Miller Corporation had retained earnings of $8,100,000 on January 1, 2019. After considering net income of $1,400,000 and dividends declared of $400,000, the retained earnings on December 31, 2019, were $9,100,000.
To calculate Miller Corporation's retained earnings on December 31, 2019, we need to consider the changes in retained earnings during the year.
Retained earnings on January 1, 2019: $8,100,000
Net income for 2019: $1,400,000
Dividends declared: $400,000
Issuance of common stock: $1,110,000
To find the retained earnings on December 31, 2019, we can use the following formula
Retained Earnings = Retained Earnings (Jan 1, 2019) + Net Income - Dividends
Retained Earnings = $8,100,000 + $1,400,000 - $400,000
Retained Earnings = $9,100,000
Therefore, Miller Corporation's retained earnings on December 31, 2019, were $9,100,000.
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Bitcoin is worth it?
how
has covid 19 affect sickle cell with hospital financial
strain
The financial strain caused by the COVID-19 pandemic has had an impact on the management and treatment of sickle cell disease in hospitals.
Hospitals have faced resource constraints, including limited staff, equipment, and funding, which can affect the quality and accessibility of care for individuals with sickle cell disease. This may lead to challenges in providing timely and comprehensive treatment, monitoring, and support services for patients with sickle cell disease, potentially impacting their overall health outcomes. The financial strain on hospitals has highlighted the need for continued investment and support in healthcare systems to ensure the provision of adequate care for individuals with chronic conditions like sickle cell disease.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answer:
Number 1
Explanation:
Number 1 is correct
difference between moa and aoa?
Answer:
AOA is a set of rule and regulations to govern the company's working. 2. MOA defines objectives, powers and constraints of the organization as a whole. AOA describe powers, duties, rights and liabilities of individuals associated with the organization (like members of the Board of Directors).
Explanation:
i hope i helped <3
How Social Media can Destroy Your Finances
Answer:
You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances
Which characteristic gives the term preference shareholder its distinct name?
Preferred shareholder gets its name from its unique feature that shareholders of such shares are given first preference in terms of payment in case the business_____.
Answer: dividends
Explanation:
Dividends are not liability of the firm. The preferred dividends are differed. The dividends and preferred dividends must be paid to the individual stakeholders so that equal share share can reach out to the individual owner before the common shareholders can receive any monetary gain. Dividends are the taxes that are not included in the business expenses but it is included as corporate tax. The dividends by the shareholders are included with the tax.
Answer:
shuts down
Explanation:
Which of the following describes the path–goal theory? ANSWER Unselected Identifies leadership style by measuring whether a person is task oriented or relationship oriented Unselected States that successful leadership depends on selecting the right leadership style contingent on the follower’s readiness Unselected Proposes that effective group performance depends on the proper match between the leader’s style and the degree to which the situation gives the leader control Unselected Suggests that it’s the leader’s job to provide followers with information, support, or other resources necessary to achieve goals
Answer:
I. The least preferred co-worker (LPC) questionnaire.
II. The situational leadership theory (SLT).
III. Fiedler contingency model.
IV. Path-goal theory.
Explanation:
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.
Some types of power expressed by leaders are referent power, coercive, etc.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.
I. The least preferred co-worker (LPC) questionnaire: identifies leadership style by measuring whether a person is task oriented or relationship oriented.
II. The situational leadership theory (SLT): states that successful leadership depends on selecting the right leadership style contingent on the follower’s readiness.
III. Fiedler contingency model: proposes that effective group performance depends on the proper match between the leader’s style and the degree to which the situation gives the leader control.
IV. Path-goal theory: suggests that it’s the leader’s job to provide followers with information, support, or other resources necessary to achieve goals
g xyz corp expects to earn $4.0 per share next year and plow back 37.5% of its earnings (i.e., it expects to pay out a dividend of $2.5 per share, representing 62.5% of its earnings). the dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $30 per share. how much of the stock's $30 price is reflected in present value of growth opportunities (pvgo) if the investors' required rate of return is 20%?
The present value of growth opportunities (PVGO) for g xyz corp's stock is $10.
