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3 years ago

14

Jack graduated from enormous state university with a degree in accounting. he was immediately hired as an auditor by beene kount

er associates and placed in their management training program. this program is an example of:

1 answer:

Tamiku [17]3 years ago

4 0

<span>Probationary period undergoing the training program. A person is new to the job and learns the job that he undergoes everyday.</span>

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Julie Martin is investing $26,600 in the Invesco Charter mutual fund. The fund charges a 4.50 percent commission when shares are

Sergeeva-Olga [200]

Answer:

$1,264.50

Explanation:

Calculation for the amount of commission Julie must pay.

Using this formula

Commission=Investment amount× Fund charges percentage

Let plug in the formula

Commission= $28,100 × 0.045

Commission= $1,264.50

Therefore the amount of commission Julie must pay is $1,264.50

6 0

2 years ago

The depreciation deduction for year 11 of an asset with a 20-year useful life is $4,000. If the salvage value of the asset was e

PtichkaEL [24]

Answer:

The answer is $80,000

Explanation:

The formula for straight-line depreciation is:

[Cost of asset - salvage value(if any)] ÷ useful life of the asset

Depreciation = $4,000

Cost of asset= ? (represented by y)

Useful life of the asset = 20 years

$4,000 = y ÷ 20 years

y is $4,000 x 20 years

y = $80,000

Therefore, the initial cost of the asset was $80,000

7 0

2 years ago

A thesis statement should be clearly stated and narrowly focused. True False

dolphi86 [110]

A thesis statement should be clearly stated and narrowly focused. False

5 0

3 years ago

Read 2 more answers

If the marginal propensity to consume is 0.80, what is the total implied increase in economic spending activity from a governmen

Rzqust [24]

$\$500$ is the total implied increase in economic spending activity from a government stimulus of $\$100$ billion

<u>Explanation: </u>

The median product preference tests the increase in expenditure due to changes in availability.

In increasing government expenditure, total economic investment would be increased by the scale of the budget multiplier. In other terms, the expenditure equation indicates how much GDP can increase as government expenditure increases.

The spending multiplier can be expressed as $\frac{1}{1-M P C} \text { or } \frac{1}{M P S}$

$\text { Increase in GDP }=\frac{1}{1-M P C} \times \Delta G=\frac{1}{1-0.8} \times 100=\$ 500$

So, the total implied increase in economic spending is $\$ 500$

In economics, marginal propensity to consume (MPC) is the proportion of an aggregate raise in pay that consumer spends on the consumption of services and goods, as opposed to saving it.

7 0

3 years ago

Read 2 more answers

Six years ago, James Corporation sold a $100 million bond issue to expand its facilities. Each debenture has a $1,000 par value,

Sauron [17]

Answer:

present value = $848.29

so correct option is c) $848

Explanation:

given data

bond sold = $100 million

time = 6 year

future value = $1,000 par value

original maturity = 20 years

years to maturity left = 14 years

annual coupon rate = 11.5%

require return = 14%

to find out

what price would you pay today for a James bond

solution

we get here first interest amount that is

interest = future value × annual coupon rate × 0.5

interest = 1000 × 11.5% × 0.5

interest = $57.50

and rate = $\frac{0.14}{2}$

rate = 7%

now we find present value by

PV(Rate,nper, pmt, FV)

PV ( 7%, 28, 57.50,1000)

present value = $848.29

so correct option is c) $848

6 0

3 years ago