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bekas [8.4K]
3 years ago
5

Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician,

has suggested that Andy consider an apprenticeship with his company, in part because the occupation is considered a “bright outlook” job and it also is becoming recognized as a “green” industry. Andy’s friend, on the other hand, thinks that Andy should go to work with him at his father’s contracting business as a plaster tender. Andy quickly realizes that the choice he makes at graduation will have long-term effects on his opportunities for career advancement and lifelong income potential. Andy wants to consider many of the factors affecting this important decision, including the education and training needed to begin work, apprenticeship opportunities, licensure requirements, and wages.
Assume the role of Andy’s grandfather who spent his entire career in the building trades and, in an essay of at least 150-words, compare several of the advantages and limitations associated with each career path.
Business
1 answer:
mojhsa [17]3 years ago
3 0

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

You might be interested in
Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72
otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

5 0
3 years ago
Donna’s philosophy as she coordinates her firm’s marketing efforts is to keep in mind the company’s overarching strategy, and to
klio [65]

Answer:

Explanation:

Integrated Marketing Communications or IMC is an approaching in marketing that seeks to ensure a unified experience for a firm's customers, marketing efforts and even mangement across various channels of communication. IMC tries to ensure that a links are maintained among all forms of messages and communications between the firm and its consumers.

IMC not only ensure the integration of promotional or marketing tools to ensure harmony, it also ensures that marketing activities are constantly in line with the firm's strategies and objectives.

IMC seeks to integrate all levels of communcation including vertical, horizonal, external and internal levels of communication to strengthen its communcation lines and marketing activities.

Donna's approach constantly marries her  firm's marketing activities with the company's strategies and goals through an integrated communication system that is constantly and consistently active for instructions as well as feedbacks. The approach believes that an organisation's objectives are better and easily achieved when all communication tools and channels work in harmony to create one voice.

4 0
4 years ago
The following transactions occur for Badger Biking Company during the month of June: Provide services to customers on account fo
Licemer1 [7]

Answer:

Accounting equation is as follows:

Assets = Liabilities + Stockholder's Equity

(a) Services worth of $47,000 provided on account which increases the accounts receivable which is a part of assets and increases service revenue which is a part of equity.

Assets = Increases ($47,000)

Stockholder's Equity = ($47,000)

(b) Received cash from the customers for services provided on account.

This increases the cash which is a asset and reduces the accounts receivable with the same amount.

Assets = Increases ($47,000) ⇒ Cash

Assets = Decreases ($47,000) ⇒ Accounts receivable

(c) Purchasing a bike by signing a note would increases the notes payable which is a liability and increases the Equipment which is a asset.

Assets = Increases ($32,000) ⇒ Equipment

Liabilities = Increases ($32,000) ⇒ Notes payable

(d) This will reduce the cash which is an asset and increases the utility expense which lead to reduce the equity.

Assets = Decreases ($4,700) ⇒cash

Stockholder's Equity = ($4,700) ⇒ Utility expense

8 0
3 years ago
Presented here are summarized data from the balance sheets and income statements of Wiper, Inc.:
zaharov [31]

Answer:

Wiper, Inc.

a. Return on investment, based on net income and average total assets, for 2017 and 2016.

                                     2017       2016

Return on investment    7%          8%

b. Return on equity for 2017 and 2016.

                                 2017       2016

Return on equity      22%         21%

c. Working capital and the current ratio for each of the past three years.

                                            2017        2016         2015

Working capital                   $176        $140         $109

Current ratio                           1.3          1.2            1.1

d. Earnings per share for 2017 and 2016:

                                       2017     2016

EPS =                            $5.28    $4.58

e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2017, the market price of the stock is:

= $63.36

Explanation:

a) Data and Calculations:

WIPER, INC.

Condensed Balance Sheets

December 31, 2017, 2016, 2015

(in millions)

                                             2017        2016         2015 Average 2017 2016

Current assets                    $764        $981         $843     $872.5       $912

Other assets                      2,424        1,931         1,730   $2,177.5    $1,830.5

Total assets                      $3,188     $2,912     $2,573  $3,050      $2,742.5

Current liabilities                $588        $841       $ 734       $714.5      $787.5

Long-term liabilities           1,582        1,034          910    $1,308        $972

Stockholders’ equity     1,018        1,037         929    $1,027.5     $983

Total liabilities and

stockholders' equity     $ 3,188    $ 2,912   $ 2,573   $3,050     $2,742.5

WIPER, INC

Selected Income Statement and Other Data

For the year Ended December 31, 2017 and 2016

(in millions)

                              2017      2016

Income statement data:

Sales                   $3,061 $2,924

Operating income  307       321

Interest expense      95         76

Net income            224        219

Other data:

Average number of common shares outstanding 42.4   47.8

Total dividends paid $61.0   $53.4

a. Return on investment:

2017 = 7% ($224/$3,050 * 100)

2016 = 8% ($219/$2,742.5 * 100)

b. Return on equity:

2017 = 22% ($224/$1,018 * 100)

2016 = 21% ($219/1,037 * 100)

c. Working capital = Current assets Minus Current liabilities

Current Ratio = Current assets/Current liabilities

                                             2017        2016         2015

Current assets                    $764        $981         $843

Current liabilities                $588        $841         $734

Working capital                   $176        $140         $109

Current ratio                           1.3          1.2            1.1

d. Earnings per share = Net income/Outstanding shares

                                    2017        2016

Net income                   224         219

Outstanding shares    42.4        47.8

EPS =                            $5.28    $4.58

e. Price/Earnings ratio = 12 for 2017

Market price = $63.36 ($5.28 * 12)

4 0
3 years ago
How is the value of a product determine
jasenka [17]
<span>The market value of a product is the price point that is generally accepted by seller and buyer




Hope this helps best of luck =]
</span>
3 0
3 years ago
Read 2 more answers
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