To determine an unstated interest rate, divide the future amount by the present value then divide by the number of periods
Indicate whether the statement is true or false
False
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To be a formal leader, one must
a. Be officially designated by the organization b. Have a higher-level degree than other employees c. Have androgynous traits d. Extensive leadership training
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $330,000 and Total Liabilities of $25,500 and Total Paid-in capital of $102,000. During the year, the company reported total revenues of $391,000 and expenses of $302,500. Also, dividends during the year totaled $78,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
A. $210,000. B. $213,000. C. $207,000. D. $334,500. E. $288,000.
When a firm wants to gather information on the potential reaction to a new policy or idea, how can a manager collect information?
A) Through intrapreneuring B) Through social media monitoring C) By utilizing the company grapevine D) By utilizing the informal chain of command E) By organizing new reporting relationships
Russell works on two tables in Microsoft Access. One is for contractual employees, whereas,the other is for permanent employees. He creates a relationship between the two tables. Which ofthe following steps should Russell take next?
A) create macros B) enter data C) provide table descriptions D) create queries