How long should a cover letter be?
A. Less than one page
B. Two pages
C. Three pages
D. More than four pages
Answer:
A. Less than one page
Why do you think it is important to consider both salary and benefits when applying for a job?
Answer: It is important because an employee needs to have other rights beyond a salary.
Explanation: Although it is true that a person who applies for a job in return receives a salary, many times the work to do for the development and well-being of the company is greater than what he receives. Many people work tirelessly so that the place where they are working can continue to function properly. In many cases, the salary you receive is a salary that may be little and that does not compensate for many things. The benefits give the employee the opportunity to enjoy certain things and thus lighten the burden of him since not everything has to come from salary.
a) Suppose a country is able to produce a maximum of either 300 units of lumber or 100 units of rice. This country is currently allocating its labor resources to produce 75 units of lumber and 75 units of rice. To increase its lumber production by 6 units to 81, the country faces an opportunity cost of
Answer: 2 units of rice
Explanation:
Opportunity cost simply means the real cost of something else that we forgo or benefit lost. .
a) Based on the information given above, the opportunity cost of producing lumber with regards to the units of rice will be:
= 100/300
= 1/3 units of rice
This means that 1/3 unit of rice will be given up for every 1 unit of lumber
To increase its lumber production by 6 units, then the units of rice that'll be sacrificed will be:
= 6 × 1/3
= 2 units of rice
Therefore, country faces an opportunity cost of 2 units of rice.
Lin Land Ltd. (LLL) is considering investing in an apartment complex. The sale price is $450,000 and LLL expects to have positive after-tax cash flows from rents of $20,000 for the next three years. At the end of the third year, LLL anticipates selling the apartment complex for a net after-tax gain on sale of $500,000. If LLL's required return is 15%, should LLL go ahead and purchase the apartment complex?
Answer:
no
Explanation:
we need to determine the npv to know if it is suitable
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
cash flow in year 0 = -450,000
cash flow in year 1 and 2 = 20,000
cash flow in year 3 = 20,000 + 500,000
i = 15%
npv = -75,577.38
Assignment for Intermediate Financial Accounting One Identify the purpose of financial reporting. Describe the qualitative characteristics of accounting information. Identify the elements of financial statements. The following information is available for Inverness Ltd.'s second year in business: Opening merchandise inventory is Br 35,000. Goods are marked to sell at 35% above cost. 1. 2. 3. 4. ● ● • Merchandise purchased totaled Br 600,000. . Collections from customers are Br 420,000. Ending merchandise inventory is Br 225,000. Opening accounts receivable balance is $0. Ending accounts receivable balance is $85,000.
Financial reporting is the process of producing and presenting financial information that is useful to stakeholders in making economic decisions.
What is Financial reporting?The purpose of financial reporting is to provide transparency and accountability to stakeholders, enabling them to assess the financial performance and position of an entity and make informed decisions.
The qualitative characteristics of accounting information are the attributes that make it useful for decision-making. The most important characteristics are understandability, relevance, reliability, comparability, and consistency.
The elements of financial statements are the basic components used to prepare financial reports. The main elements are assets, liabilities, equity, revenues, and expenses.
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You will receive $5,000 one year from now, 6000 three years from now, and 7000 five years from now in real terms. Each payment will be received at the end of the period with the first payment occurring one year from today. The relevant nominal discount rate is 9.625 percent and the inflation rate is 2.3 percent. What are your winnings worth today in real dollars
Answer:
$14,495.56
Explanation:
The value of the earnings today can be determined using a financial calculator.
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $5,000
Cash flow in year 2 = 0
Cash flow in year 3 = $6,000
Cash flow in year 4 = 0
Cash flow in year 5 = $7,000
I = 7.16%
PV =
According to the fisher equation : (1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)
(1.09625) = (1 + real interest rate) x (1.023)
(1 + real interest rate) = 1.09625 / 1.023
real interest rate = 7.16%
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
refers to the perceived benefits, both monetary and nonmonetary, that customers receive from a product compared to the cost associated with obtaining that product. (enter one word in the blank.)
Customer value is the term used to describe the perceived financial and nonfinancial benefits that customers obtain from a product.
