Is your place of work a business or a non profit organization ?

During an interview, how would you answer if you are asked a question that would divulge confidential information about your cur

DochEvi [55]

I would politely tell the interviewer that I am not able to answer that question as it would be considered an invasion of personal privacy as per the Privacy Act of 1974, I would then point out that I do my best to always respect the privacy of others, and of course follow all laws and rules as set forth by my employer, and state and federal law. Emphasize to the interviewer, that I am a person who can be trusted.

5 0

4 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $820 per month in a stock account an

alina1380 [7]

Answer:

The withdraw amount is "11,227.42".

Explanation:

The given values are:

In stock account,

PMT = $820

Interest rate = $\frac{10.2 \ percent}{12}$

N = 300

PV = 0

In Bond account,

PMT = $420

Interest rate = $\frac{6.2 \ percent}{12}$

N = 300

PV = 0

Now,

By using the FV (Future value) function, the value in Stock account will be:

= $FV(rate,nper,pmt,[pv],[type])$

= $1,125,795.30$

By using the FV (Future value) function, the value in Stock account will be:

= $FV(rate,nper,pmt,[pv],[type])$

= $300,181.3321$

After 25 years,

The value throughout the account, will be:

= $300,181.3321 + 1,125,795.30$

= $1,425,976.63$

By using the PMT function, we can find the with drawling amount. The amount will be:

= $PMT(rate, nper, pv, [fv], [type])$

= $11,227.42$

4 0

3 years ago

Les Stanley established an insurance agency on July 1, 20Y5, and completed the following transactions during July: Opened a busi

crimeas [40]

Answer:

A. Net Income = $22,790

B. Shareholders' equity balance is = $69,490

Explanation:

Requirement A:

Les Stanley

Income Statement

For the year ended, July 31, 2015

Revenues:

Fees Earned $28,500 (1)

Expenses:

Rent expenses $2,600 (3)

Automobile Expense $2,000 (4)

Office Salaries $4,200 (5)

Miscellaneous expense$ 800 (6)

Interest Expense $ 110 (7)

Total Expenses $5,710

Net Income $22,790

Note - 1: Fees earned = $28,500 (Journal 3)

2. Common stock = $50,500 (Journal 1)

3. Rent expense (Journal 4)

4. Automobile expense (Journal 5)

5. Office salaries (Journal 7)

6. Miscellaneous expense (Journal 6)

7. Interest on payable (Journal 8)

8. Dividends (Journal 10)

Requirement B:

Les Stanley

Statement of shareholders equity

For the year ended, July 31, 2015

Particulars Share R. E* Total

Balances, July 1, 2015 $0 0 $0

Add: Issued Capital $50,500 (2) 0 $50,500

Add: Net Income $0 $22,790 $22,790

Less: Dividends (8) $0 $(3,800) $(3,800)

Balances, July 31, 2015 $50,500 $18,990 $69,490

Therefore, shareholders' equity balance is = $69,490

5 0

3 years ago

Claire wants to take out a small personal loan to renovate her kitchen. She borrows $3,000. Her loan has an annual compound inte

Kruka [31]

Answer: $12,136.67

Explanation:

4 0

4 years ago

Read 2 more answers

How did conglomerates and franchises evolve in the postwar economy?

RideAnS [48]

How these conglomerates and franchises evolved in the postwar economy is that they relied more on incomes so that they could defend themselves from economic downturns. In addition, franchises had only expanded to other regions or areas of the country. Hope this helps.

8 0

3 years ago