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galina1969 [7]
3 years ago
12

Shirine has been debating between two career pathways in finance. She creates a Venn diagram to compare the two careers. In a Ve

nn diagram, the separate circles contain characteristics unique to each item being compared and the intersection contains characteristics that are common to both items being compared. This is the Venn diagram that Shirine creates: A Venn diagram. Title 1 has Sets up and oversees customer accounts; Analyzes how much to grant in loans; Possible Careers: Teller, Loan Officer, Credit Checker. Title 2 has Analyzes how to grow customers' money; Deals with securities and commodities; Possible Careers: Personal Finance Advisor, Treasurer, Risk Management Analyst. The area of overlap has Deals with money, Works with customers. Which accurately labels the titles in Shirine’s diagram? Title 1 should be Investment Career Pathway, and Title 2 should be Banking Career Pathway Title 1 should be Banking Career Pathway, and Title 2 should be Investment Career Pathway Title 1 should be Banking Career Pathway, and Title 2 should be Financial Management Career Pathway Title 1 should be Financial Management Career Pathway, and Title 2 should be Investment Career Pathway
Business
1 answer:
vovangra [49]3 years ago
7 0

Answer:

I'm not sure but I think the answer is D

Explanation:

I too have kitchen towels

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Earnings per share: Select one: a. Will always be lower than the dividend paid per share b. Will always be higher than the divid
Svetlanka [38]

Answer:

b. Will always be higher than the dividend paid per share

Explanation:

A firm pays dividend to it's stockholders based upon it's earnings.

Earnings per share (EPS) is expressed as:

= \frac{Earnings\ available\ to\ stockholders}{No.\ of\ stocks\ outstanding}

Dividend payout ratio on the other hand is expressed as:

= EPS (1 - b)

wherein, b = retention ratio which denotes the percentage of earnings retained by a firm i.e not distributed as dividends.

Thus, a firm's earnings per share would always be higher than the dividend paid by it per share.

7 0
3 years ago
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
IrinaVladis [17]

Answer:

(B) 40%

Explanation:

↓Q / ΔPrice = Price-elasicity

The price elasticity is the relationship between a change in price with the quantity demanded of a certain good assuming, other factor remains constant.

ΔPrice  = (P0 - P1)/((P0 + P1)/2) = (2 - 6)/((2+6)/2) = 4/4 = 1

We know that price elasticity is 0.4

Now we can solve for the change in the quantity demanded:

↓Q/ 1 = 0.4

↓Q = 0.4 x 1 = 0.40 = 40%

7 0
3 years ago
Define CAMELS, why it was created and how the system works, and give the names of six factors of CAMELS
bearhunter [10]
  1. Capital adequacy
  2. Asset quality
  3. Management
  4. Earnings
  5. Liquidity
  6. Sensitivity

CAMELS is an international rating system to rate banks, it was created in the United States as a supervisory rating system.

In order to ensure their financial strength, banks have periodic examinations by a Office of the Comptroller of the Currency. Bank examiners issue CAMELS, a numerical rating to the bank as a result of the examination, examiners score each bank in the six factors listed above. Banks score between 1 and 5 in each category (1 being the highest).

Hope this helps, HAVE A BLESSED AND WONDERFUL DAY! As well as a great Valentines Day! :-)  

- Cutiepatutie ☺❀❤

5 0
3 years ago
Which of the following is true regarding the trial balance? Select all that apply. The trial balance includes all of the account
Luda [366]

Complete Question:

Which of the following is true regarding the trial balance? Select all that apply.

a) The trial balance includes all of the accounts needed to create the balance sheet and the income statement.

b) The trial balance is much less detailed than the balance sheet and income statement.

c) The accounting principle of materiality says that the information on the trial balance can be combined and simplified into more general reporting items.

d) The accounting principle of money measurement says that the information on the trial balance can be combined and simplified into more general reporting items.

e) The trial balance shows only nominal accounts.

Answer:

a) The trial balance includes all of the accounts needed to create the balance sheet and the income statement.

Explanation:

Company XYZ's trial balance summarizes all the general ledger account balances with the assets and expenses on the debit side and the liabilities, equity, and income on the credit side.  It is extracted from the general ledger for all accounts that do not have equal debit and credit sides.  It is one of the ways to ensure that proper double entry system of bookkeeping has been followed.  That the two sides are in balance does not mean that the trial balance or the general ledger from which it is prepared is error-free.  It simply means that the two sides agree in total.  XYZ can prepare the trial balance at any time, not necessarily at the end of the period.

4 0
3 years ago
On January 1, 2013, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,501. During the first 11 months of the ye
elixir [45]

Answer:Total of accounts written off=$25, 018, part b is in the explanation column

Explanation:

Total of accounts (Bad debt) written off=Opening Balance in bad debt allowance account+

bad debt expense recognized during the period −

Closing balance in bad debt allowance account

=$13,501+$21,413−$9,896

=$25, 018

T---account

                                  Allowance for bad debts

                                                       $13,501   Balance from Jan 1st

                                                       $21,413    Bad debts expense

Bad debts written off $25, 018

                                                       $9,896 Balance on November 30

b)Adjusted journal entry for change in amount of allowance for bad debt account

December 31st 2013     Account        Debit         Credit

          Allowance for bad debts          $620  

         Bad debts expense                                        $620

calculation

The balance in allowance for bad debt account as on November 30 is $9 896 , when it was supposed to be $9,276. Therefore the bad debt expense is overstated by  

$9,896- $9, 276 = $620

                                                       

​

5 0
3 years ago
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