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NARA [144]
3 years ago
13

Ashley had been frustrated with her new job at Walnut Securities, until she befriended a secretary from another department. Over

lunch in the cafeteria, her new friend shared with Ashley the way things really work at Walnut Securities. Ashley has quickly learned that:_________
Business
1 answer:
bekas [8.4K]3 years ago
7 0

Answer: Relating with people in her organization that have been there longer than her can help her with her job.

Explanation: When someone is employed newly in an organization, the new employee needs to get some information about their new place of employment. This process of gathering information can be done by asking questions to staffs in the firm there before the new employee.

This step helps to ease the work making a new employee know what to expect in their new firm.

You might be interested in
Junior Bodway, Incorporated, has provided the following budgeted data: Sales 10,000 units Selling price $ 50 per unit Variable e
mixas84 [53]

Answer:

Break-even point in units= 11,000 units

Explanation:

Giving the following information:

Selling price $ 50 per unit

Variable expense $ 30 per unit

Fixed expense $ 180,000

Desired profit= $40,000

<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (180,000 + 40,000) / (50 - 30)

Break-even point in units= 11,000 units

5 0
3 years ago
Which pricing strategy simplifies the pricing decision by pricing different products in a product line at different price points
Tema [17]

Answer:

Price lining

Explanation:

Price lining can also be called product line pricing, it is a marketing strategy where a business prices its offerings according to the quality, features, or attributes to differentiate it from other similar offerings.

In other words, price lining is a process of grouping similar offerings under different price brackets, each varying slightly by the quality features, or attributes on offer. These brackets usually tend to start low and go higher in price.

8 0
4 years ago
Danks Corporation purchased a patent for $405,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, Da
Andrei [34K]

Answer:

Amortization Expense for year 2021 $90,000

Explanation:

The computation of the amount that should be reported for patent amortization for the year 2021 is shown below:

But before that following calculations need to be done

The value of the patent as of 31st Dec, 2020

Purchase Value as of Sep 1,2019 $405000

Less:- Amortization Expense for the year 2019 $13,500

($405000 ÷ 10 × 4 ÷ 12)

Less:- amortization expense for the year 2020 $40500 ($405,000 ÷ 10)

Value of patent as on 1st Jan, 2021 $351,000

Add:- fees to defend $99000

New Book Value for the year 2021 $450,000

Now Remaining Useful Life 5 years

So,

Amortization Expense for year 2021 $90,000 ($450,000 ÷ 5)

6 0
3 years ago
Henry Hacker, a professional golfer who was having trouble with his driver, decided to skip the next two tournaments on the PGA
goblinko [34]

Answer:

The earnings foregone by skipping the two tournaments on the PGA tour is cost of opportunity

Explanation: The cost of opportunity of an economic decision that has several alternatives is the value of the best unrealized option. In other words, it refers to what a business stops earning, when choosing an alternative among several available. In this case are the prizes the golf player lost for not playing the tournments.

5 0
4 years ago
A one-year bond has an interest rate of 5% today. Investors expect that in one year, a one-year bond will have an interest rate
Amanda [17]

Answer:

6%

Explanation:

Current interest rate on one year bond = 5%

Forward interest rate on one year bond = 7%

To Calculate the interest rate on two year bond we use this:

Interest rate = [Current interest rate on one year bond + Forward interest rate on one year bond]/2

Interest rate = [5 + 7]/2 = 12/2 = 6%

Therefore,

The interest rate on two-year bond is equal to 6%.

3 0
4 years ago
Read 2 more answers
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