According to Hofstede's framework, a culture that scores low on ________ can change more rapidly because tradition and commitment are not impediments to change
A) masculinity
B) individualism
C) long-term orientation
D) risk-taking
C
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If the credit amount of an adjusting entry adjusts an asset account, the debit amount of the adjusting entry must adjust a _____ account.
Fill in the blank(s) with the appropriate word(s).
Wagner Industrial Motors, which is currently operating at full capacity, has sales of $29,000, current assets of $1,600, current liabilities of $1,200, net fixed assets of $27,500, and a 5 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 4.5 percent next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year?
A. -$259.75 B. -$201.19 C. $967.30 D. $1,099.08 E. $1,515.25