With a more refined application of PERT, the optimistic, pessimistic, and most probable times should be based on
a. Bureau of Labor Statistics estimates.
b. the intuition of someone new to the task.
c. the intuition of a well-experienced worker.
d. a frequency distribution of estimates.
Ans: d. a frequency distribution of estimates.
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Which of the following describes a seasoned offering?
A) any shares traded in the secondary market are seasoned offerings B) an IPO of common stock for a well-known firm C) an additional equity issue from a publicly traded firm D) an IPO that is offered during the best buying season
The net marketing contribution for Doldrum Inc. is $600 million and its total assets are worth $2 billion. The other expenses, including interest and taxes, amount to $400 million. Calculate the company's return on assets
A) 5% B) 10% C) 15% D) 20% E) 25%