A negative balance for retained earnings due to cumulative net losses is called a(n)
A) ?deficit.
B) ?retained loss.
C) ?retained debit.
D) ?other comprehensive loss.
A
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Some who study it define organizational culture as:
A. How supportive the organization is of the visual and performing arts B. The morale and general optimism of those who work in the organization C. Documentation of how well managers and employees get along D. The shared meanings, common values, and norms of group members E. How interconnected and networked the internal publics are
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Increase = I Decrease = D No Effect = NA (Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element is offset by a decrease in that same element.)An adjusting entry recorded as a debit to Depreciation Expense and a credit to Accumulated Depreciation.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?
"Gary, a year ago I didn't believe that your setting up a performance competition among your division managers was going to be productive. I was wrong. All five divisions, including mine, turned in record profits. Now my staff are working incredibly well with staff from other divisions." Gary knows than an important part of building a cohesive and high-performing team is to
A. present a challenge from outside the team. B. use an autocratic style in leading the team. C. deemphasize social facilitation. D. build large teams. E. encourage groupthink among the division managers.
Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75% equity. The CFO believes the firm should use more debt, but the CEO is reluctant to increase the debt ratio. The risk-free rate, rRF, is 5.0%, the market risk premium, RPM, is 6.0%, and the firm's tax rate is 25%. Currently, the cost of equity, rs, is 11.5% as determined by the CAPM. What would be the estimated cost of equity if the firm used 60% debt? (Hint: You must first find the current beta and then the unlevered beta to solve the problem.)
A. 11.50% B. 12.50% C. 13.58% D. 14.77% E. 16.05%