An LLC is not liable for any injury caused by an LLC member while acting within the ordinary course of business of the LLC.
Answer the following statement true (T) or false (F)
False
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A company's income statement showed the following: net income, $124,000 and depreciation expense, $30,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
A. $178,000. B. $118,000. C. $159,200. D. $123,200. E. $148,800.
When two companies in entirely different industries combine, it is known as a ________
A) vertical merger B) horizontal merger C) product extension merger D) conglomeration E) market extension merger
Adjustment to new surroundings is easier if employees are sent to nations that are similar to their own.
Answer the following statement true (T) or false (F)
The basic purpose of calculating competitive strength scores for each of a diversified company's business units is to ________.
A. rank the business unit from best to worst in terms of potential for cost reduction and profit margin improvement. B. provide a quantitative measure of the overall market strength and competitive standing for each business unit. C. determine which business unit has the greatest number of resource strengths, competencies, and competitive capabilities and which one has the least. D. determine which one has the biggest market share and is growing the fastest. E. rank each business unit's strategy from best to worst.