Liabilities equal approximately _____ of total assets for nonfinancial U.S. businesses.

A. 10%
B. 25%
C. 45%
D. 75%


C. 45%

Business

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Transfer pricing can influence operating efficiency and profitability

Indicate whether the statement is true or false

Business

In the life cycle theory of leadership, the optimal combination of leader behavior in the R2 stage is

A. delegating. B. selling. C. telling. D. negotiating. E. participating.

Business

The career-advancement strategy of being passionate about your work is closely tied in with

A) building your career around an area of expertise. B) developing a proactive personality. C) developing a code of professional ethics. D) projecting a professional image.

Business

James purchased liability insurance with a $100,000 limit from Insurer A. When Insurer A denied a claim that James thought should be covered, he bought a second liability insurance policy with a $150,000 limit from Insurer B

Before he cancelled the policy with Insurer A, a $60,000 loss occurred. If this loss is settled on a pro rata basis, how much must each insurer pay? A) Insurer A will pay $10,000 and Insurer B will pay $50,000. B) Insurer A will pay $20,000 and Insurer B will pay $40,000. C) Insurer A will pay $24,000 and Insurer B will pay $36,000. D) Insurer A will pay $40,000 and Insurer B will pay $20,000.

Business