During her performance review, Kendra's manager listened to her goals for her career and then repeated them back to her. This is an example of the listening skill known as
A) decoding.
B) encoding.
C) transmission.
D) reflection.
E) filtering.
D) reflection.
A basic technique called reflection will help a manager listen effectively. Reflection is a process by which a person states what he or she believes the other person is saying.
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The current ratio of a firm would be decreased by which of the following?
A) Inventories are sold for cash. B) Land held for investment is sold for cash. C) Equipment is purchased, financed by a long-term debt issue. D) Inventories are sold on a long-term credit basis.
In the context of balance sheets, which of the following is a difference between liabilities and owners' equity?
A. Liabilities refer to the claims internal stakeholders have against the external stakeholders, whereas owners' equity refers to claims external stakeholders have against the internal stakeholders. B. Liabilities indicate the claims outsiders have against the firm's assets, whereas owners' equity refers to the claims the owners have against their firm's assets. C. Owners' equity indicates the claims internal stakeholders have against the firm's assets, whereas liabilities refer to the claims external stakeholders have against the firm's assets. D. Owners' equity indicates the claims outsiders have against the firm's assets, whereas liabilities refer to the claims the owners have against their firm's assets.
Lambert Manufacturing has $100,000 to invest in either Project A or Project B. The following data are available on these projects (Ignore income taxes.): Project AProject BCost of equipment needed now$100,000 $60,000 Working capital investment needed now - $40,000 Annual cash operating inflows$40,000 $35,000 Salvage value of equipment in 6 years$10,000 - Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Both projects will have a useful life of 6 years and the total cost approach to net present value analysis. At the end of 6 years, the working capital investment will be released for use elsewhere. Lambert's required rate of return is 14%.The net present value of Project B is:
A. $76,115 B. $36,115 C. $90,355 D. $54,355