To calculate the PVGO, we first need to find the stock's dividend discount model (DDM) value. Here's a step-by-step explanation:
1. Calculate the dividend in the next year (D1): Since the company expects to pay a dividend of $2.5 per share, D1 = $2.5.
2. Determine the required rate of return (r): The investors' required rate of return is given as 20% (0.2).
3. Calculate the sustainable growth rate (g): The company plows back 37.5% of its earnings. The payout ratio is 62.5% (1 - 37.5%). With earnings per share (EPS) of $4.0, the growth rate (g) = EPS × retention ratio = $4 × 37.5% = $1.5.
4. Find the DDM value (P0): Using the Gordon Growth Model, P0 = D1 / (r - g) = $2.5 / (0.2 - 0.0375) = $2.5 / 0.1625 = $15.385.
5. Calculate the PVGO: Subtract the DDM value from the stock's current price: PVGO = $30 - $15.385 ≈ $10.
Thus, $10 of the stock's $30 price is reflected in the present value of growth opportunities.
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How do 'power' and 'identity' come into play in the way in which dinner parties were planned and executed in a Southern American plantation, according to Kelly Fanto Deetz?
Power and identity influenced the planning and execution of dinner parties on Southern American plantations, showcasing social hierarchies.
As per Kelly Fanto Deetz, power and character assumed critical parts in the preparation and execution of evening gatherings on Southern American estates. Power was obvious in the social ordered progression of the ranch framework, where the estate proprietor held a definitive power and control.
The evening gatherings gave a stage to the estate proprietor to exhibit their influence, riches, and societal position through extreme eats and luxurious showcases.
Character was additionally interlaced with these occasions, as they supported and propagated the social personalities and jobs inside the estate society. Subjugated people frequently assumed fundamental parts in the readiness, serving, and amusement during these evening gatherings, further underlining the power elements and racial ordered progressions present.
The evening gatherings turned into a method for the ranch proprietor to declare their power and control while at the same time building up the personalities and jobs of both the oppressed people and the grower class.
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how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
To market Suave shampoo, Unilever used PRIZM to identify neighborhoods with high concentrations of young working women. These women responded best to advertisements conveying the message that Suave is inexpensive, yet will make their hair "look like they spend a fortune on it." What segmentation tool did Unilever use in this example
Answer: Geodemography
Explanation:
Geodemography is used in market and it occurs when the marketplace of the consumers are divided into segments
thar will be reachable and locatable to the consumers who live around that particular neighborhood.
Based on the analysis explained in the question above, this is the segmentation tool that was utilized by Unilever.
What kind of business was formed by Ken and Ryan
Answer:
Ryan Gosling and Ken Kao (The Nice Guys) have formed a new film and TV production company called Arcana and are collaborating on their first project: The Favourite from The Lobster director Yorgos Lanthimos which stars Gosling's La La Land's co-star Emma Stone along with Rachel Weisz and Olivia Colman.
Explanation:
The price (P) of designer jeans is affected by the supply (S) and the demand (D). Which of these represents an equilibrium price for designer jeans? The arrow pointing to D2 The intersection of P1 and Q1 The line marked D1 The line marked S.
The intersection of P1 and Q1 represents the equilibrium price for designer jeans.
In the scenario described, the equilibrium price is determined by the point at which the supply and demand curves intersect. The equilibrium price is the price at which the quantity demanded (Q) equals the quantity supplied (S). In this case, the intersection of P1 and Q1 represents the point at which the market for designer jeans is in equilibrium.
At this price, the quantity demanded by consumers matches the quantity supplied by producers, resulting in a balance between supply and demand. Therefore, the intersection of P1 and Q1 is the equilibrium price for designer jeans.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Why are entrepreneurs essential to the success of a free enterprise economy?
Answer:
they help the market respond to changing prices and consumer preferences.
Explanation:
Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.
according to obra, what is the minimum number of employees required to constitute a large group?
According to Obra, a minimum of 100 employees is required to constitute a large group.
Small groups include businesses with two to fifty full-time employees. For major organizations, more than 50 individuals work full-time.
