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3 years ago

Select all correct answers

Business

1 answer:

Eddi Din [679]3 years ago

7 0

Answer:

D. A list of the questions she intends to ask at the interview

Explanation:

By including the list of questions that she wants to ask in the interview, Amber will be helping the accountant prepare well for the interview. It also increases the chances of the accountant agreeing to Amber's request.

If the accountant has the questions well in advance, Amber is assured of quality and detailed answers compared to an impromptu interview. The accountant may also provide additional and relevant information other than what has been asked.

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You are depositing $3,000 in a retirement account today and expect to earn an average return of 7.5 percent on this money. How m

GrogVix [38]

If we're expecting 7.5% of an increase of our $3,000 in 40 years, then we need to figure out how much of an increase we will get for the 5 plus years.

1.We're constantly dividing until we get the left side to 5 (years).

7.5% -- 40 (Half of 40 is 20, so let's divide by 2 on both sides)

3.75% -- 20 (Half of 20 is 10, so let's divide by 2 on both sides)

1.875% -- 10 (Half of 10 is 5, so let's divide 2 on both sides)

0.9375% -- 5 (We've reached our goal!)

2. Now we have to plug in.

$3,000 x 7.5 = 22,500 (Initial)

Our New Problem with 45 Years Total:

Answer: $3,000 x 8.4375 = $25,312.5

(I never completed a problem like this before, so I hope that this helps. Goodluck.)

6 0

3 years ago

Which of the following statements regarding EBITDA is correct: Select one: a. A defined term in GAAP b. None of the listed answe

andrezito [222]

Answer:

b. None of the listed answers

Explanation:

EBITDA means earnings before interest , tax, depreciation and amortization, whereas operating is the gross profit minus all operating costs, since depreciation and amortization, which are operating costs would have been deducted in arriving at EBITDA, it means operating income and EBITDA are not the same.

Net income is gross profIt minus interest,tax ,depreciation and amortization, hence, it is a far cry from EBITDA.

Note also EBITDA is not recognized by generally accepted accounting principles (GAAP) as a performance measure

4 0

3 years ago

Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?

Kitty [74]

Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market

4 0

3 years ago

On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. After recording the rela

Ilya [14]

Answer:

Explanation:

Cash Payment to customers: $450,000 x contract rate of 9% x 1/2 = $20,250

Amortization of the premium: $11,795/6 periods = $1,966

Bond interest Expense: $20,250 - $1966 = $18,284

3 0

3 years ago

Suppose that a small family farm sold its output for $100,000 in a given year. The family spent $25,000 on fuel, $40,000 on seed

mina [271]

Answer:

Explanation:

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

accounting profit = revenue - explicit cost

Explicit cost includes the amount expended in running the business.

100,000 - (25,000 + 40,000 + 25,000) = 10,000

economic profit = 10,000 - 10,000 = 0

6 0

3 years ago