The more participative strategic leaders who encourage participation and empowerment are usually better and more effective CEOs.

a. true
b. false


b. false

Business

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Postpurchase services include shipping and delivery, gift wrapping, adjustments and returns

Indicate whether the statement is true or false

Business

On its issuance date, which Treasury security has a maturity of one year or less?

A) Bonds B) Notes C) Bills D) Mortgages

Business

The following balance sheet information is provided for Duke Company for Year 2:     Assets   Cash$7000? Accounts receivable 13,150? Inventory 15,500? Prepaid expenses 2300? Plant and equipment, net of depreciation 20,200? Land 14,100? Total assets$72,250? Liabilities and stockholders' Equity   Accounts payable$3210? Salaries payable 7530? Bonds payable (due in ten years) 15,500? Common stock, no par 13,000? Retained earnings 33,010? Total liabilities and stockholders' equity$72,250?   What is the company's current ratio? (Round your answer to 2 decimal places.)

A. 1.88 B. 0.77 C. 3.53 D. 1.36

Business

Nicole holds three stocks in her portfolio: A, B, and C. The portfolio beta is 1.40. Stock A comprises 15 percent of the dollar value of her holdings and has a beta of 1.0 If Nicole sells all of her investment in A and invests the proceeds in the risk-free asset, her new portfolio beta will be ________.

A) 0.60 B) 0.88 C) 1.00 D) 1.25

Business