Mandel Corp B) C) D)

question 69

Multiple Choice

Mandel Corp. repaid a bank loan for $980,000. What effect does this transaction have on these accounts?

• A) \[\begin{array} { | l | l | l | }
• \hline \text { Total Assets } & \text { Total Liabilities } & \text { Shareholders' Equity } \\
• \hline \text { Increase by } \$ 980,000 & \text { Increase by } \$ 980,000 & \text { Decrease by } \$ 980,000 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | l | l | }
• \hline \text { Total Assets } & \text { Total Liabilities } & \text { Shareholders' Equity } \\
• \hline \text { Decrease by } \$ 980,000 & \text { Decrease by } \$ 980,000 & \text { No effect } \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | l | l | }
• \hline \text { Total Assets } & \text { Total Liabilities } & \text { Shareholders' Equity } \\
• \hline \text { No effect } & \text { Decrease by } \$ 980,000 & \text { No effect } \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | l | l | }
• \hline \text { Total Assets } & \text { Total Liabilities } & \text { Shareholders' Equity } \\
• \hline \text { No effect } & \text { No effect } & \text { No effect } \\
• \hline
• \end{array}\]

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Definitions:

Directive Leadership

A leadership style where the leader makes decisions unilaterally and communicates expectations clearly and directly to subordinates.

Ambiguous Rules

Guidelines or regulations that lack clarity and can be interpreted in multiple ways, often leading to confusion and inconsistency in application.

Self-limiting Behaviors

Actions or habits that prevent individuals from reaching their full potential, often due to self-doubt or fear of failure.

Motivate Followers

Motivating followers involves inspiring and encouraging individuals or teams to achieve their goals and perform at their best through various methods, including recognition, rewards, and personal development opportunities.