Pelican Company issued $200,000 of 20-year, 6 percent bonds at 98 on one of its semiannual interest dates. The straight-line method of amortization is to be used. After seven years, what is the carrying value of the bonds?

A) $196,700
B) $197,400
C) $198,600
D) $199,300


B

Business

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As stated in the equity theory, people whose situation is comparable to their own are a/an ______.

A. authority B. inequality figure C. referent other D. designator

Business

The following information relates to Tablerock Manufacturing's overhead costs for the month:


Tablerock allocates variable manufacturing overhead to production based on standard direct labor hours.

Tablerock reported the following actual results for last month: actual variable overhead, $14,500; actual fixed overhead, $5,400; actual production of 4,700 units at 0.22 direct labor hours per unit. The standard direct labor time is 0.20 direct labor hours per unit.

Compute the variable overhead cost variance. (Round intermediate calculations to two decimal places and the answer to the nearest dollar.)

Business

How does the “Ethical Culture” survey method of assessing an organization’s ethical performance differ from the assessment method using a code of ethics?

a. It has employees share results of their assessments in small groups. b. It has employees use a Likert scale. c. It has employees independently rate the organization. d. It is only used for organizations that lack a code of ethics.

Business

Achieving a growth mindset is about conquering fear, accepting feedback, and sticking to a long-term plan for change. Which of these is most difficult for you and why?

What will be an ideal response?

Business