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3 years ago

Who is most likely to draw the highest salary?

Business

2 answers:

sattari [20]3 years ago

8 0

Answer:

the answer would be c

Explanation:

i think it would be c because an associates degree is higher than a graduates and a diploma.

sweet-ann [11.9K]3 years ago

3 0

The correct answer is B. Vincent has a graduate degree.

Explanation:

Salary varies according to multiple factors that include the company you are working for, the position you have, and your experience or education. In the case of education, master's and doctoral's degrees are related to higher salaries, this occurs because these educational programs can only be completed after a bachelor's or similar degree, and are considered as graduate/professional degrees. On the other hand, undergraduate degrees including a bachelor or associate degree have lower salaries than graduate degrees because they involve less education and are completed after high school.

This implies the person that is likely to draw the highest salary is Vincent because he has a graduate degree that is superior to undergraduate degrees such as bachelor's or associate's degrees and high school diplomas.

You might be interested in

The May transactions of Hanschu Corporation were as follows.

romanna [79]

Answer and Explanation:

The journal entries are as follows:

On May 4

Account payable $600

To cash $600

(Being cash paid is recorded)

On May 7

Account receivable $6,500

To service revenue $6,500

(being service on account is recorded)

On May 8

Supplies $800

To Account payable $800

(being supplies purchased on account)

On May 9

Equipment $1,000

To cash $1,000

(being cash paid)

On May 17

Salary expense $500

To cash $500

(being cash paid)

On May 22

Repair expense $800

To Account payable $800

(Being received bill for repairing of an equipment is recorded)

On May 27

Prepaid rent $1,100

To cash $1,100

(Being cash paid is recorded)

5 0

2 years ago

Osawa, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. Variabl

kompoz [17]

Answer:

The correct answer is C.

Explanation:

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

We need to calculate the net operating income:

Sales= 120,000*40= 4,800,000

Total variable cost= (20 + 10)*120,000= (3,600,000)

Total contribution margin= 1,200,000

Fixed manufacturing costs= (600,000)

Fixed operating (nonmanufacturing) costs= (400,000)

Net operating income= 200,000

6 0

3 years ago

Williams Company purchased a machine costing $28,300 and is depreciating it over a 10-year estimated useful life with a residual

GenaCL600 [577]

Answer:

$3,160

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset .

Given that Williams Company purchased a machine costing $28,300 and is depreciating it over a 10-year estimated useful life with a residual value of $3,300,

Annual depreciation

= ($28,300 - $3,300)/10

= $2,500

At the beginning of the eighth year, a major overhaul on it was completed at a cost of $8,300,

Net book value at the beginning of the eighth year (before overhauling)

= $28,300 - 7($2,500)

= $10,800

Capitalizing the overhaul cost,

Net book value at the beginning of the eighth year (after overhauling)

= $10,800 + $8,300

= $19,100

Given that the total estimated useful life was changed to 12 years with the residual value unchanged,

Depreciation for the eighth year

= ($19,100 - $3,300)/5

= $15,800/5

= $3,160

7 0

3 years ago

3)You have won a contest and are allowed to choose between two prizes. One option is to receive$200 today and another $200 one y

vekshin1

Answer:

C)25 percent

Explanation:

Present value is the sum of discounted cash flows.

The interest rate where the present value of the two two prizes would be identical can be found using a financial calculator and trial and error method.

Option A :

Cash flow for year zero = $200

Cash flow for year one = $200

Present value when I is 0 = $400

Present value when I is 5 = $390.48

Present value when I is 10 = $381.82

Present value when I is 25 = $360

Option B

Cash flow in year 0 =$100

Cash flow in year 1 = $325

Present value when I is 0 = $425

Present value when I is 5 = $409.52

Present value when I is 25 = $360

Present value when I is 10 = $395.45

It can be seen that it's at 25% that both cash flows would be equal.

To find the PV using a financial calacutor:

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

I hope my answer helps you

8 0

3 years ago

skad [1K]

An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

6 0

3 years ago