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:
$4.8 per share annually
$1.20 per share quarterly
Explanation:
Stock Split is the issuance of additional share with proportion to the existing share holding. It increase the numbers of outstanding share of the company. Ir results in decrease in the market price of the share but the total market capitalization remains the same.
Dividend yield is the rate of dividend payment as per the market value of that share.
As per given data
Stock price = $60
Dividend yield = Dividend / Market Price
10% = Dividend / $60
Dividend = $60 x 10% = 46
On stock split, for every 2 shares, there will now be 3 shares. Shares are increase by 1.5 times (3/2).
After Stock Split
Share price = $60 / 1.5 = $40
Annual dividend amount per share before the increase
Dividend = $6.00 / 1.5 = $4.00 per share
Annual dividend amount per share before the increased by 20%
Dividend = $4 x 120% = $4.80 per share
Quarterly dividend payment = $4.80 / 4 = $1.20 per share
Answer: Please refer to the explanation section
Explanation:
Bonds are another form of debt financing, When a Company issues Bonds , the will be Obligated to make interest payment as per the bond agreement and also Repay the Face Value of the Bond at the end of the period (when the Bond reaches its maturity period). The Face Value of a Bond is used when calculating Interest Payment. Interest Payments of a Bond (also Known as Coupon payments) is calculated by Taking the Face Value of a Bond and Multiply it by the effective interest rate, that is an annual interest rate that is adjusted by the number of times interest payment are made in a year.
Bond Interest Payments or coupon Payments are recognised as Interest expense in the income statement as they represent interest expense incurred resulting from a Company's Liabilities.
We will assume that the amount of $431 721 is the Face Value of the Bond since the question didn't specify.
Market interest rate = 9%. Interest payment are made in every 6 months or twice a year (semi annually), The Annual interest rate of 9% must be divided by 2. Therefore the effective interest rate = 9%/2 = 4.5% semi annually
Face Value = $431 721
r = 9%/2 = 4.5%
Journal entries
1 January 2021
Dr Bank $431 721
Cr Bonds Long term Liability $431 721
recording bonds issue
30 June 2021
Dr Interest expense $19427.45
Cr Bank $19427.45
recording the first interest payment. Cash decreases when Payments are made thus we process a credit entry to the bank to indicate that cash is decrease when interest expense is paid
30 December 2021
Dr Interest expense $19427.45
Cr Bank $19427.45
recording the second interest payment
Yes, I have.
“confused problems with symptoms" refers to a situation when we see the side effect of a problem as the most crucial thing to handle rather than the core of the problem itself.
For example, let's say that you cannot find fit clothings because you're overweight. If your solution to this problem is to write a letter of complain to the company and demanding so they could produce suitable sized clothing for you (rather than losing weight), You're confusing problems with the symtoms.
Answer: True
Explanation: Hope This Helps :)