Answer:
The correct answer is option A.
Explanation:
The statement given above says that bond prices vary inversely with changes in market interest rate. It means that there is an inverse relationship between bond prices and the market interest rate.
In other words, when the market interest rate falls, the bond prices will rise and when there is an increase in market interest rate, the bond prices will fall. The bond price and market rate of interest are negatively related.
Answer:
According to Hersey and Blanchard, readiness refers to "the extent to which a follower has the ability and willingness to accomplish a specific task" (1988, p. 174). The two dimensions composing employee readiness are willingness and ability related to a specific task.
Answer:
The correct answer is: No, it is not legal.
Explanation:
The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unreasonable, or misleading money-recovery methods. That is meant to protect debtors from harassment or intimidation.
<em>Collectors cannot present themselves as law enforcement or government officials, they cannot call people at work or multiple times at home or during out hours, they cannot pass off papers as legal documents when they are not, they cannot arrest you, or lie in any way.</em>
Thus, <em>Sekelow has violated the FDCPA by sending debtors postcards requesting contact from their end.</em>
Answer:
BUCKEYE INCORPORATED
General Journal:
No Date Description Debit Credit
1 November 01
Cash $11,000
Common Stock $11,000
To record the issue of common stock for cash.
2. November 02
Equipment $1,500
Long-term Note Payable $1,500
To record the purchase of equipment from Spartan Corporation.
3. November 04
Supplies $1,100
Accounts Payable $1,100
To record the purchase of supplies on account.
4. November 10
Accounts Receivable $7,000
Service Revenue $7,000
To record the provision of services to customers on account.
5. November 15
Accounts Payable $1,200
Cash Account $1,200
To record the payment to suppliers on account.
6. November 20
Salaries Expense $1,000
Cash Account $1,000
To record the payment of salaries for the first half month.
7. November 22
Cash Account $9,000
Service Revenue $9,000
To record the provision of services to customers for cash.
8. November 24
Long-term Notes Payable $600
Cash Account $600
To record the payment on note to Spartan Corporation.
9. November 26
Utilities expense $1,200
Cash Account $1,200
To record the payment for gas and electricity for November.
10. November 30
Rent expense $3,000
Cash Account $3,000
To record the payment of rent for November.
Explanation:
General Journals: Buckeye Incorporated can use the general journal to record its business transactions as they occur on a daily basis. It shows the accounts involved in the transaction and the accounts to be debited and credited as the case may be.
Answer:
The correct answer is: <em>D. Listen to employees concerns and be willing to change some aspects of Holacracy.</em>
Explanation:
Holocracy refers to a management style where top-down or hierarchical management is replaced with a management style, where power and authority is equally distributed between teams and individuals in an organization. Holocracy is beneficial for organizations since it engages and motivates individuals and teams more than a hierarchical management style- where they have less power and authority. This in turn engages employees to produce favorable outcomes, while remaining aligned with their organization's missions.
The best way for Hsieh to guide the culture at Zappos in light of the switch to Holacracy would be to listen to employees' concerns and be willing to change some aspects of Holacracy. This is the best approach as it resonates with a holacratic management style, and gives employees the power and authority to bring up their concerns so that the switch to Holacracy at Zappos goes smoothly.
