Find Two Positive Numbers Whose Product Is and Whose

question 50

Multiple Choice

Find two positive numbers whose product is and whose sum is a minimum.

• A)6, 24
• B)2, 72
• D)3, 48

Understand and calculate financial ratios to measure liquidity, profitability, and efficiency.

Apply the concept of the financial control process including its significance and types.

Analyze the concept of project management and its techniques.

Distinguish between different types of control systems and their applications in business.

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Definitions:

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Amortization

The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Pure Endowment

An insurance policy where the insurer agrees to pay a specified sum of money at the end of a determined period on the condition that the insured is still alive.

Quasi-Endowment

Funds that are not permanently restricted under the terms of the gift but are designated by the governing board to function as an endowment, thus not easily expendable for general operations.