In strategic management, both the short-term and long-term perspectives need to be considered because
A. shareholder value is only measured by short-term returns.
B. the creative tension between the two forces managers to develop more successful strategy.
C. long-term vision precludes the analysis of present operating needs.
D. shareholders only care about long-term returns.
Answer: B
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On January 1, a company issues bonds dated January 1 with a par value of $370,000. The bonds mature in 5 years. The contract rate is 11%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $384,280. The journal entry to record the first interest payment using straight-line amortization is: (Rounded to the nearest dollar.)
A. Debit Bond Interest Expense $21,778; credit Premium on Bonds Payable $1428; credit Cash $20,350. B. Debit Bond Interest Expense $21,778; credit Discount on Bonds Payable $1428; credit Cash $20,350. C. Debit Bond Interest Expense $18,922; debit Discount on Bonds Payable $1428; credit Cash $20,350. D. Debit Bond Interest Expense $18,922; debit Premium on Bonds Payable $1428; credit Cash $20,350. E. Debit Interest Payable $20,350; credit Cash $20,350.
A(n) ________ is a less serious crime, is not inherently evil but nevertheless prohibited by society, and is punishable by fines or imprisonment for one year or less.
A. misdemeanor B. indictable offence C. felony D. violation
An environmental impact statement (EIS) must contain a cost-benefit analysis of the proposed action and alternative actions
Indicate whether the statement is true or false
Tim is 19 years old and is thinking of starting a business to target his generation, the millennials. What are some of the demographic factors that he needs to analyze to help him determine how to market his business?
What will be an ideal response?