Below Is Selected Information from DXI's 2007 Financial Statements $\text { Selected Income Statement Data - for the year ending December 31,2007: }$

question 16

Multiple Choice

Below is selected information from DXI's 2007 financial statements: $\begin{array}{|l|l|l|}\hline \text { Dec. 31, 2006 } & \text { As of Dec.31, } 2007 & \\\hline \$ 745,800 & \$ 958,245 & \text { Cash and short-term investments } \\\hline 135,400 & 125,850 & \text { AccountsReceivable (net) } \\\hline 175,840 & 195,650 & \text { Inventories } \\\hline 30,860 & 45,300 & \text { Prepaid Expenses and other current assets } \\\hline \$ 1,087,900 & \$ 1,325,045 & \text { Total Current Assets } \\\hline 1,358,700 & 1,478,320 & \text { Plant, Property and Equipment, net } \\\hline 120,400 & 125,600 & \text { Intangible Assets } \\\hline \$ 2,567,000 & \$ 2,928,965 & \text { Total Assets } \\\hline\\\hline & & \\\hline 38,108 & \$ 25,190 & \text { Short-term borrowings } \\\hline 40,000 & 45,000 & \text { Current portion of long-term debt } \\\hline 325,900 & 285,400 & \text { Accounts payable } \\\hline 705,891 & 916,722 & \text { Acculed liabilities } \\\hline\\\hline 05,891 & \$ 16,722 & \text { Accued liablilties } \\\hline 115,600 & 125,400 & \text { Income taxes payable } \\\hline \$ 1,225,499 & \$ 1,397,712 & \text { Total Current Liabilities } \\\hline 430,000 & 450,000 & \text { Long-term Debt } \\\hline \$ 1,655,499 & \$ 1,847,712 & \text { Total Liabilities } \\\hline \$ 911,501 & \$ 1,081,253 & \text { Shareholders' Equity } \\\$ 2,567,000 & \$ 2,928,965 & \text { Total Liabilities and Shareholders Equity } \\\hline\end{array}$
$\text { Selected Income Statement Data - for the year ending December 31,2007: }$
$\begin{array}{|c|l|l|}\hline \quad\quad\quad\quad\quad\quad\quad&\$ 3,210,645 & \text { Net Sales } \\\hline&-2,310,210 & \text { Cost of GoodsSold } \\\hline &900,435 & \text { Pperating Income } \\\hline &324,850 & \text { Net Income } \\\hline\end{array}$
$\text { SelectedStatement of Cash Flow Data - for the year encling December 31,2007:}$
$\begin{array}{|l|l|l|}\hline \quad\quad\quad\quad\quad\quad\quad&\$ 584,750 & \text { Cash Flows from Operations } \\\hline &42,400 & \text { Interest Expense } \\\hline &114,200 & \text { Income Tax Expense } \\\hline\end{array}$ DXI's 2007 Liabilities to Shareholders' Equity ratio is

• A) 100.0%
• B) 170.9%
• C) 63.1%
• D) 129.3%

Understand the procedures and significance of using multiple lines of sight in research to ensure convergent validation.

Recognize the difference in meaning creation between the Iowa and Chicago schools of symbolic interaction.

Understand the roles and limitations of different internet resources in academic research.

Comprehend the various sampling techniques used in research and their appropriate applications.

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Definitions:

Online Research

The practice of conducting research using the internet, including surveys, experiments, and data collection from online sources.

Interpersonal Gains

Refer to the benefits or advancements in relationships and social connections that arise from effective interpersonal interactions.

Environmental Audit Programs

Structured processes that evaluate and improve the effectiveness of an organization's environmental management practices and impact.

Social Psychological Strategies

Approaches or techniques based on social psychology aimed at understanding or influencing social behaviors.