In this case the company purchased at face value, at $ 1,000, 6% bond that pays interest on January 1 and July 1, that is, half a year. Therefore, the correct answer in this case will be:(1,000) * (0.06) * (1/2) = $ 30
A fiscal year is a 12-month financial planning period that may or may not coincide with the calendar year.
Answer: Option D
Explanation:
A. If the hostile takeover by outside investors is made easier it might result in
depletion of shareholders interest in the company.
B. Large cash salaries and low stock options will result in mangers being carefree about the position of company in the market,thus, resulting in depletion of shareholders interest in the company.
C. Covenants protect the shareholders from unethical or illegal decisions of the management. Thus covenants are necessary for healthy manager and shareholder relationship.
D. Eliminating minimum requirement by shareholders will result in more shares to the general shareholders and high voting rights on company decisions also.
E. Doing such act will get the managers more hold on the stock of the company resulting in conflict.
Answer:
Rosalee responds quickly to fix electrical wires in emergencies.
Shawn inspects oil pipeline equipment.
Mae follows safety instructions carefully.
Answer:
The correct word for the blank space is: competitive.
Explanation:
Pricing strategies are methods companies use at the moment of setting the prices of their products. The most common pricing strategies are:
- Cost-plus pricing.<em> Involves recognizing the production costs and adding a percentage of those costs which represents the profit of the firm.
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- <u>Competitive pricing</u>.<em> Implies establishing the price of a product similar to what competitors in the market have set.
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- Value-based pricing.<em> It requires setting the price of goods and services based on what consumers think the price should be.
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- Price skimming.<em> Involves pricing a product high at first and changing the price according to market fluctuations.
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- Penetration pricing.<em> Implies setting the price of a product low to wipe out competitors and raising it after they completely disappeared.</em>
