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2 years ago

What is a caterer what is his job

1 answer:

6 0

A caterer is someone who arranges the delivery, preparation and presentation of food for clients. If you've ever attended a bridal shower, fund raiser, rehearsal dinner, wedding reception or a bar mitzvah that had beautifully prepared and presented food, chances are that event was catered.

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On January 1, Puckett Company paid $2.97 million for 99,000 shares of Harrison’s voting common stock, which represents a 40 perc

Ira Lisetskai [31]

Answer:

Balance of Harrison's Investment in Puckett's Financial Records

= $2,905,000

Explanation:

To calculate the balance of Harrison's account in Puckett's financial records the following steps are applied.

Step 1: Calculate the percentage of reported Income that accruees to Harrsion in Puckett

=Reported Net Profit x Percent Investement of Harrison in Puckett

= $580,000 x 0.40= $232,000

Step 2: Calculate the Dividend Accrued to Harrison's Common Stok basd on the $3 dividend per share declared

= Total Number of Shares for Harrison x $3

=99,000 Shares x $3= $297,000

Final Step: Calcuate the balance of Harrision's Investment in Puckett

= Amount paid for 99,000 stock + Percentage of Reported Income Accrued to Harrison- Harrison's portion of Dividend declared

= $2,970,000 + $232,000- $297,000

= $2,905,000

7 0

3 years ago

Carmel Corporation is considering the purchase of a machine costing $41,000 with a 8-year useful life and no salvage value. Carm

Andru [333]

Answer:

E. $20,500

Explanation:

The average investment is defined as the average between the initial investment and the salvage value of the equipment.

In this situation, Carmel Corporation had an initial investment of $41,000 for the machine and its salvage value is zero. Therefore, Carmel's average investment is:

$AI = \frac{\$41,000+0}{2} \\AI = \$20,500$

The answer is alternative E. $20,500

3 0

3 years ago

You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre

vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0

3 years ago

Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $0.65 at the end of the year. Its div

Korolek [52]

Answer:

option 14.92%

Explanation:

Data provided in the question;

Expected annual dividend to be paid = $0.65

Expected growth rate = 9.50%

Walter’s stock currently trades = $12.00 per share

Now,

Expected rate of return = $\frac{\textup{Expected dividend}}{\textup{Stock price}}\times100\%$ + Growth rate

Expected rate of return = $\frac{\$0.65}{\$12.00}\times100\%$ + 9.50%

Expected rate of return = ( 0.054167 × 100% ) + 9.50%

Expected rate of return = 5.4167% + 9.50%

Expected rate of return = 14.9167 ≈ 14.92%

Hence, the correct answer is option 14.92%

4 0

3 years ago

Andre works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development t

gtnhenbr [62]

Answer:

Intrapreneurs

Explanation:

An intrapreneur is an employee who is responsible for creating new products in an organization. An intrapreneur is an individual who converts an idea into a finished product. An intrapreneur must possess the ability to create something unique, they must be self motivated individuals who are willing to take calculated risks inorder to achieve their goals.

An intrapreneur possess entrepreneurship skills, they must be able to inspire other employees to create something new because an organization will loose it's relevance if new products are not developed.

6 0

2 years ago