One of the major challenges of situational leadership is ______.

a. using it on a daily basis
b. including followers in its application
c. getting an accurate reading of followers and their needs and expectations
d. changing inflexible followers


c. getting an accurate reading of followers and their needs and expectations

Business

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On January 1, 2016, Sharpsburg, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. What is the carrying value of the bonds after the first interest payment is made on June 30, 2016?

a. $352,960 b. $354,200 c. $355,452 d. $400,000

Business

Which of the following states that a corporation cannot undertake any transaction unless its charter permits it?

a. The ultra vires doctrine b. The estoppel doctrine c. The exculpatory clause d. The indemnification clause

Business

When an independent variable is correlated with one other independent variable, the variables are said to be

A) collinear. B) pairwise. C) independent. D) mutually exclusive. E) None of the above

Business

Wolanski Corporation has provided the following data for its most recent year of operations:    Selling price per unit$48Manufacturing costs:  Variable manufacturing cost per unit produced:  Direct materials$11Direct labor$5Variable manufacturing overhead$5Fixed manufacturing overhead per year$110,000Selling and administrative expenses:  Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000    Units in beginning inventory 0Units produced during the year 11,000Units sold during the year 8,000Units in ending inventory 3,000 The unit product cost under absorption costing is closest to:

A. $31.00 B. $21.00 C. $10.00 D. $35.00

Business