Customer value assesses the worth of a good or service and compares it to other alternatives. By doing so, it can be determined whether the customer thought the good or service was worthwhile. Buyer's regret can be clarified using customer value. If consumers think an item's overall cost is more than its benefits, they will regret their purchase. especially if a competitor is offering a better value for a comparable commodity or service than you are. The greatest approach to define customer value is how much a product or service is worth to a customer. Here are several methods through which companies can provide value to improve customer happiness.
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You borrow $6,230 to buy a car. The terms of the loan call for monthly payments for 5 years a rate of interest of 6 percent. What is the amount of each payment?a. $115.26b. $88.74c. $113.78d. $120.44e. $89.29
Answer:
orrow $6230 to buy a car. The terms of the loan call for monthly payments for 5 years a rate of interes… ... of interest of 6 percent.
Explanation:
Sales total Rs. 400,000 when variable costs total Rs.200,000 and fixed costs total $50,000. What is the breakeven point in sales dollars?
When fixed costs are $50,000 and variable costs are Rs. 200,000, sales come to Rs. In terms of sales dollars, $100,000 is the breakeven point.
A breakeven point is defined.Breakeven points are used extensively in business and finance. The output level is what is produced when, in terms of accounting, total production revenue and total production costs are equal. When the purchase price and the market price are equal, this is when an investment reaches its breakeven point. It is known as the breakeven point in options trading when the market price of an underlying asset hits the level at which a buyer would not incur a loss.
Why do we utilize the break-even point?The break-even point is important for business owners since it shows the minimum amount of sales required to make a profit. A business owner can make well-informed decisions about pricing, output levels, and other factors that have an impact on the bottom line by being aware of the break-even point.
Contribution margin percentage = ($400,000 − $200,000) / $400,000 = 50%;
BE sales = $50,000 / 0.5 = $100,000
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20 POINTS!
I need help with putting my two weeks in….
Need to sound professional!
I am currently an intern at a construction office job. I want to say that I have decided to go to esthetician school but appreciate being able to work here as a intern and learn a lot of things these last 6 months.
Thank you!!
2. Ellen went to play golf last week at her favorite course. As she was approaching the first hole, she noticed (1 point)
something different about the flag. When she got closer, she noticed that the flag was advertising a new
bistro that had just opened up in town. This advertising scheme is an example of marketing
O viral
direct
O guerilla
0 sales
Answer:
B.
Explanation:
The flag is simple and direct on where the business is, and what it is about.
The type of marketing that is done based on the new Bistro that has been opened is the sales marketing.
What is sales marketing?This is a type of marketing that intends to sell goods and services and also increase revenue for a business.
The business wants to drive upo its sales so they are advertizing to get as much customers as they can.
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which of the following is true about a trial balance? multiple choice the trial balance shows the change in all account balances over the accounting period. total debit amounts should always equal total credit amounts. only income statement accounts are shown. only balance sheet accounts are shown.
A trial balance is an accounting worksheet where the balances of all ledgers are totaled into equal amounts in the columns for the debit and credit accounts. Hence option B is correct .
WHat is Trial Balance ?A corporation occasionally creates a trial balance, often at the conclusion of each reporting period. To check that the entries in a company's bookkeeping system are mathematically correct, a trial balance is generally produced.
A trial balance is not a complete audit of the accounts; rather, it tests a key component of the books in question. Often, a trial balance is used as the starting point for an audit process.
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Which of the following event occur with a probability zero
Answer:
getting a free beer
Explanation:
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
Machine A Machine B Machine C
Invoice price paid for asset $20,400 $37,300 $22,100
Installation costs 2,300 2,000 600
Renovation costs prior to use 2,900 2,500 1,700
By the end of the first year, each machine had been operating 5,400 hours.
2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Machine Life Residual Value. Depreciation Method
A 9 years $1,300 Straight-line
B 77,000 hours. 3,300 Units-of-production
C 8 years 3,100 Double-declining-balance
CREATE A JOURNAL ENTRY WORKSHEET
Record the depreciation expense for year 1
Answer: Debit Depreciation Expense $11,714 Credit Accumulated Depreciation on : Machine A $3,400, Machine B $2,500 Machine C $5,814
Explanation:
What discount rate would you use to discount the cash flows from the project? Does this adequately capture the risk of investing in Brazil?
Answer: You need more information to answer this question correctly.
