A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called, and is not expected to default. The bond should sell at a premium if interest rates are below 10% and at a discount if interest rates are greater than 10%.
Answer the following statement true (T) or false (F)
True
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Exhibit 11-1 On January 1, Year 1, Hills purchased equipment for $350,000. The equipment had an estimated useful life of ten years and an estimated residual value of $50,000. Use the double-declining-balance method to answer the following question(s). ? ? Refer to Exhibit 11-1. How much depreciation should Hills record on the asset in year 2?
A) $16,000 B) $24,000 C) $56,000 D) $48,000
Maintenance access to systems increases the risk that logic will be corrupted either by the accident or intent to defraud
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Extrinsic rewards can increase intrinsic motivation if the rewards are high. 2. The needs for competence and self-determination fall under extrinsic rewards. 3. Extrinsic rewards can both motivate and demotivate people. 4. Seniority-based pay encourages longevity and helps reduce turnover, but it also have encourage poor performers to stay with an organization longer. 5. Profit sharing is a system whereby managers agree to share the benefits of cost savings with staff in return for their contribution to the company’s performance.
The central limit theorem states that ______.
A. as the size of a sample gets larger and larger, its distribution approaches the normal distribution only if the underlying population from which the samples were collected is normally distributed B. as the size of a sample gets smaller and smaller, its distribution approaches the normal distribution, if the underlying population from which the samples were collected is not normally distributed C. as the size of a sample gets larger and larger, its distribution approaches the normal distribution, even if the underlying population from which the samples were collected is not normally distributed D. as the size of a population gets larger and larger, its distribution approaches the normal distribution, even if the population is not normally distributed to begin with