep the 20-foot ropes as well. b. accept the 500 conforming ropes and reject the 500 nonconforming ropes. c. seek an installment contract. d. immediately "cure" by finding a substitute product.
Sally and Tom decide to go into business, selling discounted merchandise through their Web site "e-Buy." They sign a partnership agreement that requires Sally to contribute $12,000 and Tom to contribute $8,000 in capital to start the firm. The agreement
also states that only Sally will have the authority to bind the partnership in deals with third parties, but the agreement says nothing about the management of the firm or a division of profits. Without Sally's knowledge, Tom tells United Computer Products, Inc, that he represents the firm and signs a contract with United to buy hard drives for resale on e-Buy. In the first year, e-Buy makes a profit of $50,000 . What are the partners' rights with respect to the management of the firm? Is the partnership bound to the contract with United? Do the partners split the first year's profits? If so, how much is each entitled to?