Pablo has the ability to understand and apply information with which to contribute to his organization's overall strategic plan. This is the SHRM HR competency of:
A) communication
B) critical evaluation
C) business acumen
D) leadership & navigation
Answer: C
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The current balance sheet of Handyman Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Handyman Inc is considering several financing possibilities in order to expand operations. What is the additional amount that Handyman Inc can borrow and not exceed a debt to equity ratio of 0.3?
a. $5.4 million b. $3.4 million c. $5.5 million d. $4.0 million
The principle of normal trade relations (most-favored-nation) treatment was established with the passage of the
a. Fordney-McCumber Act of 1922. b. Smoot-Hawley Act of 1930. c. Reciprocal Trade Agreements Act of 1934. d. Trade Act of 1974.
Which of the following is a noncash transaction that should be disclosed in a schedule accompanying the statement of cash flows?
a. Sale of an investment for cash b. Purchase of a machine for cash c. Issuance of common stock in exchange for land d. Declaration and payment of a cash dividend on common stock
The SBA's primary business loan program is:
A. the Microloan. B. the SBIR. C. the 504. D. the 7(a) loan.