Answer:
A. 6.75%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,021.16
Future value or Face value = $1,000
PMT = 1,000 × 7% ÷ 2 = $35
NPER = 13 years × 2 = 26 years
The formula is shown below:
= Rate(NPER,PMT,-PV,FV,type)
The present value come in negative
So, after solving this, the pretax cost of debt is 6.75% (3.38% × 2)
The purpose of this category of interview questions is to obtain factual information about the interviewee.
Answer:
Which step in the career planning process is Jason completing?
E) Evaluate financial and other factors of positions offered.
Explanation:
Career planning is an aspect of career management that involves self evaluation and formulation goals to have a strong career path. It involves constant evaluation in improving skills and setting goals to ensure that one achieves career objectives that they set out. Career planning is a step-wise procedure that is to move an individual to a direction that will make him/her achieve professional excellence in the career that is chosen. The following steps are involved in career planning;
1. Self assessment
Self assessment involves the evaluation of one's own skills and interests and also capabilities to understand what he/she already has and where he/she wants to be in the career path.
2. Research on careers
Once the skills and interests has been assessed, one can research on the careers they would love to pursue to find out if they align with their skills, capabilities and interests
3. Set career objectives
The individual should then set clean career objectives, both short-term and long-term objectives.
4. Learn and improve skills
In order to align with set career objectives, the individual should keep improving and acquiring new skills.
5. Search for a Job
This involves the preparation of Curriculum vitae and supporting documents and search for jobs that offer opportunities that will help in advancing your career.
6. Once you receive job offers, evaluate various factors including the financial ones offered by the positions.
Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details
Explanation:
Let us assume
A 1 = $1,250, A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600
Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;
=LARGE(A1:A2,3)
