Joelle works with sales reps on visualization, or guided imagery, and positive self-talk. What step is necessary first to be able to use these techniques effectively?
A) setting personal goals
B) creating a mental picture
C) rewarding progress
D) using affirmations
E) controlling mannerisms
A
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Describe four broad strategies employed by market followers to meet their competitors. Which of these is unethical?
What will be an ideal response?
The firm's after-tax cost of debt is ________. (See Table 9.2 )
A) 4.6 percent B) 6 percent C) 7 percent D) 7.7 percent
Which of the following procedures would an auditor most likely perform to obtain evidence about an entity's subsequent events?
A. Reconcile bank activity for the month after the balance sheet date with cash activity reflected in the accounting records. B. Obtain a letter from the entity's attorney describing any pending litigation, unasserted claims, and loss contingencies. C. Review the treasurer's monthly reports on temporary investments owned, purchased, and sold. D. Examine on a test basis the purchase invoices and receiving reports for several days after the inventory date.
A $1,000 face value bond matures in 11 years, pays interest semiannually, and has a 6.5 percent coupon. The bond currently sells for $1,025. What is the yield to maturity?
A. 6.18 percent B. 6.17 percent C. 6.37 percent D. 6.28 percent E. 6.34 percent