Differentiate between transformational and transactional leadership.
What will be an ideal response?
Answers will vary.
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Which of the following statements is ethically questionable?
a. Effective communication should reflect personal values and company standards of ethical conduct. b. Managers should be certain to distinguish their opinions from facts. c. Unpleasant ideas should be stated as tactfully as possible to preserve self-esteem of the reader. d. Facts can be exaggerated as long as the purpose of the message reflects the reader's best interest.
The internal rate of return is the rate of return of an investment project over its useful life.
Answer the following statement true (T) or false (F)
A company issues a 20-year, callable bond at par with a(n) 9% annual coupon payments. The bond can be called at par in three years or any time after that on a coupon payment date. The call price is $110 per $100 of face value. What is the yield to call?
A) 7% B) 15% C) 9% D) 12%
A company issued 10%, 5-year bonds with a par value of $2,000,000, on January 1. Interest is to be paid semiannually each June 30 and December 31. The bonds were sold at $2,162,290 based on an annual market rate of 8%. The company uses the effective interest method of amortization.(1) Prepare an amortization table for the first two semiannual payment periods using the format shown below.SemiannualInterestPeriodCashInterestPaidBondInterestExpensePremiumAmortizationUnamortizedPremiumCarryingValue??????????????????(2) Prepare the journal entry to record the first semiannual interest payment.
What will be an ideal response?