Ask question

Ask question

All categories

3 years ago

10

Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which

career would be a good fit for her? A. accountant B. purchasing agent C. commercial carpenter D. human resources manager

1 answer:

klemol [59]3 years ago

3 0

Accountant would be a good fit for her

You might be interested in

Proposals L and K each cost $600,000, have 6-year lives, and have expected total cash flows of $720,000. Proposal L is expected

kobusy [5.1K]

Answer: Project L = 3.53 years

Project K = 4 years

Explanation: Payback period can be defined as the period in which the company can recover its initial amount invested from the cash inflows of the project. We can calculate the payback period as follows :-

$Payback\:period=\frac{Initial\:cost}{cash\:inflows}$

.

therefore, payback period Project L :-

$Payback\:period=\frac{600,000}{170,000}$

= 3.53 years

.

payback period of project K :-

$Payback\:period=\frac{600,000}{250,000+200,000+100,000+50000}$

= 4years

6 0

3 years ago

Financial statements can mislead a potential purchaser trying to develop an accurate business valuation. True False

nevsk [136]

Answer:

TRUE

Explanation:

Often financial statements may confuse a potential buyer looking to develop an objective assessment of the company.

As part of the assessment phase, a purchaser will review the seller's balance sheet to see if the asset book prices are appropriate.

Evaluating a firm is an easy task, culminating in an accurate figure. The aim of assessing an enterprise's worth is to provide a baseline for use in determining the business ' price of the property, by this they attract a potential buyers.

for example, some times companies used to show their asset on the historical prices by this they can manipulate potential buyers.

8 0

3 years ago

0.83 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.83 points A company has a fisca

Lynna [10]

Answer:

1. Dr Insurance expense7,250

Cr Prepaid insurance7,250

2. Dr Interest receivable 675

Cr Interest revenue 675

3. Dr Depreciation expense15,400

Cr Accumulated depreciation15,400

Explanation:

Preparation of Journal entry

1. Based on the information given we were told that the amount of $29,000 was been paid for a one year fire insurance policy which means that the Journal entry will be :

Dr Insurance expense7,250

Cr Prepaid insurance7,250

($29,000 × 3/12 = $7,250)

2. Based on the information given we were told the company gave advanced to its chief financial officer for the amount of $27,000 which as well include principal and interest at 5% which means that the Journal entry will be :

Dr Interest receivable 675

Cr Interest revenue 675

($27,000 × 5% × 6/12 = $675)

3. Based on the information given we were told that the Depreciation on the equipment is the amount of $15,400 per year which means that the Journal entry will be :

Dr Depreciation expense15,400

Cr Accumulated depreciation15,400

5 0

3 years ago

After identifying various market segments that her company could pursue, Lisa evaluated each segmentâs attractiveness based on s

OleMash [197]

Answer:

D) target marketing.

Explanation:

Target marketing -

It is the group of customers in the business service market , where the business aims for marketing resources and efforts .

It is a type of subset of the total market for a service and goods .

The main component of the target marketing is to evaluate the potential target .

hence , from the information of the question , Lisa is involved in D) target marketing .

4 0

3 years ago

Crossroads Mall had 100,000 outstanding shares of common stock. On June 16, 2018, Crossroads repurchased 20,000 shares of its ow

timofeeve [1]

Answer:

The answer is c. Increase in assests and increase in stockholder's equity.

Explanation:

The accounting entries Crossroads Mall will have for the sell of repurchased shares as followed:

Dr Cash 280,000

Dr Paid-up capital and/or Retained Earning 20,000

Cr Common share 300,000

( further calculation notes: sold of 10,000 repurchased shares at $28 brings about 280,000 in cash; while common shares will be recorded at the repurchased price, that is : 30 x 10,000)

Thus, the net effect of the sale of repurchased shares will be the Increase in Cash ( assets) of $280,000 and the Increase in Stock Equity of the same amount, that is, $280,000.

7 0

3 years ago