All categories

3 years ago

A mentor provides A. Low interest loans B. Financing C. Tutoring D. Free labor

2 answers:

8 0

A mentor may share with a mentee (or protege) information about his or her own career path, as well as provide guidance, motivation, emotional support, and role modeling. A mentor may help with exploring careers, setting goals, developing contacts, and identifying resources

Degger [83]3 years ago

5 0

C. Because a mentor is like guiding and giving advice.
Sorry if it’s wrong

You might be interested in

Sanders Enterprises arranged a revolving credit agreement of $9,000,000 with a group of banks. The firm paid an annual commitmen

Kaylis [27]

Answer:

Total dollar Annual Cost = $300,000

Explanation:

Total loan Commitment = 9000000

Borrowed Fund (Used Portion) = 6000000

Unused Portion (9000000 - 6000000) = 3000000

Annual Commitment Fee for unused Portion = 0.50%

Commitment Fee = 3000000 x 0.05% = 15000

Borrowed Fund (Used Portion) = 6000000

Interest Rate (3.25% + 1.5%) = 4.75%

Interest Cost (6000000 x 4.75%) = 285000

Total dollar Annual Cost (15000 + 285000) = $300,000

5 0

3 years ago

At December 31, 2012 and 2013, Plank Corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,0

zalisa [80]

Answer:

Preference shareholders = $36,000

Equity shareholders = $9,000

Explanation:

As provided the outstanding preference dividend at end of 2012 = $12,000

Total cash dividends declared = $45,000 in the year 2013

Regular preference dividends = $100 $\times$ 3,000 $\times$ 8% = $24,000

Thus, when dividends will be paid in 2013 then firstly they will be used for payment to preference shareholders.

Thus, the company shall pay:

$12,000 + $24,000 = $36,000 to preference shareholders.

Further the balance will be paid to equity shareholders.

= $45,000 - $36,000 = $9,000

3 0

3 years ago

Business can handle risks through which of the following

lana [24]

Answer:

offering a wide range of products

Explanation:

5 0

3 years ago

Read 2 more answers

The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-

ANEK [815]

Answer:

Cash $10,430 ; Cash equivalents $20,400

Explanation.

Cash consist of all currencies in hand or any convertible asset which can be converted to cash immediately.

It is to be noted that the assets with high liquidity will be included in cash and cash equivalent balance. They can quickly be converted to cash and would normally have 90 or lesser days to mature.

Solution.

Cash in bank. 8,540

Petty cash. 250

Check from customer. 1,350

Money order. 290

Cash. 10,430

The check has a very short maturity period since it will clear within 3-4 working days.

Money order can be cashed immediately .

Therefore;

Cash value is $10,430

For cash equivalent,

Cash equivalent = Money market fund balance + Treasury bills maturing in 60days

Cash equivalents = $10,400 + $10,000

=$20,400.

The amounts considered as cash and cash equivalents as of 31 December are ;

Cash $10,430 , $20,400 respectively.

8 0

3 years ago

If a company's cost of capital increases unexpectedly, which of the following actions will help it maintain or increase its stoc

Kitty [74]

Answer:

III) Increase its gross margin

Explanation:

If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.

The only option that increases the value of the company is to increase its net profit, since:

an increase in inventory will result in a lower stock price
a decrease in the asset turnover ratio will result in a lower stock price
the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower

4 0

3 years ago