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tigry1 [53]
3 years ago
9

Which of the following statements about mentors is true?

Business
2 answers:
lesya [120]3 years ago
5 0

Mentors are an excellent way to learn on the job- this statement about mentors is true.

Option: A

Explanation:

Mentors are the one who guides his trainee from different perspectives and help in every possible way. Mentors provide real life a practical advice so that it become easy to deal with the problem for trainee. Every company do support mentoring program. After appointing many fresher company executive split them in number groups and assigned one expert per group according to the nature of work.

That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.

ludmilkaskok [199]3 years ago
5 0

Answer:

A

Explanation:

Apex

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3 years ago
Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000
avanturin [10]

Answer:

Option (D) is correct.

Explanation:

Preferred dividend per year:

= (Outstanding preferred stock × Par value of preferred stock ) × 5% preferred stock

= (1,000 × $100) × 5%

= ($100,000) × 5%

= $5,000

Any balance left over would be paid to common stockholders.

Year 1:

Paid to preferred stockholders = $2,000

Paid to common stockholders = 0

Year 2:

Paid to preferred stockholders = $5,000

Paid to common stockholders = ($6,000 - $5,000)

                                                  = $1,000

Year 3:

Paid to preferred stockholders = $5,000

Paid to common stockholders = ($32,000 - $5,000)

                                                  = $27,000

Therefore,

Total amount of dividends paid to preferred Shareholders:

= Year 1 + Year 2 + Year 3

= $2,000 + $5,000 + $5,000

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Total amount of dividends paid to common Shareholders:

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5 0
3 years ago
Which of the following items would typically not be included in an audit program?a. A list of audit procedures to be performed.b
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Answer:c

Explanation:because nomally we apply the other two but I have never heard of "a workplace heading"

I'mnot sure if this is right

4 0
3 years ago
Account Title Debit Credit
NemiM [27]

Answer:

Wilson Trucking Company’s classified balance sheet as of December 31, 2017.

ASSETS

<u>Non - Current Assets</u>

Trucks                                                       200,000

Accumulated depreciation—Trucks        (36,256 )    163,744

Land                                                                              43,000

Total Non - Current Assets                                       206,744

<u>Current Assets</u>

Office supplies                                                               6,160

Accounts receivable                                                    15,500

Cash                                                                               7,800

Total Current Assets                                                   29,460

Total Assets                                                              236,204

EQUITY AND LIABILITIES

Equity

K. Wilson, Capital                                                        171,525

K. Wilson, Withdrawals                                              (45,000)

Net Income                                                                  22,292

Total Equity                                                                 148,817

Liabilities

<u>Non - Current Liabilities</u>

Long-term notes payable                                          40,000

Total Non - Current Liabilities                                   40,000

<u>Current Liabilities</u>

Accounts payable                                                       10,100

Interest payable                                                        20,000

Total Current Liabilities                                              30,100

Total Equity and Liabilities                                        218,917

Explanation:

The Net Income for the year needs to be determined. This is included under the Equity section of the Balance Sheet.

<u>Calculation of Net Income/(Loss) for the year</u>

                                                           $                $

Trucking fees earned                                      121,000

Less Expenses :

Depreciation expense  —Trucks   23,385

Salaries expense                          56,046

Office supplies expense                9,000

Repairs expense—  Trucks             10,277     (98,708)

Net Income / (loss)                                          22,292

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