Climate, topography, and natural resources refer to environmental scanning.
Answer the following statement true (T) or false (F)
False
Environmental scanning looks at the external environmental forces to enable one to observe changes that might affect the firm.
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A facilitator usually focuses more on what a team is doing than on the team's process.
Answer the following statement true (T) or false (F)
Paul, a purchasing agent for Kiel Inc., has the authority to prevent salespersons from seeing the decision makers in his organization. Which of the following best describes Paul's position?
A) influencer B) decider C) gatekeeper D) buyer E) user
A misrepresentation is material if:
A) it would likely induce a reasonable person to enter into a transaction. B) it changes the price paid by the buyer. C) it is made knowingly. D) All of these.
On January 2, 20X2, Piranha Company acquired 70 percent of Salmon Corporation's common stock for $420,000 cash. At the acquisition date, the book values and fair values of Salmon' assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 30 percent of the total book value of Salmon. The stockholders' equity accounts of the two companies at the acquisition date are as follows: Piranha Salmon Common Stock ($10 par value)$600,000 $350,000 Additional Paid-In Capital 450,000 50,000 Retained Earnings 250,000 200,000 Total Stockholders' Equity$1,300,000 $600,000 Noncontrolling interest was assigned income of $15,000 in Piranha's consolidated income statement for 20X2.Based on the preceding information, what is the total stockholders'
equity in the consolidated balance sheet as of January 2, 20X2? A. $1,900,000 B. $1,300,000 C. $1,120,000 D. $1,480,000