If $500,000 of 10-year bonds, with interest payable semiannually are sold for $494,040 based on (1) the presentvalue of $500,000 due in 20 periods at 5% plus (2) the present value of twenty $25,000 payments at 5%, thenominal or contract rate and the market rate of interest for the bonds are both 10%
a. True
b. False
Indicate whether the statement is true or false
False
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The two desirable organizational outcomes of the goal setting process are ______.
a. producing a logical and complete plan and adding value to the organization’s ability to achieve its mission b. letting employees know management cares and working on employees’ individual futures c. working with employees in teams and locking the employees into achieving their goals d. defining a plan of action and execution of that plan
All of the following are disadvantages of using temporary workers except:
A. Temps may not know the job or the culture B. They generally have lower motivation C. There can be legal problems associated with the length of employment of temporary workers D. They are usually less loyal to the organization E. The company can hire in workers with specific skill sets
Alan, a dentist, and his wife Martha, an attorney, can protect their personal assets with limited liability from their business dealings by creating and operating a professional corporation together
a. True b. False Indicate whether the statement is true or false
Upon the death of a joint tenancy with a right of survivorship, that deceased joint tenant's share passes to the remaining tenants equally
Indicate whether the statement is true or false