A change capable organization ________.
A. links the present and the future
B. discourages diverse teams
C. discourages mavericks
D. follows its competitor's footsteps
Answer: A
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Two barriers to discovering vocation are ______.
A. forgetfulness and avoidance B. anger and pride C. ambition and avoidance D. time pressures and lack of guidance
The business form that is equivalent to the personal statement of financial position is the balance
sheet. Indicate whether the statement is true or false
Supply chains start with the producer.
Answer the following statement true (T) or false (F)
Exhibit 4-1Given the following information for Blue Bell Company for last year:
Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: ? ? January 1 $1,800,000 ? December 31 2,400,000 Shareholders' equity (all common): ? ? January 1 1,500,000 ? December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: ? ? January 1 200,000 ? December 31 180,000 Inventory: ? ? January 1 210,000 ? December 31 250,000 ? ? Refer to Exhibit 4-1. Blue Bell's accounts receivable turnover for the year was A. 2.2 times B. 26.0 times C. 27.4 times D. 28.9 times