An advantage of maintaining a large inventory is _____
a. customer satisfaction
b. a high stock turnover rate
c. fresh merchandise
d. low insurance costs
a
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Briefly explain three types of task roles and three types of relationship roles that help teams share leadership responsibility.
What will be an ideal response?
On January 2, 2015, Lawn Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. What is the carrying value of the bonds at the end of ten years before the final maturity payment is made?
a. $574,540 b. $525,000 c. $500,000 d. $425,460
The accounting for employee stock options does not involve
a. the measurement of the fair value of stock options on the date of the grant using an option-pricing model that incorporates information about the current market price, the exercise price, the expected time between grant and exercise, the expected market price volatility of the stock, the expected dividends, and the risk-free interest rate. b. calculating total compensation cost as the number of options the firm expects to vest times the fair value per option. c. factoring in the firms use of their historical experience on forfeitures due to employees terminating employment prior to vesting to estimate the expected number of options that will vest. d. amortizing the fair value of the stock options on the date of the grant over the requisite service period, which is the expected period of benefit. e. the firm recomputing the fair value of the option at each succeeding balance sheet date to reflect new information about stock prices, volatility, dividend yield, or risk-free interest rates.
The characterization of these companies' corporate cultures are all correct EXCEPT
A. W. L. Gore's culture promotes multidiscipline teams to organize around opportunities and in the process leaders emerge. B. Walmart's culture encourages the zealous pursuit of low costs and frugal operating practices. C. Nordstrom's corporate culture is centered on delivering exceptional service to customers. D. Epic Systems' corporate culture is based on the slogan "Do good. Have fun. Make money." E. Apple's employee-centric culture fosters openness and sharing of company-developed technology.