When a company sells its bonds at less than face value, the effective interest rate is
A) lower than the yield rate.
B) higher than the contract interest rate.
C) lower than the nominal rate.
D) higher than the market interest rate.
B
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A leader who favors a leadership style that focuses on relationship behavior is making certain assumptions about his or her subordinates. What are some of these assumptions?
What will be an ideal response?What will be an ideal response?
The U.S. Foreign Corrupt Practices Act that forbids firms from contributing to foreign political campaigns was passed into law in
a. 1907 b. 2007 c. 1990 d. 1977
Dillon dislikes the frequent criticism from his boss, but he also wants to profit from the experience As a result, Dillon digs into his human relations text and reviews the few paragraphs about cognitive restructuring. One day, David changes about six items on a Web site Dillon updated, including changing the search button from blue to purple. A good cognitive restructuring response for Dillon would be:
A) "I'll just wait and nail David later with criticisms of my own." B) "Maybe I'm not so talented. It could be that I'm in the wrong field." C) "David is quite experienced, so perhaps his suggestions provide me useful feedback." D) "When you're dealing with a retard, there's not much you can do."
Calculate a firm's free cash flow if it has net operating profit after taxes of $60,000, depreciation expense of $10,000, net fixed asset investment requirement of $40,000, a net current asset requirement of $30,000 and a tax rate of 30%
A) $0 B) $30,000 C) -$30,000 D) $60,000