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4 years ago

Who is most likely to draw the highest salary?

Business

2 answers:

sattari [20]4 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]4 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.

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Mitchell Corporation bought equipment on January 1, 2017. The equipment cost $300,000 and had an expected salvage value of $50,0

docker41 [41]

Answer:

$250,000

Explanation:

The depreciable cost of the equipment is the amount that will be used to provide for depreciation on the asset also known as Depreciable Amount.

<em>Depreciable Cost = Cost - Salvage Value</em>

therefore,

Depreciable Cost = $300,000 - $50,000 = $250,000

8 0

3 years ago

A company issues $100,000 face value, zero-coupon, 4-year U.S. corporate bonds on January 1, 20XO, when the market rate for simi

aivan3 [116]

Answer:

Amount = Maturity/(1+risk rate)⁴

Amount = $100,000/(1+0.12)⁴

Amount = $63,552 (Approx)

Interest payable = $63,552 x 0.12

Interest payable = $7,626 (Approx)

Interest payable (2nd period) = ($63,552+$7,626) x 0.12

Interest payable (2nd period) = $8,541 (Approx)

Explanation:

JOURNAL ENTRY

BOOKS OF (.....)

Date Account title Debit Credit

Cash a/c Dr $63,552

To Bonds payable a/c $63,552

1st-period

Bond Interest a/c Dr $7,626

To Bonds payable a/c $7,626

2nd-period

Bond Interest a/c Dr $8,541

To Bonds payable a/c $8,541

6 0

3 years ago

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 30,000 shares authorized, 15,0

Natasha_Volkova [10]

Answer:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

Explanation:

Preparation of the journal entry to record the dividend declaration

Based on the information given we were told that the Corporation declared the amount of $0.50 per share cash dividend on common shares in which 12,000 shares of the common stock are outstanding, hence The journal entry to record the dividend declaration is:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

(12,000*$0.50)

5 0

3 years ago

What is a lease? help me please

SOVA2 [1]

Its like renting but you have the option to buy at the end i believe.

4 0

3 years ago

Read 2 more answers

You own a coal mining company and are considering opening a new mine. The mine will cost $120 million to open. If this money is

GalinKa [24]

Answer: B. There are two IRRs so you cannot use the IRR as a criterion for accepting the opportunity.

Explanation:

The Internal Rate of Return can be useful in capital budgeting to enable a company know if an investment will be profitable. It is defined as the discount rate that causes the Net Present Value(NPV) to be zero. If the IRR is greater than the required return then the project should be accepted as it will have a profitable NPV.

IRR has some problems however and one of them is reflected here. There can sometimes be two IRRs and when this happens, using IRR as a viability measure cannot be done because a single rate is needed for comparison with the required return.

4 0

3 years ago