The letter of transmittal
A) may follow the direct or indirect plan.
B) has a more formal style than the report itself.
C) is usually included as an appendix.
D) should be written in an informal tone.
E) is never written as a memo.
Answer: A
Explanation: A) The style of the letter of transmittal can use either the indirect or the direct approach, depending on the nature and needs of the report's audience.
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Financial statements for Maraby Corporation appear below:Maraby CorporationBalance SheetDecember 31, Year 2 and Year 1(dollars in thousands) Year 2Year 1Current assets: Cash and marketable securities$220 $190 Accounts receivable, net 190 160 Inventory 140 150 Prepaid expenses 70 80 Total current assets 620 580 Noncurrent assets: Plant & equipment, net 1,180 1,150 Total assets$ 1,800 $ 1,730 Current liabilities: Accounts payable$100 $120 Accrued liabilities 100 70 Notes payable, short term 160 160 Total current liabilities 360 350 Noncurrent liabilities: Bonds payable 450 500 Total liabilities 810 850 Stockholders' equity:
Common stock, $5 par 160 160 Additional paid-in capital 200 200 Retained earnings 630 520 Total stockholders' equity 990 880 Total liabilities & stockholders' equity$ 1,800 $ 1,730 Maraby CorporationIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)Sales (all on account)$1,960 Cost of goods sold 1,370 Gross margin 590 Selling and administrative expense 230 Net operating income 360 Interest expense 50 Net income before taxes 310 Income taxes (30%) 93 Net income$ 217 Maraby Corporation's working capital (in thousands of dollars) at the end of Year 2 was closest to: A. $360 B. $990 C. $260 D. $620
According to the integrative model of organizational behavior, motivation, trust, justice, and ethics are
A. individual mechanisms. B. group mechanisms. C. organizational mechanisms. D. individual outcomes. E. group outcomes.
________ help drivers navigate while transporting materials and keep managers in touch with their transportation fleets
A) EDI systems B) Wireless scanners C) GPS devices D) RFID chips
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Answer the following statement true (T) or false (F)