As the leader’s roles are changing, employees are increasingly expected to understand strategic and financial issues.
a. true
b. false
a. true
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Sweden's smaller population explains why IKEA, Saab, and Ericsson have looked beyond their borders for significant growth opportunities
Indicate whether the statement is true or false
Anole Company was incorporated as a new business on January 1, 2016 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2016, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year
ended December 31, 2016, was $375,000. Refer to the information about Anole Company. The amount of Anole's total contributed capital at December 31, 2016, is a. $60,000. b. $120,000. c. $180,000. d. $555,000.
Emily had an excellent year as a salesperson in 2011, earning $97,000. She paid $37,000 for necessities such as mortgage, food, and clothing. Her state and federal income taxes totaled $24,000. What was her discretionary income?
A. $60,000 B. $36,000 C. $73,000 D. $97,000 E. There is not enough data provided to calculate her discretionary income.
The arbitrary approach to setting an advertising budget often results in inappropriate spending of the firm's resources.
Answer the following statement true (T) or false (F)