1. Get Rid of Your Negative Outlook
When something new comes your way then your first thoughts maybe “I can’t do this.” Don’t quit and take this challenge as soon as possible because that way it will be way better.After sometime you are gonna realize that you have to do it.
2. Start With a Small Step
Take small baby steps at a time and divide your work into smaller chunk and to deal with small chunk of the work
3. collect Information and Resources
And now that you are focused,it’s time to face the truth and get going.Get to know what you need and ask for the things you need for the project and you can soon get people who can aid you with the information and resources and that option is better rather than trying to do all the work by yourself
4. Take a beat at It
you have done all you could and now you can’t backdown so there is no scope of procastination.
There are two things in this either you get it right in the first go or you don’t and you move to step 5
5. Assess and Repeat
Take feedback after the first as you have all the relevant information.
Answer: True
Explanation: The United States Consumer Product Safety Commission is an independent agency of the United States government which was founded in October 27 1972 by the Congress. The U.S CPSC is tasked with promoting the safety of consumer products by assessing risks which may lead to injury, developing uniform safety standards and researching illnesses and injuries that may be due to products.
Their guidelines become legislative rules which are binding and has the same effect as a statute. These rules must he adhered to and in the case of the multipurpose lighter, the rule requires that children under the age of 5 should not be able to light a fire while playing with the lighter.
This rule reduces injuries and deaths that occur within this age bracket and it requires that at least 85% of children who test a dummy lighter must not be able to operate it.
Based on the amount earned and the monthly expenses, Eric should set aside <u>$16,200</u> for an emergency fund.
It is generally recommended that when settling cash aside for an emergency fund, the amount that one sets aside be 3 times their monthly expenses.
Eric's monthly expenses are $5,400 so the amount to be set aside should be:
= 5,400 x 3
= $16,200
In conclusion, Eric should set aside $16,200 for the emergency fund.
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Answer: The P/E multiple and EVA approach and their use to value common stock.
P/E multiple: The term used for price/earnings multiple reflects the market price of a stock as the times of earnings per share of that company. It determines the investor's willingness towards the current market price of the stock.
Economic value added(EVA): this approach is a measure to evaluate a company stock based on economic value, it has added at a specified time. It considers the opportunity cost of capital invested in the business and the next operating profit generated by the business.
Explanation: The P/E multiple is the basis to analyze the stock price with the earnings so that the appropriate value of a stock is estimated.
The P/E approach can be used as a starting point in stock valuation. If a stock's P/E ratio is well above its industry average and if the stock's growth potential and risk are similar to other firms in the industry, the stock's price may be too high. To estimate a ball-park value multiply the firm's EPS by the industry average P/E ratio.
An alternative approach is based on the concept of Economic Value Added (EVA). Remember, EVA = Equity(ROE - rs). Companies increase their EVA by investing in projects that provide shareholders with returns greater than the cost of capital. When you purchase a firm's stock, you receive more than just the book value of equity—you also receive a claim on all future value that is created by the firm's managers.
Answer:
(D) $ 1,450
Explanation:
The ending balance in allowance for uncollectible accounts is calculated by the following equation.
Opening Balance + Allowance for the year - Receivables written off = Ending Balance
$ 1,610 + $ 1,590 (0.5 % of sales on credit, $ 318,000 *0.5%) - $ 1,750 ( Receivables written off) = Adjusted allowance for uncollectible accounts <u>$ 1,450</u>
The amounts collected are not relevant in calculating the ending balalnce