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BartSMP [9]
3 years ago
7

Tomas recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared

him so well for a successful career that he can find a job with ease and forget school or training in his future. In evaluating the future of the workplace, Tomas is ____.(A) exactly right.(B) His past performance should carry him to success.(C) completely wrong.(D) Studies show that a college education has little to do with success.(E) over confident.
Business
1 answer:
dlinn [17]3 years ago
7 0

Answer: (E).

Tomas is over confident.

Explanation:

Someone who has more confidence than he/she should in a given situation, and who has more often than not, misjudged his/her capability, is said to be overconfident.

In this case, Tomas brags that his academic performance alone is enough for him in the workplace, however, there is a need for continuous learning and training to keep up with changing trends in the workplace.

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$16,231 is the Projected Increase in Retained Earnings.

<h3>Explanation</h3>

get here first Expected Profit that is express as

expected Profit = Sales × Profit Margin   .......................1

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expected Profit = $23187.50

and Dividends is here as

Dividends = Expected Profit × Dividend Payout Ratio   .................2

Dividends = 23187.50  × 30%

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Projected Increase in Retained Earnings will be

Projected Increase in Retained Earnings = expected Profit - Dividends   ........3

Projected Increase in Retained Earnings  = $23187.50 - $6956.25

Projected Increase in Retained Earnings = $16231.25

There are options missing in the question which is given below-

a. $16,231

b. $17,500

c. $18,300

d. $20,600

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The description according to another circumstance is summarized throughout the subsection below.

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