How can you determine your net worth?

Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would u

atroni [7]

The two methods used to identify job opportunities are identify the area of specialization and train yourself according to that specialization.

Explanation:

The job offers can be found through Networking, Referrals, company websites, job fairs and social media.

The another method is through employment agency, are agencies that are trying to match up the job applicants to job that suits them. They have a connection with the organization and there is a high probability of landing a job with the organization.

Also, it is necessary to upgrade yourself to the area of specialization. If IT skilled then the job seeker should train on it to get placed on that relevant organization.

3 0

3 years ago

A liability created when a business collects cash from customers in advance of providing services or delivering goods is called?

Bumek [7]

<span> <span>The liability created by receiving cash before providing the service or delivering the goods in question is called unearned revenue. In this case, the entity providing the goods/services records this transaction as revenue that has been generated but in real sense, the seller remains with the liability until after the actual delivery of the goods/services. The purpose of this practice can be advantageous to the seller in certain situations such as easing the burden of paying interest on debts.</span></span>

3 0

3 years ago

Janet Foster bought a computer and printer at Computerland. The printer had a $900 list price with a $100 trade discount and 2/1

nikdorinn [45]

Answer:

Janet Foster

a. Janet could save $12.44 on the printer by borrowing $800 to take advantage of the cash discount.

b. On the computer, the difference in the final payment between choices 1 and 2 is $197.

It is advisable for Janet to choose the first option.

Explanation:

a) Data and Calculations:

Printer:

List price of printer = $900

Trade discount = 100

Purchase cost = $800

Cash discount terms = 2/10, n/30

Cash discount = $16 ($800 * 2%)

Interest on loan to purchase printer = $3.56 ($800 * 8% * 20/360)

Savings if loan is borrowed = $12.44 ($16 - $3.56)

Computer:

List price = $4,060

Trade discount = 25% or $1,015 ($4,060 * 25%)

Purchase cost = $3,045

Payment options:

1) = $160 * 17 months = $2,720

Balance on 18th month 325

Total payment = $3,045

2) = Payment with 8% interest for 18 months equal payment = $180.08

From an online financial calculator:

N (# of periods) 18

I/Y (Interest per year) 8

PV (Present Value) $3,045

FV (Future Value) 0

P/Y (# of periods per year) 12

C/Y (# of times interest compound per year) 12

PMT made at the end of each period

Results

PMT = $180.08

Sum of all periodic payments $3,241.48

Total Interest $196.48

Difference in final payment:

Choice 1 , total payment = $3,045

Choice 2, total payment = $3,242

Difference in final payment = $197

6 0

3 years ago

The predetermined overhead rate for manufacturing overhead for 2020 is $4.00 per direct labor hour. Employees are expected to ea

timofeeve [1]

Answer:

$60,000

Explanation:

The computation of the estimated manufacturing overhead is shown below:

Estimated manufacturing overhead = Direct labor hours × predetermined overhead rate

where,

Direct labor hours = Total Direct labor cost ÷ Cost per hour

= ($100,000 × 75%) ÷ ($5)

= 15,000 direct labor hours

Now the estimated manufacturing overhead equal to

= 15,000 direct labor hours × $4

= $60,000

3 0

3 years ago

In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici

timama [110]

Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

Explanation:

The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.

3 0

3 years ago