Table 3.1 Information (2019 Values)

question 26

Multiple Choice

Table 3.1 Information (2019 values)
1.Sales totaled $110,000
2.The gross profit margin was 25 percent.
3.Inventory turnover was 3.0.
4.There are 360 days in the year.
5.The average collection period was 65 days.
6.The current ratio was 2.40.
7.The total asset turnover was 1.13.
8.The debt ratio was 53.8 percent.
-Net fixed assets for CEE in 2019 were ________.(See Table 3.1)

• A)$45,484
• B)$48,975
• C)$54,511
• D)$69,341

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Definitions:

Open and Honest Communications

Transparent and straightforward interactions that foster trust and clarity in relationships or organizations.

Authentic Leader

An authentic leader is one who is true to their own personality, values, and spirit, regardless of external pressures or challenges.

Transactional Leaders

Leadership style focused on the exchange between leaders and followers, where followers are rewarded for meeting specific goals or standards.

Carrot and Stick Approach

A motivational strategy that uses rewards (carrots) to reinforce positive behaviors and punishments (sticks) to deter negative behaviors.