Businesses with less than 200 employees frequently mandate that all parents enroll their kids. Part-time employees are not eligible for group health insurance. Even so, you can be qualified for employee health insurance if your company has less than 7 employees, but the bulk of them are employed part-time.
Small company health insurance is only available to businesses with between one and 50 employees. It qualifies as a small business for the purpose of receiving group health insurance. If you have more than 50 employees, you should apply for huge group insurance.
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a. Explain the definition of interim payment.b. All contents in a contract describes rights and obligations of parties under the contract. Those contents can be in
a. Interim payment: Partial payment made during a project before its completion to cover ongoing expenses and maintain cash flow.
b. Contents in a contract: Provisions in a contract that outline the rights and obligations of the parties involved.
Interim payment refers to a partial payment made to a contractor or subcontractor during the course of a project. It ensures that the contractor has sufficient funds to cover expenses and maintain cash flow while the project is still ongoing. Interim payments are typically based on the progress or work completed at a specific stage of the project.
The contents of a contract include all the provisions and terms that define the rights and obligations of the parties entering into the contract. These provisions can cover various aspects such as scope of work, payment terms, delivery schedules, warranties, dispute resolution mechanisms, and other relevant contractual terms. The purpose of including these contents in a contract is to establish a clear understanding between the parties, ensure compliance with agreed-upon terms, and provide a legally binding framework for the execution of the contract.
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Ethics Case Study Question #4. Analyze the decisions made by
these two women using the cardinal virtues and accounting codes of
conduct.
To understand and evaluate the choices made by the two women in the ethics case study using moral values and professional rules, one must have clear information about the case and what the people did.
What is the codes of conduct.The Cardinal Virtues in decision making are
a. Prudence
b. Justice
Note that the cardinal virtues are principles that help us make good choices by guiding our moral behavior. These virtues come from Greek philosophy and are important for making ethical decisions.
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Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
In case of normal goods, demand curve shows a) Negative slopes b) positive slopes c) Zero slopes d) none of these
Answer:
a. Negative slopes
Explanation:
A negative slopes indicate that there exist a negative relationship between price and quantity demanded of a particular good. This means that when price falls, more units of goods will be purchased by the consumer and vice versa.
A normal good is a type of good whose demand increases as a result of increase in consumer's income. In other words, the higher the income, the higher the quantity demanded of such good by the consumer and vice versa.
It follows that when there is an increase in wage or income of a consumer , more goods will be purchased by them except if there is an increase in the price of such good . When there is price increase for such good, consumer will switch to a substitute good.
Purchasing & Inventory Control Math Quiz
QUESTION 1 of 10: You begin the week with 30 units of orange juice. You purchase 50 units. Your ending inventory for the week is 30 units.
How many units did you sell?
0000
a) 5
b) 15
c) 49
d) 50
Towards the end, 50 units had been sold.(option d)
How would you define inventory?The items and supplies that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities. All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the paper will be regarded as inventory if a paper vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.
Inventory sold = 30 + 50 - 30 = 50.
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who made the effective contribution in the field of sience and arts during the renaicence
Answer:
Leonardo da Vinci, Raphael, and Michelangelo are considered the artists who reached the greatest achievements in art during the Renaissance. The Renaissance stressed harmony and beauty and no one could create more beautiful works than the great three artists listed above.
3.1 Explain the shapes of the marginal and average cost curves of afirm.Use a diagram to support your answer.3.2 Discuss why a firm’saverage total cost curve differs in the long-run and short-run.Use an example of a contemporary firm to motivate your answer.
The marginal cost curve (MC) is typically shaped as a U-curve, beginning high when the production of goods is low and decreasing as production grows. The marginal cost intersects with the average total cost at the minimum point of average total cost.
The average cost curve is U-shaped, as well, but unlike the marginal cost curve, the average cost curve intersects the average variable cost curve and the average fixed cost curve. Thus, the U-shaped average cost curve is the summation of the U-shaped average variable cost curve and the horizontal average fixed cost curve.
