Which of the following is not one of the alternative views of creativity?
a. Creativity as a trait
b. Creativity as a behavior
c. Creativity as a cognitive skill and ability
d. Creativity as a phase
d. Creativity as a phase
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Specific IT assets support an organization's strategic objectives
Indicate whether the statement is true or false
What is the source of Fitter Snacker's problems with Human Resources?
a. Inaccurate information c. Inconsistent information b. Out-of-date information d. All of the above
Which loans are some of the most expensive and least borrower-friendly loans available?
A) Consumer Loans B) High Interest Loans C) Consumer Product Loans D) Expense Driven Loan E) PMI Loans
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 return on total assets for Year 2 is closest to: A. 1.65% B. 2.76% C. 2.75% D. 1.64%