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 1. You are estimating your company’s external financing needs for the next year. Your first-pass pro forma financial statements showed a large financing deficit for next year. Which of the following changes to your company’s operating plan would reduce the financing deficit if incorporated in revised pro forma financial statements? Sol: Reduce the collection period 2. To estimate H-32 Corporation’s external financing needs, the CFO needs to figure out how much equity her firm will have at the end of next year. At the end of the most recent fiscal year, H-32’s retained earnings were $158,000. The controller has estimated that over the next year, gross profits will be $360,700, earnings after tax will total $23,400, and H-32 will pay $10,400 in dividends. What are the estimated retained earnings at the end of next year? Sol: $171,000 3. The most common approach to developing pro forma financial statements is called the Sol: percent-of-sales method. 4. Which of the following are viable t

  Your Answers: Results for question 1. 1 2 / 2 points The __________ approach shifted the emphasis from structure, power, and individualization to individual needs and human relationships. c. human resources , Not Selected Correct answer: b. human relations d. Theory Z , Not Selected a. classical , Not Selected Results for question 2. 2 2 / 2 points Becca’s team spends hours trying to collaborate to come up with a solution to their conflict, and some members even tried competing for their ideas. The team should then shift to a(n) __________ style. b. accommodation , Not Selected Correct answer: c. compromise a. avoiding , Not Selected d. collaboration , Not Selected Results for question 3. 3 2 / 2 points __________ explains how we judge people differently depending on the meaning we attribute to their behavior. Correct answer: a. Attribution theory c. Self-serving bias , Not Selected d. Extraversion , Not Selected b. Fundamental attribution error , Not Selected Results for question 4.