Average total cost (ATC) has a distinctive U-shape in the short run, indicating that as production increases, costs initially fall before rising again. However, in the long run, the firm has the freedom to change its plant size (the size of the production unit) and can eliminate any fixed expenses. As a result, the long-run ATC curve is flat at its minimum point and shows the lowest possible cost at any level of production. In the long run, a company can modify any of its inputs, and as a result, its total costs will be lower. The ATC curve, unlike the short-run ATC curve, may be L-shaped or falling in the long run. A company can eliminate any unnecessary costs and optimize its efficiency by making changes in its production process.
Let's take Apple as an example. It has a short-run ATC curve that is U-shaped since it can't modify any of its inputs like its factories, which leads to rising average costs as production increases. In the long run, Apple's ATC curve is L-shaped, indicating that it is more effective in producing items than in the short run. When Apple produces items at a greater scale, its manufacturing costs decrease as a result of economies of scale, which lowers its average cost of production.
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The market risk associated with an individual stock in a portfolio is most closely identified with the
A) Standard deviation of the returns on the stock.
B) Standard deviation of the returns on the market.
C) Beta of the stock.
D) Coefficient of variation of returns on the stock.
E) Coefficient of variation of returns on the market
The stock's beta is most directly correlated with the market risk that is related to each individual stock in a portfolio.
How much market risk does the portfolio have?The term "market risk," which is also referred to as "interest rate risk," describes the impact that fluctuating interest rates have on the present value of a fixed-income instrument. Interest rates and price move in opposite directions. A security's value decreases when interest rates rise.
Is the portfolio's risk equal to the mean of the standard deviations of its stocks?The weighted average of the portfolio's securities' standard deviations is used to calculate the risk level of the portfolio. This feature of portfolios enables investors to mix equities and so lessen the riskiness of their holdings.
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Television advertising offers many advantages to national advertisers, but it is a relatively ______ form of advertising
Television advertising offers many advantages to national advertisers, but it is a relatively expensive form of advertising.
Advertisement is used by companies to promote their products and make people aware of such products. There are different forms of advertisement such as through television, radio, newspaper, etc.
Television advertising is typically desirable but costly to produce the advertisement. It's desirable but expensive to buy time. Despite its advantages, it's costly.
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Add another data series to the chart to represent gross profit.
To add a new data series to an existing chart, you first need to select the chart by clicking on it. Then, you should see a "Chart Tools" menu appear at the top of your Excel window. From there, select the "Design" tab and click on "Select Data".
Sure, I'd be happy to help you add another data series to your chart to represent gross profit. Adding additional data series to a chart can help you convey more information and insights to your audience. To add a new data series to an existing chart, you first need to select the chart by clicking on it. Then, you should see a "Chart Tools" menu appear at the top of your Excel window. From there, select the "Design" tab and click on "Select Data". In the "Select Data Source" dialog box that appears, click on the "Add" button to add a new data series. You'll then be prompted to enter the range of cells that contains your gross profit data. You can also give your data series a name by typing it into the "Series name" field. Once you've added your new data series, you can customize the appearance of the chart by selecting the data series and clicking on "Format Selection" in the "Chart Tools" menu. You can change the color, style, and other visual properties of the data series to make it easier to distinguish from other series on the chart. By adding a new data series to represent gross profit, you'll be able to see how your profits are changing over time, which can help you make more informed decisions about your business. I hope this helps!
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According to the graph above, if the price of coffee falls while the consumer is in equilibrium at point a, which of the following will occur?
a) The indifference curve shifts to the right
b) Consumer balance does not change.
c) The budget line shifts. to the right only on the horizontal axis.
d) The consumer can buy more shoes with all of his income.
whats the different between income effect and substitution effect
The substitution effect looks at the change in price of a good relative to other goods. The income effect looks at how a change in price affects real disposable income.
What is the income and substitution effect?The two effects that lead to a change in the quantity demanded of a good are the income and the substitution effects.
If the price of a good rises, the good becomes more expensive relative to its substitutes. Consumers now consume less of the good and more of the substitute. This leads to a movement up along the demand curve for that goods and not a movement along the demand curve for the good and not a shift of the demand curve. This is the substitution effect.
The income effect looks at the change in the price of a good on real disposable income. If the price of a good increases, the real purchasing power of a consumer declines holding income constant. As a result, the consumer would have to reduce the quantity of the good demanded.
