Answer:
(ii) the new hire can make a quicker and more meaningful impact in the new role;
Explanation:
Answer:
A. True
Explanation:
It can hop on the trend to seem appealing. Ex: in the early 2000s, crop tops where a trend, so businesses where all making shirts that are crop tops so people would buy them.
Answer:
YTM = 4.40%
Explanation:
From current yield we solve for price:
current yield: annual payment/ price
0.07 = 1,000 x 8.5% / price
85 / 0.07 = price = 1214,285714285714 = 1214.29
Now we solve for yield to maturity. This is the rate at which the present value value of the maturity and coupon payment are equal to his current price:
C 42.50
time 12 (6 years x 2 payment per year)
rate (semiannual as the payment are twice per year)
PV coupon
Maturity 1,000.00
time 12.00
rate
PVmaturity
PV c + PV m = $1,214.2903
So we got:
From here we solve using excel or financial calculator as you suggest.
<u>notice this will give you the semiannual rate: 0.021988524 = 2.20%</u>
You will have to multiply the answer by 2 giving you the 4.40% as you were told.
Answer:
1. Suggestions that are inconsistent with IMA standards are:
a. Does not violate IMA standards.
b. Is inconsistent with IMA standards.
c. Does not violate IMA standards.
d. Is not clear whether it would violate IMA standards.
e. Is inconsistent with IMA standards.
2. This is what Kara Williams should do if Lucas insists that she follow all of the suggestions:
Kara Williams should resist the attempt to implement b and e and should gather more information about d. If Lucas ignores Williams, then Williams should consider if she wants to continue working for a company that engages in unethical behavior.
Explanation:
The Institute of Management Accountants (IMA) has ethical standards that should be followed by its members. These standards or principles include professional competence, integrity, credibility, and confidentiality. The most relevant principles, in this situation, are integrity and credibility. Integrity requires that members must not engage in activities that will expose the profession to public ridicule or unethical practices. Credibility requires fair and objective presentation and communication of financial information to stakeholders.