The linear programming model of the production mix problem only includes constraints of the less than or equal form

Indicate whether the statement is true or false


FALSE

Business

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On November 1, Greenfield Corporation borrowed $55,000 from a bank and signed a 12%, 90-day note payable in the amount of $55,000 . If you assume 360 days in year, the November 30 adjusting entry will be:

a. Debit Interest Expense $550 and credit Cash $550. b. Debit Discount on Notes Payable $1,100 and credit Interest Payable $1,100. c. Debit Interest Expense $550 and credit Interest Payable $550. d. Debit Interest Expense $550 and credit Notes Payable $550.

Business

Retail developers need to take into consideration legal aspects when they are evaluating different locations. Describe the main legal considerations.

What will be an ideal response?

Business

Which aspect of niche online social networks makes the medium most appealing to marketers?

A) They help marketers target the best undifferentiated market segment. B) They are used by a majority of Internet users in the United States and overseas. C) They cater to the needs of small communities of like-minded people. D) They guide organizations on how to set up social media networks. E) They allow marketers to control the conversations on the network.

Business

A balanced scorecard

a. records the variances between budgeted and actual revenues and expenses. b. can be used at multiple organizational levels by redefining the categories and measurements. c. is most concerned with organizational financial solvency and business processes. d. all of the above.

Business