Dynasty Industries Reported Total Liabilities of ¥9,000,000 and Total Assets

question 13

Multiple Choice

Dynasty Industries reported total liabilities of ¥9,000,000 and total assets of ¥12,000,000.If the exchange rate changes to ¥110 = $1, what will be the change in the debt ratio assuming the account balances remain constant?

• A)Decrease by 8.3%
• B)Increase by 8.3%
• C)Decrease by 9.1%
• D)No change

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Definitions:

Contrast Errors

Mistakes made in evaluating performance where an employee's assessment is unfairly influenced by the comparison with another’s performance.

Rating Scale

A system or tool used for evaluating or assessing performance, quality, or satisfaction across a defined range.

Political Behavior

Activities within an organization that are aimed at using power or authority to influence decisions or gain advantage.

Performance Management

The continuous process of identifying, measuring, and developing the performance of individuals and teams and aligning their performance with the strategic goals of the organization.