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The comparative balance sheets of Riverbed Inc. at the beginning and the end of the year 2020 are as follows. RIVERBED INC. BALANCE SHEETS Dec. 31, 2020 Jan. 1, 2020 Inc./Dec. Assets Cash $ 48,220 $ 16,220 $32,000 Inc. Accounts receivable 95,670 89,450 6,220 Inc. Equipment 43,670 23,450 20,220 Inc. Less: Accumulated Depreciation-Equipment 21,670 11,000 10,670 Inc. Total $165,890 $118,120 Liabilities and Stockholders’ Equity Accounts payable $ 24,670 $ 16,450 8,220 Inc. Common stock 103,220 81,450 21,770 Inc. Retained earnings 38,000 20,220 17,780 Inc. Total $165,890 $118,120 Net income of $48,670 was reported, and dividends of $30,890 were paid in 2020. New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) RIVERBED INC. Statement of Cash Flows choose the accounting period select an opening name for section one select an item $enter a dollar amount Adjustments to reconcile net income to select an opening name for subsection one select an item $enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount enter a total amount for subsection one select a closing name for section one enter a total amount for section one select an opening name for section two select an item enter a dollar amount select an opening name for section three select an item enter a dollar amount select an item enter a dollar amount select a closing name for section three enter a total amount for section three select an item enter a total amount for three sections select an item enter a dollar amount select a closing name for this statement $enter a total of the two previous amountS
The net increase in cash for the year 2020 is calculated by adding the cash provided by operating activities, cash used in investing activities, and cash provided by financing activities:
$65,560 + (-$43,670) + $52,660 = $74,550
Therefore, the net increase in cash for the year 2020 is $74,550.
To prepare the statement of cash flows for Riverbed Inc. for the year 2020, we need to consider the changes in cash flows from operating activities, investing activities, and financing activities.
1. Operating Activities:
- Net income for the year 2020 was $48,670.
- Adjustments to reconcile net income:
a. Depreciation expense: The increase in accumulated depreciation of equipment from $11,000 to $21,670 indicates a depreciation expense of $10,670.
b. Increase in accounts receivable: Accounts receivable increased by $6,220.
- Cash provided by operating activities (subtotal for Section One):
Net income + Depreciation expense + Increase in accounts receivable
= $48,670 + $10,670 + $6,220
= $65,560
2. Investing Activities:
- Purchase of new equipment: The increase in equipment from $23,450 to $43,670 indicates the purchase of new equipment. No equipment was sold.
- Cash used in investing activities (Section Two):
Purchase of new equipment
= $43,670
3. Financing Activities:
- Payment of dividends: Dividends of $30,890 were paid.
- Issuance of common stock: Common stock increased by $21,770.
- Cash provided by financing activities (Section Three):
Payment of dividends + Issuance of common stock
= $30,890 + $21,770
= $52,660
In conclusion, the statement of cash flows for Riverbed Inc. for the year 2020 is as follows:
RIVERBED INC. Statement of Cash Flows
For the Year Ended December 31, 2020
Operating Activities:
Net income $48,670
Depreciation expense $10,670
Increase in accounts receivable $6,220
Cash provided by operating activities $65,560
Investing Activities:
Purchase of new equipment $(43,670)
Cash used in investing activities $(43,670)
Financing Activities:
Payment of dividends $(30,890)
Issuance of common stock $21,770
Cash provided by financing activities $52,660
Conclusion:
The net increase in cash for the year 2020 is calculated by adding the cash provided by operating activities, cash used in investing activities, and cash provided by financing activities:
$65,560 + (-$43,670) + $52,660 = $74,550
Therefore, the net increase in cash for the year 2020 is $74,550.
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If you’re still enrolled in school, but are looking for a job, on your resume you should highlight:
A) Your favorite extracurricular activities B) How well your school is doing in sports this season C) Classes you are taking, especially those relevant to the job you’re trying to get D) Your favorite teachers’ names
Answer:
The answer is C. becuase u want things u excell in which means are better at then any ither thing!
Explanation:
Answer:
C. Classes you are taking, especially those relevant to the job you’re trying to get