Which of the following is a situation in which ? (i.e., the less-than-or equal-to sign) must be used?
a. When a constraint represents the usage of available labor hours
b. When a constraint indicates thatthe manager wants to produce at least the ordered amount for a certain product
c. When a constraint indicates that the manager should not exceed the machine hours available
d. All of the above
C
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The following is divisional information for Falcon Enterprises
East Division West Division Operating income $250,000 $200,000 Net sales 2,225,000 1,575,000 Total assets at Jan. 1 1,500,000 840,000 Total assets at Dec .31 1,200,000 1,000,000 The target rate of return is 12% for the East Division and is 10% for the West Division. Compute residual income for each division. What will be an ideal response
Which of the following statements is true of bond prices?
A) A fall in bond prices causes interest rates to fall. B) A fall in interest rates causes a fall in bond prices. C) A rise in interest rates causes bond prices to fall. D) Bond prices and interest rates are not connected.