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atroni [7]
3 years ago
13

Anthony is in his senior year of college. He spends time creating a LinkedIn page so recruiters can more easily find him. He als

o goes to the university sponsored meet the firms" nights to become more acquainted with people in the corporate world. In this scenario, Anthony is investing in his"
Business
1 answer:
lutik1710 [3]3 years ago
6 0

Answer:

social capital

Explanation:

Social capital refers to your social relationships and the factors that may affect how you are perceived by your social group and how you interact with them.

In this case, since Anthony is about to graduate he wants to know some potential recruiters and/or fellow coworkers. When you graduate your world changes and the organization that you will work for becomes a very important part of your social environment and people have to learn to deal with the benefits and problems that come with such an important change.  

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Matt Company uses a standard cost system. Information for raw materials for Product RBI for the month of October follows: Standa
Troyanec [42]

Answer:

$100 favorable

Explanation:

The computation of the material purchase price variance is shown below:

= Actual Quantity purchased × (Standard Price - Actual Price)

= 2,000 pounds × ($1.60 - $1.55)

=  2,000 pounds × $0.05

= $100 favorable

Simply we took the difference between the standard and the actual price, and then multiply it by the actual quantity purchased

6 0
3 years ago
Perdue Company purchased equipment on April 1 for $93,420. The equipment was expected to have a useful life of three years, or 7
k0ka [10]

Answer:

The depreciation cost per year is:

Year 1: $16,800

Year 2: $31,200

Year 3: $27,600

Year 4: $15,120

Explanation:

To calculate the depreciation cost for the equipment based on hours used, we must determine the cost per hour:

cost per hour = (purchase cost - salvage value) / expected useful life

cost per hour = ($93,420 - $2,700) / 7,560 hours = $90,720 / 7,560 hours = $12 per hour

The depreciation cost per year is:

Year 1: 1,400 hours x $12 per hour = $16,800

Year 2: 2,600 hours x $12 per hour = $31,200

Year 3: 2,300 hours x $12 per hour = $27,600

Year 4: 1,260 hours x $12 per hour = $15,120

3 0
3 years ago
if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to
prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0
3 years ago
In Marigold Company, land decreased $156000 because of a cash sale for $156000, the equipment account increased $58000 as a resu
Andrews [41]

Answer:

$ 98,000.00  

Explanation:

The net cash provided by investing activities is the  difference between cash provided by disposal of land which is $156,000 minus the cash paid to acquire equipment which was $58,000.

Net cash provided by investing activities=$156,000-$58,000=$ 98,000.00  

The cash received from bonds issuance of $113,000 is a cash inflow under financing activities not finance-activity related,hence it is not included in the computation above.

8 0
3 years ago
For Crane Company, sales is $1700000 (8500 units), fixed expenses are $480000, and the contribution margin per unit is $60. What
const2013 [10]

Answer:

The Margin of safety is $100,000

Explanation:

Price = Sales / number of units = $1,700,000 / 8500 = $200

Contribution margin ratio is the ratio of contribution margin to the sales value. It measure the ratio that contributes in the recovery of fixed cost and making profit.

Contribution margin ratio = Contribution margin / Sale price = $60 / $200 = = 0.3 = 30%

Break-even is the level of sales at which business has no profit no loss situation.

Break-even point = Fixed cost / Contribution margin ratio = $480,000 / 30% = $1600,000

Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.

Margin of Safety = Total sales - Break-even point = $1,700,000 - $1,600,000

= $100,000

6 0
3 years ago
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