A set of skills that help people better communicate with themselves and the people around them is known as ________ intelligence
a. emotional
b. introspection
c. vision
d. leadership
a
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Rambler Company reported sales revenue for 2019 of $903,000. The products were sold with a nine- month warranty. Members of Rambler's management estimate that the cost of the warranty will be equal to 7% of sales revenue. Which of the following will be included in the entry to record the actual amounts paid out as a result of warranty claims?
A) a debit to Estimated Warranty Payable for the actual amount of payments B) a credit to Estimated Warranty Payable for $63,210 C) a debit to Estimated Warranty Payable for $63,210 D) a debit to Warranty Expense for the actual amount of payments
Holmes promised to donate $500 to the United Fund. Could Holmes be sued if he failed to make the donation? Why or why not?
After a troublesome time with a new manager, an employee who had always had highly positive reviews returned from vacation to find that her desk had been cleared out, all of her belongings were in boxes, and her office was being used for storage. While she was on vacation, her new supervisor had called, asking where certain documents were located. When he found the employee's answer
unsatisfactory, the supervisor said, "Well, this is the last straw.". What is the best assessment of this situation? a. the employee has suffered discrimination b. the employee has suffered a constructive discharge c. the employee has quit d. none of these
NorthWest Water (NWW)
Five years ago, issued $50,000,000 face value of 30-year bonds carrying a 14% (annual payment) coupon. NWW is now considering refunding these bonds. It has been amortizing $3 million of flotation costs on these bonds over their 30-year life. The company could sell a new issue of 25-year bonds at an annual interest rate of 11.67% in today's market. A call premium of 14% would be required to retire the old bonds, and flotation costs on the new issue would amount to $3 million. NWW's marginal tax rate is 40%. The new bonds would be issued when the old bonds are called. Refer to the data for . The amortization of flotation costs reduces taxes and thus provides an annual cash flow. What will the net increase or decrease in the annual flotation cost tax savings be if refunding takes place? A. $6,480 B. $7,200 C. $8,000 D. $8,800 E. $9,680