Malika does not think any ideas from the group she is meeting with are any good and has objected to almost all of the other participants’ solutions. Malika is a
a. blocker.
b. dominator.
c. attacker.
d. clown.
a. blocker.
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Mintzberg’s critique of strategic planning proposed that it was founded on which of the following flawed assumptions?
a. Formalization b. Detachment c. Division of labour d. All of the above
Other things held constant, if the expected inflation rate decreases and investors also become more risk averse, the Security Market Line would be affected as follows:
A. The y-axis intercept would decline, and the slope would increase. B. The x-axis intercept would decline, and the slope would increase. C. The y-axis intercept would increase, and the slope would decline. D. The SML would be affected only if betas changed. E. Both the y-axis intercept and the slope would increase, leading to higher required returns.
A portion of Lapore Corporation's Balance Sheet appears below:Liabilities and Stockholders' EquityYear 2Year 1Current liabilities: Accounts payable$209,000 $200,000 Accrued liabilities 27,000 30,000 Notes payable, short term 94,000 90,000 Total current liabilities 330,000 320,000 Bonds payable 280,000 280,000 Total liabilities 610,000 600,000 Stockholders' equity: Common stock, $4 par value 360,000 360,000 Additional paid-in capital 70,000 70,000 Retained earnings 589,000 570,000 Total stockholders' equity 1,019,000 1,000,000 Total liabilities & stockholders' equity$1,629,000 $1,600,000 The company's debt-to-equity ratio at the end of Year 2 is closest to:
A. 0.27 B. 0.37 C. 0.39 D. 0.60
Panther Trust has net accounting income and distributable net income of $100,000, $75,000 from taxable sources and $25,000 from tax-exempt sources. During the year, the trust makes a mandatory distribution to Julius and Steve of $50,000 each. The distribution deduction is
A) $25,000. B) $50,000. C) $75,000. D) $100,000.