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Viefleur [7K]
3 years ago
9

Preston wants to be an accountant. When he decides on a college education, which would be the best choice for this career?

Business
2 answers:
Sauron [17]3 years ago
6 0

Answer:

Your answer is A. community college with an earned associate’s degree.

Explanation:

Bookkeeping, Accounting, and Auditing Clerks require less education.  They often have a high school degree and sometimes an associate degree or vocational education or experience.

adelina 88 [10]3 years ago
5 0

Answer:

A. community college with an earned associate’s degree

Explanation:

hope that helped

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___________ started the profession of advertising in the u.s. by using newspaper advertisements.
jenyasd209 [6]
I think it was Francis Ayer
3 0
3 years ago
Stock splits:
iren [92.7K]

Answer: a. Allow management to conserve cash, give stockholders more shares, and cause no change in total assets, liabilities, or stockholders' equity.

Explanation:

Stock Splits increase the number of shares a company without actually changing their market capitalization by simply dividing the shares available.

There are a bunch of reasons to do this but one of them is to conserve cash. By splitting stock, managers can conserve cash by not paying dividends but still proving that the company can still pay dividends. The Shareholders getting MORE stock would be the reward.

Since Stock splits don't change the Market Capitalization, they don't have an effect on Equity either and by extension Assets and Liabilities.

3 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
guajiro [1.7K]

Answer:

Cash inflows = $3,260

Cash outflows = $3,260

Total assets = $22,300

Total liabilities = $2,724

Net worth = $19,576

Explanation:

Cash inflows = Monthly take-home salary $3,260

Cash outflows = Rent for the month $1,360 + Spending for food $560 + Telephone bill paid for month $94 + Loan payment $147 + Auto insurance $326 + Payment for electricity $166 + Lunches/parking at work $181 + Donations $122 + Clothing purchase $137 + Restaurant spending $167 = $3,260

Total assets = Cash in checking account $1,270 + Savings account balance $1,990 + Current value of automobile $8,530 + Household possessions $3,970 + Stereo equipment $2,590 + Home computer $2,140 + Value of stock investment $1,810 = $22,300

Total liabilities = Balance of educational loan $2,390 + Credit card balance $334 = $2,724

Net worth = $22,300 - $2,724 = $19,576

 

4 0
3 years ago
A property is financed with an 85% LTV at 10% interest over 25 years. What would the estimated BTIRRE be on equity given that th
Fofino [41]

Answer:

c. ​15.0%

Explanation:

First we need to calculate the Debt to equity ratio

Debt to equity ratio = Debt / Equity

Debt to equity ratio = 85% / 15% = 5.66667

Now calculate BTIRRE  using following formula

BTIRRE  = BTIRRP + ( BTIRRP - BTIRRD ) x Debt to equity ratio

Where

BTIRRP = 10.75%

BTIRRD = 10%

Placing values in the formula

BTIRRE  = 10.75% + ( 10.75% - 10.00% ) x 5.66667

BTIRRE  = 10.75% + 4.25%

BTIRRE  = 15.00%

7 0
2 years ago
If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
TiliK225 [7]

Answer:

The answer is true

Explanation:

A work-in-progress (WIP) is the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead.

7 0
3 years ago
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