Faultless, Inc. Selected Data from Faultless' Financial Statements Are Provided Below

question 11

Multiple Choice

Faultless, Inc.
Selected data from Faultless' financial statements are provided below.

- Refer to the financial information presented for Faultless, Inc. Which of the following is true regarding the debt management ratios for Faultless between 2011 and 2012?

• A) The debt to equity and debt to assets ratios both increased.
• B) The debt to equity and total debt to assets ratios both decreased.
• C) The debt to equity and long-term debt to equity ratios both decreased.
• D) The debt to equity ratio decreased and the debt to assets ratios increased.

Identify common tactics in organizational politics and their implications.

Recognize effective leadership behaviors and the impact of status differences.

Understand the principles behind the behavioral model of leadership.

Differentiate between Theory X and Theory Y and their management approaches.

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Definitions:

Capacitor

Electrical charge storage device. Also known as a condenser.

Step-Up Transformer

A transformer that induces a higher voltage in its secondary coil by using a larger number of windings than in the primary coil.

Ignition Coil

A component of the ignition system in vehicles that transforms low voltage into the high voltage required to spark the spark plugs.

Circuit Paths

The routes along which electrical current flows within a circuit, connecting components such as switches, batteries, and loads like lights or motors.