Weather Corp issued 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium. Which one of the following statements is true?
a. Weather's annual interest expense on the bonds will be greater than the amount of interest payments to bondholders each year.
b. Weather's annual interest expense on the bonds will be less than the amount of interest payments to bondholders each year.
c. Weather will receive $94,800 as the issue price.
d. The cash paid to bondholders will be $520 each interest period.
b
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Describe Ronen’s solution to the auditor behavior problem that involves the capture of auditors by auditees.
What will be an ideal response?
When the contract rate of a bond is greater than the market rate on the date of issuance, the bond sells at a discount.
Answer the following statement true (T) or false (F)
Which of the following is the most effective passage in an email message to managers concerning new procedures for locking up the building when leaving at night?
a. When you leave the plant at night, here are a few things to remember: • Close and lock all secondary plant doors. • Key your personal code into the security pad to the right of the door. • Open the main plant door and go outside. • Close the door. • Use your key to lock the door. • Press enter on your personal plant remote to arm the security system. b. When you leave the plant at night, follow these procedures: 1 . Close and lock all secondary plant doors. 2 . Key your personal code into the security pad to the right of the door. 3 . Open the main plant door and go outside. 4 . Close the door. 5 . Use your key to lock the door. 6 . Press enter on your personal plant remote to arm the security system. c. When you leave the plant at night, follow these procedures—close and lock all secondary plant doors, key your personal code into the security pad to the right of the door, open the main plant door and go outside, close the door, use your key to lock the door, and press enter on your personal plant remote to arm the security system. d. All are equally effective.
On MacKenzie’s team, the group goals have transcended the individual differences of group members. The goals are now ______ goals.
A. task B. divergent C. superordinate D. focus