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Ridgetop Corporation Reported the Following Amounts on Its Balance Sheet

question 83

Essay

Ridgetop Corporation reported the following amounts on its balance sheet at December 31, 2014:  Total current assets $1,800,000 Total long-term assets 900,000 Total current liabilities 1,300,000 Total long-term liabilities 500,000 Total stockholders’ equity 900,000 Net income 100,000\begin{array} { | l | r | } \hline \text { Total current assets } & \$ 1,800,000 \\\hline \text { Total long-term assets } & 900,000 \\\hline \text { Total current liabilities } & 1,300,000 \\\hline \text { Total long-term liabilities } & 500,000 \\\hline \text { Total stockholders' equity } & 900,000 \\\hline \text { Net income } & 100,000 \\\hline\end{array} On January 1, 2014, total assets were $2,000,000, total liabilities were $1,200,000 and total stockholders' equity was $800,000. Calculate Ridgetop's return on assets.

Understand the humanistic approach to therapy and its emphasis on personal growth.
Identify myths and misconceptions about psychotherapy.
Understand the concept and techniques of cognitive restructuring.
Recognize the principles and goals of humanistic therapy.

Definitions:

Company Policy

Official guidelines and rules established by a business that dictate behavior and procedures within the organization.

Refusing Claims

The process of denying or rejecting requests or demands in business or communication contexts.

Direct Approach

A method of communication in which the main point is presented at the beginning, followed by supporting details.

Positive Relationship

A connection between individuals or groups characterized by mutual respect, cooperation, and support.

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