Answer the following statement(s) true (T) or false (F)
1. Alan Mulally, CEO of Ford, developed a plan and vision which he called “One Ford.” The One Ford plan called for uniting the independent Ford divisions into a truly unified company that used standardized parts for a much smaller number of brands and models.
2. Transformational leaders use intellectual stimulation when they inspire others by providing meaning and challenge to their work.
3. A study of U.S. West Point cadets found that intellectual stimulation was the only dimension of transformational leadership that was important to leading change. These results make sense because intellectual stimulation is the dimension most concerned with change.
4. lthough transformational leadership is positively related to individual performance, it did not augment the ability to explain individual performance over the amount due to contingent rewards.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
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During its first year of operations a company recorded accrued expenses totaling $250,000 for book purposes. For tax purposes, $100,000 of the expenses are deductible during the first year of operations and $150,000 are deductible during the second year of operations. The income tax rate for both years is 45%. The balance sheet at the end of the first year of operations will report a deferred tax:
A. asset of $67,500. B. liability of $45,000. C. asset of $100,00. D. liability of $67,500.
Identify and describe the three product strategies a company entering a foreign market can use
What will be an ideal response?
Hillary's Restaurant has the following information available regarding last year's operations: Sales $900,000 Variable costs 300,000 Contribution margin 600,000 Fixed costs 175,000 Net operating income $425,000 The company's operating leverage was:
A) 0.71. B) 1.50. C) 2.12. D) 1.41.
Firms A and B have the same current ratio, 0.75, the same amount of sales, and the same amount of current liabilities. However, Firm A has a higher inventory turnover ratio than B. Therefore, we can conclude that A's quick ratio must be smaller than B's.
Answer the following statement true (T) or false (F)