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1. Last year Abby charged $4,884,267 Depreciation on the Income Statement of Andrews. If early this year Abby purchased a new depreciable asset, the effect

1. Last year Abby charged $4,884,267 Depreciation on the Income Statement of Andrews. If early this year Abby purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other items remaining equal):

Select: 1

A

Decrease Net Cash from operations on the Cash Flow Statement

B

Increase Net Cash from operations

C

Just impact the Balance Sheet (WRONG)

D

No impact on Net Cash from operations (MY GUESS)

2. Baldwin's balance sheet has $75,863,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Baldwin's book value?

Select: 1

A

$69,863,000

B

$73,863,000 (MY GUESS)

C

$77,863,000 (WRONG)

D

$31,073,000 (WRONG)

$75,863,000 - $4,000,000 + $2,000,000 = $73,863,000 - my logic

Your boss recently told you that you needed to be more "culturally intelligent." Specifically he said, "I received some feedback from a major client, Palo, who said after a meeting him that you seemed not be very interested in his business anymore." You replied that meeting with Palo is very uncomfortable because he is a "close talker" and invades your personal space so you end up backing up all the time. Your boss said, "well you better figure out what to do and fast, hes giving you another chance to meet next week." Which of the following actions would be MOST EFFECTIVE in your next communication with Palo?

Select: 1

A

Follow Palos lead and maintain a closer distance when speaking than you normally would.

B

Ask a colleague to accompany you during the next meeting to diffuse the situations discomfort. (WRONG)

C

Explain to Palo that you didnt mean to offend him, but you are not experienced in working with people from his country. (MY BEST GUESS)

D

Express appreciation for Palos business and communicate your dedication. (FOUND ONLINE WRONG)

Please help with verifying my answers or correct me.

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