To build a strong relationship with Alva, Sam realizes that he must make himself known to her by revealing personal information. To be effective with self-disclosure, Sam should
A. share facts instead of feelings.
B. wait for Alva to take the first initiative for self-disclosure.
C. speak openly and transparently without hidden agendas.
D. focus on the past rather than the present.
Answer: C
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If a 20-year bond pays interest of 8 percent semiannually, the present value of the bond is calculated based upon (1 ) 4 percent and 40 periods for the interest, and (2 ) 8 percent and 20 periods for the face amount of the bond
Indicate whether the statement is true or false
Flitter reported net income of $17,500 for the past year. At the beginning of the year the company had $200,000 in assets and $50,000 in liabilities. By the end of the year, assets had increased to $300,000 and liabilities were $75,000. Calculate its return on assets:
A. 23.3%. B. 8.8%. C. 35.0%. D. 5.8%. E. 7.0%.
What is the primary criterion for the preparation of managerial accounting reports?
A) Relevance of the reports B) Meet the manager needs C) Timing of the reports D) Cost of the reports
The accounts receivable turnover is calculated by dividing ________ by ________.
What will be an ideal response?