Changes in Account Balances of Multi-Plus Inc Assuming That There Were No Charges to Retained Earnings Other

question 1

Multiple Choice

Changes in account balances of Multi-Plus Inc.during 2012 were:
$\begin{array}{lc}&\underline{\text { Increase }}\\\text { Assets } & \$ 420,000 \\\text { Liabilities } & 125,000 \\\text { Capital Stock } & 100,000 \\\text { Additional Paid-In Capital } & 140,000 \\\text { Retained Earnings } & ?\end{array}$
Assuming that there were no charges to retained earnings other than dividends of $62,000,the net income for 2010 was:

• A)($7,000)
• B)$55,000
• C)$117,000
• D)$257,000
• E)none of the answers are correct

Identify the roles and failures of senior management and strategic leadership in strategic planning.

Recognize key strategic planning pitfalls and their impact on organizational performance.

Explain the strategic implications of different stages of the product life cycle.

Compare and contrast different strategic management models and their recommendations for strategy formulation.

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