Answer the following statement(s) true (T) or false (F)
1. A recently proposed theory of followership includes followership characteristics, leader characteristics, followership and leadership behaviors, and followership outcomes.
2. Followers can create contexts for the rise of destructive leaders.
3. According to Kelley’s model, a “star” follower is both active and dependent.
4. The “reversing the lens” theoretical framework highlights the impact of followers on the followership process.
5. A follower’s degree of activity or engagement has been one of the most consistent constructs to examine in multiple followership studies.
1. True
2. True
3. False
4. True
5. True
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Firms paying high capital costs are frequently unable to stay in a market in which the competition comes from a nation with low capital costs
Indicate whether the statement is true or false
What is the cash ratio as of December 31, 2019, for Phillips Company? (Round your answer to two decimal places.)
Phillips Company had the following financial data for the year ended December 31, 2019.
A) 0.28
B) 0.37
C) 0.45
D) 0.82
Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Customer ServedActual Total for OctoberRevenue $4,100$182,900Employee salaries and wages$42,300 $1,300$98,800Travel expenses $700$30,500Other expenses$31,500 $31,900When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget
for October would have been closest to: A. $2,500 U B. $23,000 F C. $2,500 F D. $23,000 U
Cash is money, but it's only one form of money. Businesses use a concept called cash equivalents. Briefly define cash and cash equivalents and identify the different forms of cash equivalents.
What will be an ideal response?