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Hunter-Best [27]
4 years ago
5

Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. Which optio

n can immediately boost his career in the intended direction?
A.
continue on in an entry-level position
B.
complete a certification from a professional organization
C.
complete a new four-year undergraduate program in a related field
D.
complete a two-year associate degree in a related field
E.
complete an online course in accounting
Business
1 answer:
stepladder [879]4 years ago
5 0

Answer:

B. complete a certification from a professional organization

Explanation:

Option A can get Vincent in-hand experience. So, it cannot be the answer.

Option B <em>can immediately boost his career in the intended direction because a certification program at a professional level can enhance his capability.</em>

Option C is wrong because without completing the four-year degree, he cannot do an internship.

Option D can be the answer, but two-year is a long-term study and cannot boost his career quickly.

Option E is wrong because he is doing an internship in the field of accounting.

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A company purchased $10,500 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. The freight charge, $750
defon

,Answer:

$9,825

Explanation:

Merchandise Costs must include all costs related to acquisition of merchandise such as freight charges for valuation purposes - IAS 2.

Therefore Cost of Merchandise Purchased was, $10,500 + $750  = $11,250

<u>Merchandise Purchase - June 15 : </u>

Debit : Merchandise $11,250

Credit ; Discount Received (2% x $11,250) $225

Credit : Account Payable (98 % x $11,250)  $11,025

<u>Return of Merchandise - June 20 :</u>

Debit : Accounts Payable $1,200

Credit : Merchandise $1,200

<u>Amount to be Paid - June 24 : </u>

Debit : Accounts Payable ($11,025 - $1,200)  $9,825

Credit : Cash $9,825

4 0
3 years ago
Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $523,000 or a new model
Ber [7]

Answer:

A. $518,000

Explanation:

The computation of the sunk cost is shown below:

= Purchase value of the machine that buys 7 years ago

= $518,000

As sunk cost is the cost that already spent and not relevant for decision making

So according to the given options, the first option is correct

6 0
3 years ago
The _________ pricing strategy maintains low prices and avoids the use of special sales.
Harrizon [31]
<span>This is everyday low pricing, which is also known as EDLP. Usually, the EDLP is in the range of a high-low retailer's promotional price. However, the EDLP is not a discounted price. People are attracted to this price, because it is something they can count on.</span>
4 0
4 years ago
There is an oil refinery located on a river. A fish farm is located in the bay, and is adversely affected by the oil refiner’s w
Galina-37 [17]
D. Suppose that the government imposes a tax on the oil refiner that makes the oil refiner pay twice per unit of output produced. is there T that induces the Pareto efficient level of o
6 0
3 years ago
Murphy started putting $100/month into his 401(k) earning 6% APR when he was 22 years old. How much will be in his account when
kotykmax [81]

Answer:

$199,149.08

Explanation:

a = 100, i=0.06/12=0.005, n=40*12=480, FVA = Future value of annuity

FVA = A*[(1+i)^n - 1/ i]

FVA = 100 * [(1+0.005)^480 - 1 / 0.005]

FVA = 100 * [9.957454/ 0.005]

FVA = 100 * 1991.4908

FVA = $199,149.08

So, the amount that will be in his account when he retires at age 62 is $199,149.08.

8 0
3 years ago
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