The yield to maturity on long-term bonds

A) is set by the indenture agreement and will not change over the life of the bond.
B) is equal to the current yield if the bond is selling for face value.
C) is equal to the coupon rate on the bond.
D) is equal to the net present value of the bond's future cash flows.


B

Business

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The employee turnover for the custodial host position at the local department store was high, and the department managers were beginning to complain to Gina, the store manager. There was no lack of applications, and the pay was comparable to other stores, yet those who took the position stayed no longer than a week. Exit interviews revealed that employees felt the job's responsibilities were not what they expected. Which of the following is the best method Gina could use to reduce turnover?

A. Show a video to applicants about the responsibilities of the job. B. Check the employment history and references of applicants. C. Insist that each applicant takes a drug test within 48 hours of applying. D. Require applicants to take intelligence quotient and emotional quotient tests. E. Accept more applications by reducing required standards.

Business

At the end of the current year, Leer Company reported total liabilities of $300,000 and total equity of $100,000. The company's debt ratio on the last year-end was:

A. $400,000. B. 300%. C. 33.3%. D. 66.67%. E. 75.0%.

Business

If the interviewer has been thorough, it is appropriate to say, "I don't have any questions" when asked at the end of an interview

Indicate whether the statement is true or false

Business

The supervisor's supervisor is an important player in the performance management process because they

a. Develop the performance evaluation system that is used b. Maintain the job descriptions c. Ensure consistency in the ratings among those they supervise d. Administer pay increases

Business