Which of the following scholars presented an alternative transformational perspective that describes five exemplary practices of leadership?
A. Bennis and Nanus
B. Graen and Uhl-Bien
C. Gersey and Blanchard
D. Kouzes and Posner
D. Kouzes and Posner
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The statement of cash flows is separately in three major sections. They are as follows:
A) Operating, Investing, and Financing B) Revenues, Expenses, and Net Income C) Assets, Liabilities, and Owner's Equity D) Investments, Withdrawals, and Income
Rhonda has a 30% interest in the capital and profits of the ABC Partnership. In the first year of the partnership, 2019, it earned $150,000. However, the partners agreed that nothing would be distributed until after the end of March 2020, before Rhonda filed her 2019 tax return. The distributions were to be delayed because it was unclear as to whether business conditions would remain good in 2020. Things were going well in 2020 and therefore the partnership distributed $30,000 to Rhonda at the end of March, as a portion of her share of the partnership’s 2019 earnings. The partnership’s income for 2020 was $60,000. As a result, Rhonda must recognize $30,000 of gross income in 2019 and $18,000 in 2020.
Answer the following statement true (T) or false (F)
Pointe Corporation's balance sheet showed the following amounts for its liability accounts: Notes payable, $130,000; Bonds Payable, $800,000; Accrued Expenses, $20,000; and Deferred Income Tax Liability, $120,000. Total assets was $1,470,000. The debt to assets ratio is:
A) 0.27 B) 1.37 C) 0.65 D) 0.73
On a cost-volume-profit graph, the break-even point is where
A) the revenue line intersects the profit line B) the revenue line intersects the total cost line C) the fixed cost line intersects the variable cost line D) the contribution margin line intersects the fixed cost line E) all of these