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NEW QUESTION 30
______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.
- A. Simulation
- B. Dynamic programming
- C. Linear programming
- D. Economic optimization
Answer: B
NEW QUESTION 31
An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be $22,500 and annual expenditures were to be $12,000.
Answer the question using a straight line depreciation and a 10% interest rate.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
Annual estimated tax would be:
- A. $10,500
- B. $5,565
- C. $3,869
- D. $11,925
Answer: B
NEW QUESTION 32 
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the range of estimated quantities?
- A. $48.22
- B. $26.78 to $75.00
- C. $485
- D. $45 to $530
Answer: D
NEW QUESTION 33
……
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