Use the Table for the Question(s)below

question 105

Multiple Choice

Use the table for the question(s) below.
Statement of Financial Position

-If the above statement of financial position is for a retail company,what indications about this company would best be drawn from the changes in the statement of financial position between 2014 and 2015?

• A)The company is having difficulties selling its product.
• B)The company has reduced its debt.
• C)The company has added a major new asset in terms of plant and equipment.
• D)The company has experienced a significant rise in its market value.
• E)The company has reduced its net working capital.

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Definitions:

Environmental Factors

External elements that can affect an individual’s or organization's performance, including political, economic, social, technological, environmental, and legal influences.

Role Conflict

A situation where an individual encounters contradictory expectations from different roles they are tasked to fulfill, leading to stress or confusion.

Promotions

The advancement of an employee's rank or position in an organizational hierarchy.

Transfers

The act of moving employees, resources, or capital from one place, department, or use to another within or between organizations.