The final step in the career management process is
A. goal setting.
B. reality check.
C. action planning and follow-up.
D. feedback.
E. self-assessment.
Answer: C
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One possible explanation for a company that experiences a favorable labor efficiency variance, but an unfavorable labor rate variance could be:
a. The company paid the workers overtime. b. The company hired more experienced workers. c. The company purchased materials that were hard to work with. d. The workers "goofed around" and wasted time.
Hans plans to make his employees’ positions more complex by increasing their responsibilities, which in turn will increase their authority to accomplish their own tasks. He hopes that if he takes the time to enrich their positions, then they will be more satisfied with their jobs. Hans plans to use which job design tactic to increase motivation?
A. job purpose B. job enrichment C. job enlargement D. job rotation
Which statement about digital slide decks is most accurate?
A) Many business writers deliver their informal reports as digital slideshows, which are also called slide decks. B) Slide decks are more inviting to read than hard copies of informal reports. C) Slide decks are often used by individuals in marketing, technology, media, entertainment, and consulting. D) All answer choices are accurate statements about digital slide decks.
Tobia Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$201,000 $110,000 Accounts receivable, net 236,000 200,000 Inventory 158,000 190,000 Prepaid expenses 96,000 90,000 Total current assets 691,000 590,000 Plant and equipment, net 842,000 920,000 Total assets$1,533,000 $1,510,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$173,000 $150,000 Accrued liabilities 36,000 40,000 Notes payable, short term 88,000 90,000 Total current liabilities 297,000 280,000 Bonds payable 170,000 170,000 Total liabilities 467,000 450,000 Stockholders' equity: Common stock, $3 par
value 210,000 210,000 Additional paid-in capital 60,000 60,000 Retained earnings 796,000 790,000 Total stockholders' equity 1,066,000 1,060,000 Total liabilities & stockholders' equity$1,533,000 $1,510,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,410,000 Cost of goods sold 850,000 Gross margin 560,000 Operating expenses 525,077 Net operating income 34,923 Interest expense 16,000 Net income before taxes 18,923 Income taxes (35%) 6,623 Net income$12,300 Dividends on common stock during Year 2 totaled $6,300. The market price of common stock at the end of Year 2 was $1.78 per share.Required:a. What is the company's times interest earned ratio for Year 2?b. What is the company's debt-to-equity ratio at the end of Year 2?c. What is the company's equity multiplier at the end of Year 2?d. What is thecompany's earnings per share for Year 2?e. What is the company's price-earnings ratio for Year 2?f. What is thecompany's dividend payout ratio for Year 2?g. What is thecompany's dividend yield ratio for Year 2?h. What is the company's book value per share at the end of Year 2? What will be an ideal response?