TABLE 15.1 Use the Information for Polaris Corporation to Answer Following Question(s)

question 2

Multiple Choice

TABLE 15.1
Use the information for Polaris Corporation to answer following question(s) .
Polaris is taking out a $5,000,000 two-year loan at a variable rate of LIBOR plus 1.00%. The LIBOR rate will be reset each year at an agreed upon date. The current LIBOR rate is 4.00% per year. The loan has an upfront fee of 2.00%

-Refer to Table 15.1. What is the all-in-cost (i.e., the internal rate of return) of the Polaris loan including the LIBOR rate, fixed spread and upfront fee?

• A) 4.00%
• B) 5.00%
• C) 5.53%
• D) 6.09%

Describe the principles and applications of effective communication strategies within organizations.

Analyze the barriers to effective communication and strategies to overcome them.

Recognize the importance of channel richness in communication and the factors influencing the choice of communication channels.

Understand the role of voice, silence, and listening in organizational communication.

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Definitions:

Budgeting

A financial planning process for projecting revenues, expenses, and savings goals for a specific period of time.

Net Operating Income

The total profit of a business after subtracting operating expenses but before deducting taxes and interest.

Customers Served

The number of unique clients or customers that a business has provided products or services to within a specific period.

Variance

The difference between planned or expected results and actual results in financial and operational metrics.