Mountain Valley Winery Corporation's attempt to raise $1 million from a few select investors is
A. a shareholder agreement.
B. key-person insurance.
C. a private offering.
D. a public offering.
Answer: C
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A(n) ________ group is created to do something productive for the organization and is headed by a leader. For example, this group may be created to develop a new line of skin-care products specifically for people over the age of 60.
A. dynamic B. informal C. normative D. formal E. network
Native Dave's Consultants had the following balance sheet amounts at the beginning of the year: Total assets $400,000 Total owner's equity 150,000 During the year, total assets increased by $100,000 and total liabilities increased by $40,000 . The company also paid $30,000 in dividends. No other transactions occurred except revenues and expenses. How much is net income for the year?
a. $30,000 b. $60,000 c. $70,000 d. $90,000
Which of the following is a highly suspicious financial statement relationship?
a. Increased revenues with decreased inventory. b. Decreased production with decreased scrap. c. Increased revenues with increased receivables d. Decreased cost per unit with increased level of output
After reading Managing With Power, Jean-Claude now realizes that ______.
A. perceptions are reality B. every organization has varying interests and the leader needs to first diagnose the political landscape C. political skill is something you are born with D. political skill is not a leadership skill he needs at this time