Additional Credit Sales of $2m (Cost Price $1

question 20

Multiple Choice

Additional credit sales of $2m (cost price $1.5m) are made on credit.This transaction will:

• A) increase net profit,increase cash and increase total assets.
• B) increase net profit,increase total assets but not affect cash.
• C) increase net profit,and not affect cash or total assets.
• D) increase net profit,increase cash.

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Definitions:

Charismatic Successor

A person who follows in the footsteps of a leader and possesses a similar charm and appeal to influence and inspire others.

Individualized Consideration

A leadership approach that involves recognizing and addressing the unique needs and abilities of each follower.

Transformational Behavior

Actions that inspire and encourage positive changes within a group or organization.

Conventional And Complex

Distinguishes between traditional, straightforward approaches and more intricate, nuanced methods or situations.