Yolanda is writing a paper about the traits that made Martin Luther King a great leader. Yolanda is using which theory to underpin her paper?
A. authentic leadership
B. team development
C. great man theory
D. culture and leadership
C. great man theory
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A ________ is a restrictive provision in a bond indenture, providing for the systematic retirement of the bonds prior to their maturity
A) redemption clause B) sinking-fund requirement C) conversion feature D) subordination clause
Discuss the similarities or possible differences between the parol evidence rule under the common law of contracts and the parol evidence rule found in Article 2
Which of the following is a likely cause of the control chart pattern known as a "trend"?
a. Aging equipment b. Maintenance schedules c. New process operator d. Sudden power surge
Settles Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$142,000 $110,000 Accounts receivable, net 104,000 120,000 Inventory 119,000 120,000 Prepaid expenses 37,000 40,000 Total current assets 402,000 390,000 Plant and equipment, net 717,000 720,000 Total assets$ 1,119,000 $ 1,110,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$156,000 $180,000 Accrued liabilities 84,000 70,000 Notes payable, short term 66,000 60,000 Total current liabilities 306,000 310,000 Bonds payable 250,000 250,000 Total liabilities 556,000 560,000 Stockholders'
equity: Common stock, $4 par value 240,000 240,000 Additional paid-in capital 90,000 90,000 Retained earnings 233,000 220,000 Total stockholders' equity 563,000 550,000 Total liabilities & stockholders' equity$ 1,119,000 $ 1,110,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,360,000 Cost of goods sold 850,000 Gross margin 510,000 Operating expenses 462,692 Net operating income 47,308 Interest expense 19,000 Net income before taxes 28,308 Income taxes (35%) 9,908 Net income$ 18,400 Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's earnings per share for Year 2 is closest to: A. $0.31 per share B. $3.88 per share C. $0.47 per share D. $0.79 per share