Which of the following is a major principle supporting communication style theory?
A) Individual differences exist but are negligible in business conversations.
B) Successful business and social relationships require identical styles.
C) There are unlimited communication styles that are unique to each person.
D) Individual style differences change constantly.
E) A communication style is a way of thinking and behaving.
E
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Fake News Entertainment Corporation earned $500,000 in operating profits (revenue less operating costs) last year. It paid $50,000 in interest and spent $60,000 on new equipment for expansion. Its tax rate is 20% and it maintains a dividend payout ratio of 45%. This year it expects to achieve exactly the same results, hence it plans to expand further and double its spending on new equipment. What will happen to Retained Earnings this year compared to last?
a) higher b) same c) lower
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