In 20x5, Horwitz Corporation issued ten-year, 9 percent bonds when the market interest rate was 11 percent. Interest is payable annually. During 20x8, the market rate of interest for similar bonds was 12 percent. Using the effective interest method of amortization, what interest rate will be used to calculate interest expense for 20x8?
A) 12 percent
B) 9 percent
C) 6 percent
D) 11 percent
D
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Answer the following statements true (T) or false (F)
1. An orientation helps a newcomer fit smoothly into the job and the organization. 2. Defining the organization's mission and operations should be considered an integral part of employee orientation. 3. The first step in the training process is setting objectives for what the training should achieve. 4. For HR professionals, employee training is synonymous with development.
Various laws and contracts govern the rights and obligations of a shareholder. Which of the following is/are not true?
a. The corporation laws of the jurisdiction in which incorporation takes place govern the rights and obligations of a shareholder. b. The articles of incorporation or the corporate charter sets out the agreement between the firm and the jurisdiction in which the business incorporates. c. The board of directors adopts bylaws, which are the rules and regulations governing the internal affairs of the corporation. d. The jurisdiction grants to the firm the privileges of operating as a corporation for certain stated purposes and of obtaining its capital through the issue of shares of stock. e. none of the above
TynsCorp contracted with compensation specialists to make recommendations on how to improve its benefits packages. It is likely that those specialists will suggest flexible benefits plans, as those tend to be seen as ideal.
Answer the following statement true (T) or false (F)
The _____ is the element of a brand that cannot be spoken.
A. brand mark B. trademark C. brand equity D. quality mark E. intangible product