Please Refer to the Partial Balance Sheet Data Provided Below

question 6

Multiple Choice

Please refer to the partial balance sheet data provided below: Which of the following accurately describes the 3.6% figure shown for total current liabilities in 2014?

• A)In 2014, total current liabilities increased as a percentage of total liabilities and stockholders' equity over the prior year.
• B)In 2014, total current liabilities was equal to 3.6% of total liabilities.
• C)In 2014, total current liabilities was equal to 3.6% of total liabilities and stockholders' equity.
• D)In 2014, total current liabilities decreased as a percentage of net sales revenue.

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Definitions:

Social Intelligence

entails the ability to understand and manage interpersonal relationships, by recognizing the emotions, intentions, and motivations of others.

Organizational Power

The capacity or ability of individuals or groups to influence decisions and control resources within an organization.

Personal Power

The influence capacity an individual possesses based on their personal attributes, skills, or networks, rather than their official position.

Legitimate Power

A form of authority where power is given through a formal position or role within an organization.