Explanation:
Based on the 1 part of the question I would say 10%. Moreover, You wouldn't want to invest in Brazil because their average amount compared to others is low.
explain briefly the negative impact of lack of information by workers to Exxon Mobil
Information is an abstract concept that refers to that which has the power to inform. At the most fundamental level, information pertains to the interpretation of that which may be sensed, or their abstractions.
Information is a stimulus that has meaning for the recipient in a particular situation. Data is the broad term used to describe information that is entered into and stored in a computer.
Information is a fact, idea, or piece of data that is conveyed or described through different forms of communication, including written, oral, visual, and audio.
Information is processed data. Processing raw data produces information. Information is a processed type of data, whereas data is raw and unedited. Information can be stored in many forms, such as text, images, sound, and videos.
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If you were Marshall’s manager how might you increase Marshall’s awareness of the negative impact he is having on his team?
As Marshall's manager, I would increase his awareness of the negative impact he is having on his team by providing specific and constructive feedback on his behavior and its consequences. This would involve having open and honest conversations with Marshall, highlighting examples of how his actions are affecting team morale, productivity, and collaboration.
In order to effectively address Marshall's negative impact on his team, it is important to approach the situation with clarity and professionalism. By providing specific examples of incidents where Marshall's behavior has caused harm, I can help him understand the direct consequences of his actions. This feedback should be delivered in a constructive manner, focusing on the behaviors rather than attacking his character.
By emphasizing the impact on team dynamics, performance, and overall work environment, Marshall can begin to see the need for change. Additionally, it would be beneficial to discuss alternative approaches and provide guidance on how he can improve his interactions with the team. Ongoing feedback and support from me as his manager can help Marshall recognize the negative impact he is having and encourage him to take steps towards positive change.
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If I make 10% commission on all sales, what would my commission be of a sale of $3250
Answer:
$325
Explanation:
10% of 3250
= 3250 × 10%
= 3250 × 10 ÷ 100 [Here, % means dividing by 100]
= 325
Write about a business management theory that you identify with, incorporating real-life examples in your answer.
- Word length requirement is between 200 and 500 words
A business theory that I identify with is the concept of transformational leadership. This approach emphasizes the import of leaders inspiring and motivating their teams to achieve common goals, as against just giving orders and directives.
What real life event is depicted with this theory?Transformational Leadership can be seen in the success of Apple Inc. under the leadership of Steve Jobs and the turnaround of Ford Motor Company under Alan Mulally.
In both examples, the leaders were able to create a shared vision for the organization and inspire their teams to work towards that vision.
Overall, the concept of Transformational Leadership is a powerful one that can assist firms or organizations to achieve extraordinary successes. By inspiring and motivating their teams, leaders can create a shared vision for the organization and taming everyone's efforts towards achieving that vision. This can lead to increased engagement, high productivity, and greatest of all, success.
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A hair salon acquired 100 new customers last year. Cost in the marketing and sales were as follows:
Marketing Costs = $ 1,000
Sales Costs = $ 10,000
Salaries = $ 96,000
What was the customer acquisition cost?
If a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000 and Salaries $96,000.What the customer acquisition cost will be is $1,070
Using this formula
Customer acquisition cost=Sales costs+ Marketing costs +Salaries ÷ Number of customers acquired
Where:
Marketing Costs =$1,000
Sales Costs = $10,000
Salaries = $96,000
Number of customers acquired=100
Let plug in the formula
Customer acquisition cost=$1,000+$10,000+$96,000÷100
Customer acquisition cost=$107,000÷100
Customer acquisition cost=$1,070
Inconclusion if a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000 and Salaries $ 96,000. What the customer acquisition cost will be is $1,070
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Answer:
The answer is $10 dollars
Explanation:
I took a test and got it right
On January 31, 2016, Charlie Company paid employees $6,500 for January wages earned. Prepare the general journal entry (without explanation) needed. If no entry is required then write "No Entry Required."
Answer:
Jan, 31
DR Wages and Salaries Expense ..................................... $6,500
CR Cash .............................................................................................$6,500
( To record wages paid to employees)
Wages are expenses and so are debited when they increase.
Cash was used to pay the wages therefore it decreased and as an asset it is to be credited when it decreases.
The Federal Reserve System of the United States is responsible for the conduct of U.S. ________ policy. bank control
Answer:
monetary policy.
