The current balance sheet of Sanders Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Sanders Inc is considering several financing possibilities in order to expand operations. If Sanders Inc's owner invests an additional $2 million to finance the expansion, the debt to equity ratio will
a. stay the same
b. decrease
c. increase
d. cannot be determined from this information.
b
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Which of the following criteria relates to consumers seeing the brand association as personally relevant to them?
A) deliverability B) authenticity C) desirability D) differentiability E) feasibility
Sonora Company borrowed $400,000 on a 1 . percent note payable to finance a new warehouse Sonora is constructing for its own use. The only other debt on Sonora's books is a $600,000, 1 . percent mortgage payable on an office building. At the end of the current year, average accumulated expenditures on the new warehouse totaled $475,000 . Sonora should capitalize interest for the current year in
the amount of a. $40,000. b. $47,500. c. $49,000. d. $52,250.
The performance management approach that requires managers to keep a record of specific examples of good/bad performance is the:
A. behaviorally anchored rating scale. B. graphic rating scale. C. critical incidents method. D. ranking method. E. MBO method.
A firm should develop a strategic plan before preparing a budget
Indicate whether the statement is true or false