If a firm is projected to increases revenues by 10% AND net income by the same amount, which of the following must be TRUE?
A) There can be no variable costs.
B) There can be no fixed costs
C) There can be no taxes.
D) The change in expenses must be exactly equal to the change in revenues.
B
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A project life span is
A) a progression through a series of differing stages of project development. B) the total of the phases through which a project passes from the time it is initially conceived until the time it is either in use as a success or abandoned as a failure. C) often used to explain changes in project strategic decision priorities, changes in project strategic outlook, and their effect on organizational structure and perceptions of organizational effectiveness criteria. D) all of the above.
Given two statistically dependent events (A,B), the conditional probability of P(A|B) = P(B)/P(AB)
Indicate whether the statement is true or false