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3 years ago

How would you make a good impression on a CEO as an IT manager?

Business

2 answers:

xz_007 [3.2K]3 years ago

6 0

Answer:

B is correct on edge

Explanation:

enot [183]3 years ago

3 0

I think B just because it makes most sense

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Who wants points answer in this question points for 10 points ;)

SpyIntel [72]

Answer:

OK Thanks for the free points

4 0

2 years ago

Read 2 more answers

You want to buy a car, and a bank will lend you $15000. The loan will be fully amortized over 5 years(60 months), and the nomina

inysia [295]

Answer:

a) $ 333.67

b) 12.6825

Explanation:

a) The 333.67 amount is the payment per month without interest and of course interest will differ from month to month as the loan is amortized monthly. to get the payment using financial calculator its N= 60, I/YR = 12%/12=0.01, 15000=PV, FV=O THEN COMPUTE PMT

OR use the formula pmt= PV/1-1/(1+rate)^time/rate

b) To get EAR = (1+ rate/ compounding)^compounding-1

(1+0.12/12)^12-1

6 0

3 years ago

Which is most true of an annual rate of 4% compounded quarterly? A) It is equivalent to 4.4% paid annually. B) It is equivalent

Artemon [7]

Answer:

D) It is equivalent to 4.06% paid annually

Explanation:

Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:

Interest for each quarter = $\frac{4}{100} \times \frac{3}{12}$ = 1%

But this 1% will be paid on the compounded value

Interest at end of Quarter 1 = $100 X 1% = $1

Compounded value at end of Quarter 1 = $100 + $1 = $101

Interest at end of Quarter 2 = $101 X 1% = $1.01

Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01

Interest at end of Quarter 3 = $102.01 X 1% = $1.0201

Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301

Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301

Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401

Now net return annually = $4.060401/$100 = 4.06%

Final Answer

D) It is equivalent to 4.06% paid annually

6 0

3 years ago

A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to cust

riadik2000 [5.3K]

Answer:

Debit Unearned Revenue $11,250

Credit Sales $11,250

Explanation:

B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.

C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.

D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.

E. Again, cash cannot be credit. Therefore, it is incorrect.

A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.

3 0

3 years ago

Record transactions of purchasing company. On October 5, Splish Brothers Company buys merchandise on account from Bramble Compan

Vlad [161]

Answer:

See explanation section

Explanation:

October 5 Merchandise Inventory Debit $4,700

Accounts Payable - Bramble Company Credit $4,700

<em>To record the merchandise Inventory purchase on account. As the company uses perpetual inventory system, merchandise inventory becomes debit instead of purchase account.</em>

October 8 Accounts payable Debit $720

Merchandise Inventory credit $720

<em>To record the return of defective goods to Bramble Company. (Using perpetual inventory system)</em>

8 0

3 years ago