________ refers to how standardized an organization's jobs are and the extent to which employee behavior is guided by rules and procedures

Jorge Cabrera paid $980 for a 15-year bond 10 years ago. The bond pays a coupon of 10 percent semiannually. Today, the bond is priced at $1,054.36. If he sold the bond today, what would be his realized yield?

A) 12% B) 8% C) 11% D) 9%

On December 1, 2017, Summit, Inc sold machinery to a customer for $24,000

The customer could not pay at the time of sale but agreed to pay 11 months later and signed a 11-month note at 11% interest. How much interest revenue was earned during 2018? (Round your answer to the nearest dollar.) A) $1,320 B) $2,640 C) $2,420 D) $2,200