In a linear programming problem, a valid objective function can be represented as:
A) Max Z = 5xy
B) Max Z 5x2 + 2y2
C) Max 3x + 3y + 1/3 z
D) Min (x1 + x2) / x3
Answer: C
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The accounting entry for work done to equipment that does not increase the usefulness of equipment includes
a. debiting Repair Expense and crediting Equipment; b. debiting Cash and crediting Equipment; c. debiting Equipment and crediting Cash or a liability account; d. debiting Repair Expense and crediting Cash or a liability account; e. debiting Equipment and crediting Purchases.
As manager of a sales territory, a salesperson is responsible for providing solutions to customers' problems.
Answer the following statement true (T) or false (F)
Assume that a 3-year Treasury note has no maturity premium, and that the real, risk-free rate of interest is 3 percent. If the T-note carries a yield to maturity of 13 percent, and if the expected average inflation rate over the next 2 years is 11 percent, what is the implied expected inflation rate during Year 3??
A. ?7% B. ?8% C. ?9% D. ?17% E. ?18%
Mary works in the public relations department of New Trends Sales Company. Her job includes portraying New Trends's activities in their best light. In this context, ethics consist of? A)?a different set of principles from those that apply to other activities
B)?the same moral principles that apply to non-business activities. C)?those principles that produce the most favorable financial outcome. D)?whatever saves New Trends's "face."