When formulating a goal programming model, the decision maker will use decision variables similar to those used in regular linear or nonlinear programming models. In goal programming models, these variables are known as functional variables

Wang Securities had a long-term stable debt-to-equity ratio of 0.65. Recent bank borrowing for expansion into South America raised the ratio to 0.75. The increased leverage has what effect on the asset beta and equity beta of the company?

a. The asset beta and the equity beta will both rise. b. The asset beta will remain the same and the equity beta will rise. c. The asset beta will remain the same and the equity beta will decline.

When considering income tax issues which of the following relates to the phrase two of the last five years?

a. Home office deduction b. 550,000 exemption c. 250,000 exemption d. Interest deduction