All of the following are general causes that explain resistance to change except:
a. national culture factors
b. organizational factors
c. group factors
d. individual factors
a. national culture factors
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If a company's asset turnover ratio decreased from 2014 to 2015, which of the following conclusions can be made?
a. The company was more efficient during 2015 in using its assets to produce profits. b. The company produced less sales in 2015 for each dollar invested in assets. c. The company was less profitable in 2014. d. The company's average total assets decreased for relatively stable sales in 2014 and 2015.
A defendant who believes that he or she has been injured by the plaintiff can file a(n) ________ against the plaintiff.
A. writ of habeas corpus B. interpleader C. cross-complaint D. writ of certiorari
Firms with tangible long-term assets and predictable cash flows, such as electric utilities, tend to have balance sheets with a
a. high proportion of long-term debt (80% or more). b. low proportion of long-term debt (20% or less). c. high proportion of shareholders' equity (80% or more). d. high proportion of cash (80% or more). e. high proportion of retained earnings (80% or more).
The usual criterion for preparing consolidated financial statements is voting control in the form of majority ownership of common stock. However, for some entities common stock ownership does not indicate control because the common stock of the entity lacks one or more of the economic characteristics associated with equity. U. S. GAAP refers to such entities as a _____ entity
a. variable interest b. special interest c. thinly capitalized d. securitized financial e. nonsecuritized financial