Who was criticized for being "Chicken Little" and "not a team player"?
a. Charles Jones
b. John Lavery
c. Jerome LiCari
d. Nils Hoyvald
.C
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Operating assets equals:
a. cash, accounts receivable, and equipment. b. current assets plus tangible assets. c. total assets minus intangible assets. d. only long-term assets. e. only current assets.
Pick the best set of adjectives that may be positively associated with creativity.
A) Self-confident, commonplace, resourceful B) Overconfident, suspicious, humorous C) Original, clever, reflective D) Affected, commonplace, capable
Last year the return on total assets in Justin Company was 8.5%. The total assets were $2,900,000 at the beginning of the year and $3,100,000 at the end of the year. The tax rate was 30%, interest expense totaled $110,000, and sales were $5,200,000. Net income for the year was:
A) $145,000 B) $222,000 C) $332,000 D) $178,000
Graphical analysis of the balance sheet can be useful in assessing sources of financing.
Answer the following statement true (T) or false (F)