Having an entrepreneurial orientation toward the control of resources means:
A. that one focuses on accessing others' resources.
B. that one focuses on using a hierarchy management structure in allocating resources.
C. that one focuses on purchasing resources.
D. that one has a belief that resources are unlimited and therefore easy to obtain.
Answer: A
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Pettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
Balance Sheet (Millions of $) Assets2016 Cash and securities$ 1,554.0 Accounts receivable9,660.0 Inventories 13,440.0 Total current assets$24,654.0 Net plant and equipment 17,346.0 Total assets$42,000.0 Liabilities and Equity Accounts payable$ 7,980.0 Notes payable5,880.0 Accruals 4,620.0 Total current liabilities$18,480.0 Long-term bonds 10,920.0 Total liabilities$29,400.0 Common stock3,360.0 Retained earnings 9,240.0 Total common equity$12,600.0 Total liabilities and equity$42,000.0 Income Statement (Millions of $)2016 Net sales$58,800.0 Operating costs except depr'n$55,274.0 Depreciation$ 1,029.0 Earnings bef int and taxes (EBIT)$ 2,497.0 Less interest 1,050.0 Earnings before taxes (EBT)$ 1,447.0 Taxes$ 314.0 Net income$ 1,133.0 Other data: Shares outstanding (millions)175.00 Common dividends$ 509.83 Int rate on notes payable & L-T bonds6.25% Federal plus state income tax rate21.7% Year-end stock price$77.69 Refer to the data for Pettijohn Inc. What is the firm's equity multiplier? A. 3.33 B. 3.50 C. 3.68 D. 3.86 E. 4.05
?Which of the following statements is true?
A. Stockholders benefit when ?the price of the stocks they hold rises and lose when the price of the stocks they hold falls. B. ?Stockholders benefit when ?the price of the stocks they hold falls and lose when the price of the stocks they hold rises. C. ?Stockholders have the right to participate in the decision making of a company but are not entitled to dividend payments. D. ?Stockholders are entitled to dividend payments but do not have the right to participate in the decision making of a company.
Rotoscoping is used in a(n):
A) animation executional framework B) dramatization executional framework C) testimonial executional framework D) authoritative executional framework
In which country is safety, as a motive for buying cars, most relevant?
a. England b. Germany c. The Netherlands d. Italy