Answer: Who else do you know in this career field that I could speak to about this career?
What experience did you obtain before being elected?
Explanation:
Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.
Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.
Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.
She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.
Answer:
50 Months
Explanation:
If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.
Answer: Participation
Explanation:
Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.
Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.
Answer:
PV= $9,355.78
Explanation:
Giving the following information:
If $ 9,000 is invested in a certain business at the start of the year, the investor will receive $ 2,700 at the end of each of the next four years.
Interest rate= 6%.
First, we need to find the final value
FV= {A*[(1+i)^n-1]}/i
A= payment
FV= {2,700*[(1.06^4)-1]}/0.06= 11,811.46
Now, we calculate the present value:
PV= FV/(1+i)^n
PV= 11,811.46/1.06^4= $9,355.78
Answer:
See explanation section
Explanation:
Req. A & B
If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.
EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.
Req. C, D & E
In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.
A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-
since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%
