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pogonyaev
4 years ago
6

Indentify the recommended actions for success in informational interviews

Business
1 answer:
andrezito [222]4 years ago
3 0

Answer:

The recommended actions for success in informational interviews are;

1. Dress neatly and arrive on time

2. Let him/her talk about himself briefly

3. Ask elaborate questions about the career

Explanation:

An informational interview can be defined as a brief conversation with a pioneer in a professional career that you consider pursuing. They can be considered as a short summary of what that particular profession entails and how to succeed in that particular field. Informational interviews are form a very integral part of a networking plan, especially if you want to consider those specific careers. The following actions can be taken towards a successful informational interview;

1. Dress neatly and arrive on time

This gives the impression that you take the interview seriously and that you are responsible. Always remember first impressions matter

2. Create a personal relationship

Most people are always excited about talking about themselves especially if they know that someone else thinks that their career choice is interesting. This gives the interviewee a kind of personal space to talk about their personal choices. This helps relieve tension and makes him/her open up more which creates a personal relationship.

3. Ask elaborate questions about the career

This is the point where one needs to ask challenging questions that has been thoroughly researched so that you sound interested and committed towards the career path. The interviewee will feel respected.

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James Smith, the CFO of Blossom Automotive, Inc., is putting together this year's financial statements. He has gathered the foll
xeze [42]

Answer:

Long term debt is $ 166,621

Explanation:

Firstly, we have to classify the available data into their correct headings.

Assets

Cash                                                          $   23,015

inventory                                                   $ 210,000

Accounts Receivable                               $ 141,258

Other current assets                                $   11.223

Plant and Equipment (Net)                      $ 710,000

Goodwill and other assets                      <u>$   78,656</u>

Total Assets                                            <u>$ 1,174,152</u>

<u></u>

Liabilities

Accounts Payable                                    $   163,257

Short term notes payable                        <u>$     21,115</u>

Total liabilities without long term debt   <u>$   184,372</u>

<u></u>

Stockholders equity

Common stock                                         $ 311,000

Retained earnings                                   $  512,159

Total Stockholders Equity                      <u> $  823,159</u>

By using the fundamental accounting equation which is

Assets= Liabilities + Owners equity

$ 1,175,152 = $ 184,372 + $ 823,159 = $ 166,621

so the amount of long term debt is $ 166,621, this would balance the accounting equation.

8 0
3 years ago
A person should consume more of something when its marginal A. cost equals its marginal benefit. B. benefit is still positive. C
Drupady [299]

Answer:

The correct answer is letter "D": benefit exceeds its marginal cost.

Explanation:

The marginal cost represents the cost of acquiring one more unit of a given good or service. It allows recognizing what is the optimum level of consumption of a given product. If the benefit obtained from acquiring that additional good or service is higher than its marginal cost, then we could say it is worth it to get it.

4 0
3 years ago
When there are a large number of relatively small account balances, negative confirmation of accounts receivable is feasible if
sveta [45]

Answer:

The correct option is D

Explanation:

When there are huge number of the small account balances, then the negative confirmation of the accounts receivable is practical or feasible which is issued by an auditor to the customers of client company and if the combination of the control as well as the inherent risk is low and the individuals who receives the confirmation requests which provide them sufficient consideration.

5 0
3 years ago
Gothic Architecture is a new chain of clothing stores specializing in the color black. Gothic issues 1,000 shares of its $1 par
aleksandrvk [35]

Answer:

Explanation:

The journal entry is shown below:

1. Cash A/c Dr $20,000          (1,000 shares × $20)

    To Common Stock $1,000       (1,000 shares × $1)

    To  Additional Paid-in Capital in excess of par - Common Stock $19,000

(The issuance of the shares is reported and the amount remaining is credited to the additional paid-in capital account)

In the case of no par value stock, the journal entry would be

Cash A/c Dr $20,000  (1,000 shares × $20)

     To Common Stock A/c $20,000

(Being the issuance of the shares is recorded)

8 0
3 years ago
Sanford Company currently has 15% of its market value in debt and 85% in common stock, with no preferred stock. Its debt has a c
devlian [24]

Answer:

WACC is 9.35%

Explanation:

In order for us to compute the weighted average cost of capital, we have to first find the cost of equity (Ke) and the cost of debt (Kd)

1. Ke can be found by using CAPM - Capital Asset Pricing Model.

CAPM Formula: Ke = Rf + b(Rm-Rf)

where Rf = Risk free rate; Rm = Return expected of the market; b = beta

Therefore = Ke = 3% + 0.9(11%-3%) = 10.2%

2. Kd = Coupon rate (1 - tax rate), coupon rate is 7%, tax rate is 35%

therefore Kd = 7 (1-0.35) = 4.35%

Lastly we apply the WACC Formula which is Ke* (equity value/Total value of equity and debt) + kd*(debt value/Total value of equity and debt)

We are not given the values of equity and debt, bur we are given the fractions; we will use the fractions.

Therefore: Ke* (equity value/Total value of equity and debt) + kd*(debt value/Total value of equity and debt) = (10.2%*85%)+(4.35%*15%) = 9.35%

4 0
4 years ago
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