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creativ13 [48]
3 years ago
5

You are considering changing jobs. Your goal is to work for three years and then return to school full-time in pursuit of an adv

anced degree. A potential employer just offered you an annual salary of $22,000, $27,000, and $23,000 a year for the next three years, respectively. All salary payments are made as lump sum payments at the end of each year. The offer also includes a starting bonus of $5,000 payable immediately. What is this offer worth to you today at a discount rate of 9.75 percent
Business
1 answer:
3241004551 [841]3 years ago
3 0

Answer:

The worth of the offer today is $64,859.98

Explanation:

The worth of the job offer today is the sum of the present values of the projected annual salaries plus the immediate bonus payment,

The immediate bonus payment is already stated in today's terms,hence does need to be discounted.

The present value of the $22,000 receivable in one year's time is the $22,000 multiplied by the discounted factor,which is 1/(1+9.75%)^1 i.e 0.9112  

total present values=$5,000+$22,000/(1+9.75%)^1+$27,000/(1+9.75%)^2+$23000/(1+9.75%)^3= $64,859.98  

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California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the compa
astraxan [27]

Answer:

The journal entry to record the purchase of treasury stock would be:

                           Debit ($) Credit ($)

Treasury Stock       3,800  

         Cash                   3,800

Explanation:

In order to prepare The journal entry to record the purchase of treasury stock we would have to calculate the treasury stock as follows:

Treasury Stock=shares purchased*cost per share

Treasury Stock=100 Shares x $38.00 per share

Treasury Stock=$3,800

Therefore, The journal entry to record the purchase of treasury stock would be:

                           Debit ($) Credit ($)

Treasury Stock       3,800  

         Cash                   3,800

3 0
3 years ago
J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following
lorasvet [3.4K]

Answer:

a. Did you purchase or lease the vehicle?  CATEGORICAL DATA

b. What price did you pay?  QUANTITATIVE DATA

c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average,  Outstanding, or Truly Exceptional)  CATEGORICAL DATA

d. What is your average miles-per-gallon?  QUANTITATIVE DATA

e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) QUANTITATIVE DATA

Explanation:

Quantitative data can be measured in numbers, e.g. 20 miles per gallon. While categorical data refers to non-numerical responses, e.g. higher quality, better looks, and is generally obtained by choosing one response from a group of available answers.

5 0
3 years ago
Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiq
ziro4ka [17]

Answer:

Answer is B. She should use 28-point fonts for titles and 18-point fonts for body text.

Refer below.

Explanation:

Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiques, to include behavioral training in employee interactions with canine clients. It hits every mark but one: it is difficult to visually distinguish key points from the rest of the slides. As a trusted colleague, the suggestion beloe might you give her to improve her presentation for ease of processing:

She should use 28-point fonts for titles and 18-point fonts for body text.

6 0
3 years ago
Read 2 more answers
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

= $3,000

5 0
3 years ago
The Ribbon in the PowerPoint Online application allows users to quickly find commands to complete at task. True False
levacccp [35]
The answer to this question is true
8 0
3 years ago
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