Answer:
a. Premium
b. Discount
c. Discount
Explanation:
a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium
Therefore, Valley's bond will sell at a premium.
b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, Spring's bond will sell at a discount.
c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, River Inc.'s bond will sell at a discount.
Answer:
The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.
Explanation:
Now lets take a closer look at it.
Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!
Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!
Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?
Option E is somewhat acceptable. yet comparing with the option D, its not that much suitable. If the employees are already in doubt, it is unlikely that this option will work.
So, if option D is working, what are the non financial incentive that we can use to motivate our employees?
- Job Enrichment: Enrich their jobs with more responsibilities and by giving them more powers.
- Job Rotation: Employees get bored if they do the same work for a long period of time, changing the nature of the job they do is a good option in this case.
- Offer them leadership opportunities to develop in their career
- Recognize their contributions and efforts and appreciate them.
- Give your employees more autonomy and freedom
Answer:
The statement is: True.
Explanation:
Sales entities with <em>optimal employee practices</em> are not only in charge of <em>recruiting qualified personnel</em> that could help them reach their profit objectives. Those firms are characterized by<em> involving the sales representatives in activities at all levels of the marketing department. </em>
From the first day the new hires for the sales department start operations, they are <em>informed about the corporate culture</em> of the company which is likely to be related to customer satisfaction. Also, best sales organizations worry about the <em>salesclerks' skills development</em> by providing them training. All those factors increase <em>workers' commitment </em>to the firm wanting them to keep their job position for long periods.
Answer: False.
Explanation:
The survey information gathered from the customers is a form of getting feedback from the consumers of Tech Geek products/services, which is a form of input that enables the company improve on their products/services.
Answer:
The geometric average return for this stock was <u>8.64%</u>.
Explanation:
Geometric average return refers to the return which will result in the correct compounded dollars at the end of the time period.
Geometric average return can be computed using the following formula:
Geometric average return = {[(1 + r1)(1 + r2) ... (1 + rn)]^(1/n)} - 1 ......... (1)
Where r is returns from year 1 to year n.
For the stock in the question, we have:
r1 = 9.62%, 0.0962
r2 = -14.65%, or -0.1465
r3 = 19.85%, or 0.1985
r4 = 25.35%, or 0.2535
r5 = 7.65%, or 0.0765
n = 5
Substituting the values into equation (1), we have:
Geometric average return = {[(1 + 0.0962)(1 - 0.1465)(1 + 0.1985)(1 + 0.2535)(1 + 0.0765)]^(1/5)} - 1
Geometric average return = {1.51310732605096^0.20} - 1
Geometric average return = 0.0864, or 8.64%
Therefore, the geometric average return for this stock was <u>8.64%</u>.