All categories

3 years ago

Question 2 (2 points)

Business

1 answer:

astraxan [27]3 years ago

3 0

Answer: being goal oriented

Explanation: A goal oriented individual may be referred to an individual with a strong aim and focus who will give his or her very best in other to achieve or attain his intended purpose or aim. A goal oriented individual will defy obstructions capable of hindering or standing in between her and her goal. Attaining one's desire or purpose requires very strong motivation which keeps one going in the face of tribulation or temptation and a strong organizational skill useful for attaining task specific needs at a specific time.

You might be interested in

Use the above adjusted trial balance to prepare Wilson Trucking Company’s classified balance sheet as of December 31, 2017.Cash

eimsori [14]

Answer:

.............................................. Wilson Trucking Company ......................................

................................................ Classified Balance Sheet ......................................

....................................................... December 31, 2017.........................................

Assets

Current assets

Cash .................................................... $5,900

Account receivable ............................ $27,500

Office supplies..................................... $7,590

Total current assets ............................................. $40,990

Non current assets

Land ......................................................................... $48,000

Truck ..................................................... $196,000

Less: Accumlated depreciation - Truck $(40,376) $155,624

Total Non current assets ......................................... $203,624

Total Assets ............................................................... $244,614

Liabilities

Current Liabilities

Account payable................................. $9,900

Interest payable ................................. $7,000

Total current liabilities............................................... $16,900

Long term liabilities

Long term notes payable.......................................... $63,000

Total liabilities............................................................. $79,900

Stockholder's equity

Common Stock ................................... $15,000

Retained earnings............................... $149,714

Total Stockholder's equity......................................... $164,714

Total liabilities and stockholder's equity.................. $244,614

Retained Earnings

= Opening retained earnings + Net Income - Dividends

Net Income

= Revenue - Expenses

= 126,000 (Trucking fees earned ) - 26,043 - 64,722 - 17,000 - 11,868

= $6,367

Retained earnings

= 172,347 + 6,367 - 29,000

= $149,714

8 0

4 years ago

When an institution wishes to take a large position in a municipal bond issue but does not want its activities to be well known,

e-lub [12.9K]

Answer:

Option C, a municipal securities broker's broker.

Explanation:

Option “C” is correct because these broker acts on the behalf of the client and perform all the transactions without exhibiting their client’s details in the market. Moreover, the broker maintains the bonds or securities and it focuses on the profit-making aspects. Finally, the broker receives the commission for their service and the client receives the profit or rate of return from the securities.

4 0

4 years ago

Fashion house uses the retail method to estimate ending inventory in his monthly financial statements the following information

IgorC [24]

If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)

First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000

Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000

So, the estimated ending inventory for the month of July is $145,000.

4 0

4 years ago

Identify the correct sequence of economic integration starting from the least integrated to the most integrated.

iren [92.7K]

E.common market, free trade area, customs union, political union, and economic union

4 0

4 years ago

The yield to maturity on a bond is the interest rate you earn on your investment if interest rates do not change. If you actuall

koban [17]

Answer:

The answer is 12.83%.

Explanation:

We have the below calculations:

- Coupon payment = 1,000 x 9% = $90;

- Purchasing price = $1,000;

- Price sold after 3 years is equal to the present value of 9 annual coupon payments plus face value repayment after 9 years, discounted at YTM at the time of sell at 7%;

=> Price after 3 year = (90/0.07) x ( 1- 1.07^-9) + 1,000/1.07^9 = $1,130.3;

The holding period yield (HPY) is the discount rate that equalizes cash flow from 3 years of holding the bond to its original purchased price:

1,000 = (90/HPY) x [1 - (1+HPY)^-3] + 1,130.3/ (1+HPY)^3 <=> HPY = 12.83%.

3 0

3 years ago