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3 years ago

What are the requirements for being a dental assistant?

1 answer:

7 0

1. Determine whether you possess general characteristics to become a dentist.
2.Complete your prerequisite educational requirements.
3.Take the Dental Admissions Test (DAT).
4.Apply for admission to a dental school.
5.Attend dental school.

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In 2020, Monty Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities of $

Marina CMI [18]

Answer:

Monty Corporation

Computation of Cash at December 31, 2020:

$485,000.

Explanation:

a) Data and Calculations:

Net cash provided by operating activities = $486,000

Net cash used by investing activities = (976,000)

Net cash provided by financing activities = $627,000

Net cash inflow = $ 137,000

January 1, 2020 Cash balance 348,000

December 31, 2020 Cash balance $485,000

b) The above implies that Monty made more (cash inflow) cash of $137,000 between January 1, 2020 and December 31, 2020. This is added to the January 1, 2020 cash balance to arrive at the December 31, 2020 cash balance.

6 0

3 years ago

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are

Virty [35]

Answer:

- $651,234.54

Explanation:

Data provided in the question:

Cost of remodeling = $3.4 million = $3,400,000

Rent paid each year = $820,000

Duration, n = 5 years

Discount rate, r = 15% = 0.15

Now,

Present value of the amount rent paid each year = A × $\left[ \frac{1-(1+r)^{-n}}{r} \right]$

Here,

A = Rent paid each year

Thus,

Present value of the amount rent paid each year

= $820,000 × $\left[ \frac{1-(1+0.15)^{-5}}{0.15} \right]$

= $820,000 × 3.352153

= $2,748,765.46

Therefore,

Benefit = Present value of the amount rent paid - Cost of remodeling

= $2,748,765.46 - $3,400,000

= - $651,234.54

7 0

3 years ago

fsa what percentage of your gross salary does the consumer financial protection bureau suggest your student loan payment be in o

grandymaker [24]

To maintain a low student loan repayment burden, the Consumer Financial Protection Bureau suggests student loan payments should not exceed 8% of your gross salary. A student loan is a form of loan that is intended to assist the students in paying for post-secondary education and associated fees such as tuition, books and supplies, and living expenses.

It may differ from the other forms of loans in that the interest rate is significantly lower and the re- payment plan is deferred while the student is still enrolled in the school. Many countries also have strong laws governing the renegotiating and bankruptcy.

To learn more about loans, click here.

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3 0

1 year ago

For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall

bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0

3 years ago

Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (20,000 uni

Sloan [31]

Answer:

Answers are 1. $95.000 2. $42.500 3. $ 50.000 4. $59.600

Explanation:

In each case you have to replace the data with the given information

1 If unit sales increase 15%

Units price Total

Revenue 20,000.00 17.25 345,000.00

Variable Man 20,000.00 9.00 (180,000.00)

Contribution margin 20,000.00 8.25 165,000.00

Fixed expenses 20,000.00 3.50 (70,000.00)

Net income 95,000.00

2 If price decreases by $1.5 and units sold increases by 25%

Units price Total

Revenue 25,000.00 13.50 337,500.00

Variable Man 25,000.00 9.00 (225,000.00)

Contribution margin 25,000.00 4.50 112,500.00

Fixed expenses 25,000.00 2.80 (70,000.00)

Net income 42,500.00

3 If price increases by $1.5 and fixed expenses by $20.000

Units price Total

Revenue 20,000.00 16.50 330,000.00

Variable Man 20,000.00 9.00 (180,000.00)

Contribution margin 20,000.00 7.50 150,000.00

Fixed expenses 20,000.00 5.00 (100,000.00)

Net income 50,000.00

4 Units price Total

Revenue 18,000.00 16.80 302,400.00

Variable Man 18,000.00 9.60 (172,800.00)

Contribution margin 18,000.00 7.20 129,600.00

Fixed expenses 18,000.00 3.89 (70,000.00)

Net income 59,600.00

5 0

4 years ago