Refer to the shipping costs for The Terra Cotta Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the total shipping costs are approximately ______.
a. $150,000
b. $950,000
c. $215,000
d. $425,000
a. $150,000
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Ravenshaw Corp. assigns its sales and marketing people to specific countries, regions, and districts. Ravenshaw Corp. is most likely an example of a ________
A) geographic organization B) product organization C) functional organization D) niche marketer E) mass marketer
A producer is not likely to receive ____ from an industrial distributor.
A. selling activities in local markets B. market information about consumers C. aggressive promotion of its brand D. reduced capital requirements E. a reduced financial burden from customers
Porter Inc. incurred a $20,000 expense only $13,400 of which was deductible. Which of the following is true?
A. If this transaction resulted in a permanent book/tax difference, it had no effect on the computation of Porter's tax expense per books. B. This transaction resulted in a $6,600 unfavorable difference between book income and taxable income. C. This transaction resulted in a $6,600 favorable difference between book income and taxable income. D. If this transaction resulted in a temporary book/tax difference, it had no effect on Porter's deferred tax accounts.
Which of the following statements is correct?
A. The weighted average cost of capital is calculated on a before-tax basis. B. The weights of debt and equity should be based on the balance sheet because this is the most accurate assessment of the valuation. C. An increase in the market risk premium is likely to increase the weighted average cost of capital. D. All of these choices are correct.