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3 years ago

Why do interest inventories compare your interests with the interests of others?

Business

2 answers:

vaieri [72.5K]3 years ago

7 0

I believe the answer is: to match you with a career that someone with your same interests enjoys

People with similar interest have a really high chance of having similar personalities. Because of this, interest inventories would determine that if other people who have similar interest with you enjoy a certain type of career, that you would most likely also enjoy that type of career.

garik1379 [7]3 years ago

4 0

Interest inventories compare your interests with the interests of others in order <span>to match you with a career that someone with your same interests enjoys. The more harmonious it is when people of the same interests blend together because it will create a smooth process.</span>

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Explain population in biology

Feliz [49]

Hi :)

Population is a group of organisms of one one species, living in the same area at the same time

Hope this helps!

7 0

3 years ago

Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured:

erica [24]

Answer:

1. Glennon Company

Total manufacturing costs and costs of goods sold:

C) $790,000 $810,000

2. Carr Company

Annual Rate of Return for Project Soup:

B) 7.5%.

Explanation:

1A) Total Manufacturing costs

Direct materials used $270,000

Beginning work in process 40,000

Direct labor 200,000

Ending work in process (20,000 )

Manufacturing overhead 300,000

Total manufacturing costs $790,000

1B) Costs of goods sold:

Beginning finished goods 50,000

Costs of goods manufactured 790,000

less Ending finished goods (30,000)

Cost of goods sold $810,000

2) Project Soup Project Nuts

Initial investment $400,000 $600,000

Annual net income 30,000 46,000

Net annual cash inflow 110,000 146,000

Annual Rate of Return = Annual net income/Initial Investment

= $30,000/$400,000 x 100 = 7.5%

8 0

3 years ago

On Jan 1 2020, Ethan Corporation issued 12% bonds with a face value of $4,000,000. These bonds mature in ten years, and interest

AVprozaik [17]

Answer:

Ethan Corporation

Using the effective-interest method of amortization, the amount of interest expense that should be reported for 2020 is:

= $449,096

Explanation:

a) Data and Calculations:

Face value of bonds issued = $4,000,000

Issue price of the bonds = 4,498,490

Premium on the bonds = $498,490 ($4,498,490 - $4,000,000)

Coupon interest rate = 12%

Effective interest rate = 10%

Interest payments = June 30 and December 31

June 30:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense = 224,925 ($4,498,490 * 5%)

Amortization of bond premium = $15,075 ($240,000 - $224,925)

Bonds value = $4,483,415 ($4,498,490 - $15,075)

December 31:

Cash payment for bond interest = $240,000 ($4,000,000 * 6%)

Interest expense = 224,171 ($4,483,415 * 5%)

Amortization of bond premium = $15,829 ($240,000 - $224,171)

Bonds value = $4,467,586 ($4,483,415 - $15,829)

Interest expense for 2020 = $449,096 ($224,925 + $224,171)

4 0

3 years ago

Which of the following is a correct statement?

Nastasia [14]

Answer:

The answer is B.

Explanation:

In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.

In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.

8 0

3 years ago

The following information is available for Blue Spruce Corp. for 2021:

Andru [333]

Answer:

Other Comprehensive income = $37,500
Comprehensive income = $154,500

Explanation:

Other comprehensive income:

= Realized gain on sale of available-for-sale debt securities + Unrealized holding gain arising during the period on available-for-sale debt securities - Reclassification adjustment for gains included in net income

= 11,000 + 34,000 - 7,500

= $37,500

Comprehensive income = Net income + Other comprehensive income

= 117,000 + 37,500

= $154,500

6 0

3 years ago