If a Firm Has a Debt-Equity Ratio of

question 60

Multiple Choice

If a firm has a debt-equity ratio of .45, long-term debt of $500, and equity of $2,000, then:

• A) current liabilities must be $400.
• B) current assets must be $400.
• C) retained earnings must be $900.
• D)preferred stock must be $400.

Understand and describe the benefits of participative management and teamwork in an organizational setting.

Identify effective strategies for managing team conflict to improve group dynamics and outcomes.

Recognize the importance of individual roles in collaborative projects and how to best allocate responsibilities.

Describe the advantages and disadvantages of various team configurations and how they impact team effectiveness.

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Definitions:

Dormant Commerce Clause

A restriction on states’ authority that is implied in the commerce clause of the U.S. Constitution: The power given to Congress to enact legislation that affects interstate commerce in effect prohibits a state from passing legislation that improperly burdens interstate commerce.

Discriminated

Treated unjustly or unfairly based on particular characteristics, such as race, age, or gender.

Out-of-state Wineries

Wineries located outside of a particular state that may be subject to different regulations for selling and shipping their products to that state.

Marbury V. Madison

A landmark Supreme Court case in 1803 that established the principle of judicial review in the United States.