In organizations, ________ often means the ability to get things done or accomplish one's goals despite resistance from others.
A. democracy
B. contingency
C. cohesion
D. laissez-faire
E. power
Answer: E
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Ten-year bonds with a stated rate of 10% and face value of $500,000 were issued on January 1, 2011, for 104 and pay interest semiannually on June 30 and December 31 of each year. The entry on June 30, 2011, to pay interest and record amortization of bond discount or premium includes:
a. a debit to Bond Interest Expense for $25,000. b. a debit to Bond Interest Expense for $24,000. c. a debit to Bond Interest Expense for $26,000. d. a credit to Premium on Bonds Payable for $1,000. e. a debit to Discount on Bonds Payable for $1,000.
A professional malpractice insurance protects professionals against liability caused by personal negligence
Indicate whether the statement is true or false
Which of the following statements is NOT accurate?
a. Ensure the business plan contains at least 40 pages since readers may view a shorter plan as inadequately developed. b. Binding the appendices separately may make the plan appear to be easier and less time-consuming to read. c. Number all pages; use index tabs to divide main sections; and identify sections and subsections clearly. d. An entrepreneur may safely hire someone to help organize, revise, and edit his or her business plan. e. The success of a business plan depends in part on its ability to maintain readers' interest.
Marie Bain is the production manager at a company that manufactures hot water heaters. Marie needs a demand forecast for the next few years to help decide whether to add new production capacity
The company's sales history (in thousands of units) is shown in the table below. Use exponential smoothing with trend adjustment to forecast demand for period 6. The initial forecast for period 1 was 11 units; the initial estimate of trend was 0. The smoothing constants are ? = .3 and ? = .3 Period Actual 1 12 2 15 3 16 4 16 5 18 6 20