Our emergency room medical team has clear tasks for each member, a code of conduct we implement each day, and a group that functions well together. Our team is displaying which characteristic of team excellence?
A. clear, elevating goal
B. results-driven structure
C. collaborative climate
D. principled leadership
B. results-driven structure
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______ leaders care for the welfare of subordinates at the expense of organizational goals.
A. Supportive/disloyal B. Tyrannical C. Callous D. Derailed
Michigan-based Leo Corporation acquired 100 percent of the common stock of a British company on January 1, 20X8, for $1,100,000. The British subsidiary's net assets amounted to 500,000 pounds on the date of acquisition. On January 1, 20X8, the book values of its identifiable assets and liabilities approximated their fair values. As a result of an analysis of functional currency indicators, Leo determined that the British pound was the functional currency. On December 31, 20X8, the British subsidiary's adjusted trial balance, translated into U.S. dollars, contained $17,000 more debits than credits. The British subsidiary reported income of 33,000 pounds for 20X8 and paid a cash dividend of 8,000 pounds on October 25, 20X8. Included on the British subsidiary's income statement was
depreciation expense of 3,500 pounds. Leo uses the fully adjusted equity method of accounting for its investment in the British subsidiary and determined that goodwill in the first year had an impairment loss of 25 percent of its initial amount. Exchange rates at various dates during 20X8 follow: January 11£=$2.10 October 251£= 2.25 December 311£= 2.20 Average for 20X81£= 2.21 Based on the preceding information, what amount should Leo record as "income from subsidiary" based on the British subsidiary's reported net income? A. $69,300 B. $52,500 C. $72,600 D. $72,930
A random sample of 53 observations was taken. The average in the sample was 90 with a variance of 400
a. Construct a 98% confidence interval for ?. b. Construct a 99% confidence interval for ?. c. Discuss why the 98% and 99% confidence intervals are different. d. What would you expect to happen to the confidence interval in Part a if the sample size was increased? Be sure to explain your answer.
All of the following are considered new trading strategies, except
A. algorithmic trading. B. high frequency trading. C. dark pools. D. short selling.