The Constraint X₁ + X₂ + X₃ + X₄ $\le$ 2 Means That Two Out of the First Four Projects

question 39

True/False

The constraint x₁ + x₂ + x₃ + x₄ $\le$ 2 means that two out of the first four projects must be selected.

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Definitions:

Tax Liability

The total amount of tax owed to governmental authorities, based on income, property value, transactions, or other taxable events.

Earnings Before Interest And Taxes (EBIT)

A measure of a firm’s performance without regard to how it is financed.

Net Working Capital

A measure of a company's liquidity, calculated as the difference between its current assets and current liabilities.

Total Equity

The financial value representing the amount of money that would be returned to shareholders if all the assets were liquidated and all the company's debts were paid off.