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3 years ago

Trent is having trouble answering some of the questions the interviewer is asking him. Trent could have prevented this by:

1 answer:

7 0

It depends on the type of trouble he is having is it the communication problem, i guess all three could help.practicisng with a friend can help take out some the hasitation and the anxiety of the interview. preparing questions to ask the interviewer doesnt help a great deal. since he is gonna ask what he is gonna ask. bringing in a portfolio can help ease the atmosphere. an impressive portfolio can help decrease the questions that the interviewer may ask.

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Jim had a beginning inventory of $5,500. During the month of April, he purchased $4,000 of food and had an ending inventory of $

Likurg_2 [28]

Answer:

1.23

Explanation:

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.

Cost of Sales=Opening Inventory+Purchases-Closing Inventory

=5,500+4,000-3,800= 5,700

Average Inventory= Opening + Closing/2

= 5,500+3,800/2= 4,650

Inventory Turnover Ratio= Cost of Sales

Avg Inventory

= 5,700/4,650=1.23

8 0

3 years ago

The public debt for the economy is

Paraphin [41]

The public debt is the amount of money that a government owes to outside debtors. Public debt allows governments to raise funds to grow their economy or pay for services. Politicians prefer to raise public debt rather than raise taxes. When public debt reaches 77% of GDP or higher, the debt begins to slow growth.

4 0

3 years ago

Listed below are some provisions that are often contained in bond indentures. Which of these provisions, viewed alone, would ten

monitta

Answer:

2. A given bond is subordinated to other classes of debt.

Explanation:A bond Indenture is a legally approved contract between a bond holder(the buyer of the bond) and a bond issuer(the original owner of the bond,who sold it to the bond holder).

Subordinated bond is also known as junior Securities or subordinated debt are bonds that are lower in rank compared to other bonds,a subordinated bond holder is only paid when other senior bond have been completely paid out.

4 0

3 years ago

Pitney Co. purchased an office building, land, and furniture for $639,300 cash. The appraised value of the assets was as follows

serg [7]

Solution :

a). Amount to be recorded on the books for each of the assets.

Working Allocated cost($)

Land (639,300 / 716,016 )x 136,043 121467

Building (639,300 / 716,016 )x 179,004 159825

Furniture (639,300 / 716,016 )x 400,969 358008

Total 639,300

b). Statement model

Assets : Cash + Land + Building + Furniture

639,300 + 121,467 + 159825 + 358008

Cash flow = 639,300

c). Journal entry

General journal Debit($) Credit($)

Land 121,467

Building 159,825

Furniture 358,008

Cash 639,300

5 0

3 years ago

Ginny Trueblood is considering an investment which will cost her $120,000. The investment produces no cash flows for the first y

velikii [3]

Answer:

The project should be rejected as the payback period of 3.97 years exceeds the required 3 years. So, the correct option is E

Explanation:

The table showing the discounted cash flows of each year:

Computing discounted payback as:

Discounted Payback = Number of years + (Initial Cost - Discounted Cash flow of year 1 + Discounted Cash flow of year 2 + Discounted Cash flow of year 3 / Discounted Cash flow of year 4)

= 3 + ($120,000 - $0 - $28,925.62 - $41,322.31 / $51,226.01)

= 3 + ($49,752.07 / $51,226.01)

= 3 + 0.97

= 3.97

Working Note:

Discounted Cash Flow is computed as:

Discounted cash flow = Cash Flow / (1 + r) ^ n

where

r is rate of return that is 10%

n is number of year

So,

For 1st year:

= $0 / (1 + 0.1) ^1

= $0

For 2nd year:

= $35,000 / (1 + 0.1) ^ 2

= $35,000 / 1.21

= $28,925.61

For 3rd year:

= $55,000 / (1 + 0.1) ^ 3

= $55,000 / 1.331

= $41,322.31

For 4th year:

= $75,000 / (1 + 0.1) ^ 4

= $75,000 / 1.4641

= $51,226.01

6 0

3 years ago