Solve the following linear program graphically. Max 5X + 7Y s.t. X ? 6 2X + 3Y ? 19 X + Y ? 8 X, Y ? 0
What will be an ideal response?
From the graph below, we see that the optimal solution occurs at X = 5, Y = 3, and Z = 46.
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Organizations that are formed to offer services to clients and not make a profit are ____, whereas, ________ are those organizations that are formed to make money, or profits, by offering products or services.
A. for-profit organizations; nonprofit organizations B. unions; associations C. nonprofit organizations; associations D. co-ops; for-profit organizations E. nonprofit organizations; for-profit organizations
A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for$25,000 representing a gain of $4,500 . The value in the operating activities section regarding this event would be
a. $25,000 b. $(4,500) c. $29,500 d. $4,500
If the indirect method is used to prepare a statement of cash flows, which of the following would be added to net income to arrive at net cash flows from operating activities?
A) Decrease in accrued liabilities. B) Decrease in income taxes payable. C) Decrease in accounts receivable. D) Increase in prepaid expenses.
The profit center income statement should include only revenues and expenses that are controlled by the manager
Indicate whether the statement is true or false