A restaurant that features a serve-yourself buffet, which eliminates the need for a full wait staff, is using disintermediation

Which one of the following correctly defines the retention ratio?

A. one plus the dividend payout ratio B. addition to retained earnings divided by net income C. addition to retained earnings divided by dividends paid D. net income minus additions to retained earnings E. net income minus cash dividends

Table 10-3 presents an integer programming problem. What is the meaning of Constraint 2?

A) Both alternatives 1 and 2 must be selected. B) If alternative 2 is selected, alternative 1 must also be selected. C) Either alternative 1 or alternative 2 must be selected. D) No more than one alternative may be selected. E) None of the above