Indiana Company began a construction project in 2024 with a contract price of $161 million to be received when the project is completed in 2026. During 2024, Indiana incurred $36 million of costs and estimates an additional $86 million of costs to complete the project. Indiana recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed.
Indiana recognized a gross profit of -$15.8 million on the project in 2025 according to the percentage of the project that has been completed
Costs incurred in 2024 plus anticipated costs to finish in 2024 plus expenses incurred in 2025 plus expected costs to complete in 2026 equals the project's total estimated cost. The project's anticipated total cost is $31 million plus $81 million plus $54 million plus $36 million. The project is expected to cost $202 million in total. Contract price equals the total estimated revenue to be recognized. $164 million is the expected total revenue that will be recorded. The percentage of the project that was finished in 2025 must then be determined. Costs incurred in 2024 plus expenses incurred in 2025 / total expected cost of the project is the percentage of the project that is finished in 2025. Project completion percentage in 2025 equals $31 million plus $54 million / $202 million. Project completion rate in 2025: 41.58% By calculating the percentage of the project finished in 2025 by the overall expected gross profit on the project, we can finally get the gross profit recognized in 2025. Overall projected income to be recognized less total estimated project costs equals the project's estimated total gross profit. The project's expected total gross profit ranges between $164 million to $202 million. The project's expected total gross profit is $-38 million (negative indicates a loss) Gross profit recognized in 2025 equals the project's expected total gross profit multiplied by the proportion of the work completed in 2025. Gross profit realized in 2025 equals 41.58% times a loss of $38 million. In 2025, gross profit will be $15.6 million lower.
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19. If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid?
List and explain a good customer service example
Good customer service attributes are
Knowing your goods and personnel Responding quickly to consumer queries and complaintsGoing the extra mile to make clients feel specialThis is further explained below.
What is customer service?Generally, Customer service refers to the support and guidance that a business offers to individuals who purchase or make use of the goods or services that it offers.
Every sector has its own unique standards for customer service, but in the end, a successful service should be measured by its ability to boost earnings.
In conclusion, Ensure that you and your personnel have enough understanding of the things that you provide for sale.
Being ready to answer queries from customers and providing a fast response (even when the feedback is unfavorable).
Going above and beyond what is expected to ensure that the client is satisfied and feels like a valued member of the company
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What are the values of entrepreneurship
Answer: what r value of entrepreneurship
Explanation: Bravery. In recognizing and pursuing and opportunity, an entrepreneur requires bravery. ...
Vision. Vision guides the entrepreneur through the business planning process, clarifying the opportunity and setting goals for the organization. ...
Respect for self and others. ...
Trust. ...
Honesty. ...
Generosity. ...
Fortitude. if thats what u mean by this question
8. Pure Expectations Theory
I completed this question on the Pure Expectations Theory... is it correct?
The statement that are consistent with the pure expectations theory of the yield curve are:
Long-term interest rates are based on expectations of what short-term interest rates will be in the future.An upward-sloping yield curve implies that the market thinks short-term interest rates are going to be higher in the future than they currently are.A flat yield curve suggests that the market thinks interest rates in the future will be the same as they are today.An inverted yield curve suggests that the market thinks short-term interest rates in the future will be lower than they are today.What is the pure expectations theory of the yield curve?According to the Pure Expectation Theory, the various maturities are substitutes, and the shape of the yield curve is determined by the market's expectation of future interest rates.
This theory states that yields change over time, but it fails to define the specifics of yield curve shapes. This theory disregards interest rate and reinvestment risk.
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drag and drop the steps of the DG pickup process into the correct order then click submit
The steps of the DG pickup process which are put into the correct order are as follows:
Download and Install the DG applicationMake enquiries on whether the particular store makes use of DG pickupMake an order and reserve a time slotAdd the items to the virtual cartPut the digital coupons of the DG pickupCheckoutWhat is a Pickup Service?This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.
With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.
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Which of the following costs would be applied to manufactured inventory under variable costing? Select one: A. Cost of raw materials B. Salary of factory manager C. Rental payments on administrative offices D. Commissions to sales persons E. Rental payments on factory
Which attribute of a photographer will a portfolio convey?
A.diplomacy
B.versatility
c.generosity
D.sincerity
Answer:
The answer is B. versatility.
Explanation:
I took the test on Edmentum and got it right.