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2 years ago

1. Which of the following courses in high school would be most helpful for a person wanting a

Business

1 answer:

den301095 [7]2 years ago

3 0

Accounting is the course which will be most helpful.

Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education, Entrepreneurial skills and so on in the "business section".

Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.

In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"

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Required:

olga55 [171]

Answer:

Find below the variables missing from the question:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

Division A Division B Division C

Sales $5,800,000 $9,800,000 $8,900,000

Average operating assets $1,450,000 $4,900,000 $2,225,000

Net operating income $284,200 $872,200 $191,350

Minimum required rate of return 18.00% 17.80% 15.00%

On the basis on return on investment Division A is preferred

On the basis of residual income Division A is also preferred

Explanation:

Return on investment is the net operating income compared to the average operating assets in the year:

Division A return on investment=$284,200/$1,450,000=19.6%

Division B return on investment=$872,200/$4,900,000=17.8%

Division C return on investment=$191,350/$2,225,000 =8.60%

Residual income=net operating income-(required rate of return*average operating assets

Division A residual income=$284,200-(18%*$1,450,000)=$23200

Division B residual income=$872,200-(17.80%*$4,900,000)=$0

Division C residual income=$191,350-(15%*$2,225,000)=$=$191,350-(15%*$2,225,000)

4 0

3 years ago

By lowering production costs, subsidies help foreign competitors gain export markets. True or False

Luden [163]

Answer:

False

Explanation:

Whenever, there will be reduced production costs, due to any reason in the economy, then the goods will be cheaper and accordingly the sale will be in abundance assuming other factors remain constant.

Thus, due to subsidies the cost to producers will be less and then exporters will not be able to get more share as domestic goods will cost cheaper.

Thus, there will not be any gain to foreign competitors in our domestic markets, as they will not get any share extra rather they will loose as a foreign competitor. In fact goods which are exported will also cost low, and therefore, will gain new customers.

Therefore, above stated statement is false.

5 0

3 years ago

Data concerning Bedwell Enterprises Corporation's single product appear below:

melisa1 [442]

Answer:

unit sales = $3482.49

Explanation:

given data

Selling price per unit = $240.00

Variable expenses per unit = $99.50

Fixed expense per month = $454,290

monthly target profit = $35,000

solution

we get here contribution margin that is express as

contribution margin = Sales - Variable cost ..................1

put here value

contribution margin = $240 - $99.50

contribution margin = $140.50

so here Target Contribution margin will be

Target Contribution margin = Fixed cost + Target profits ...............2

put here value

Target Contribution margin = $454,290 + $35,000

Target Contribution margin = $489290

so here unit sales will be as

unit sales = $\frac{489290}{140.5}$

unit sales = $3482.49

8 0

3 years ago

If the annual growth rate in Real GDP is 4 percent, then it will take 25 years for the economy to double in size.

AVprozaik [17]

Answer:

False

Explanation:

The growth of 4% for 25 years would nominally signify a 100% increase and you might think that the economy has double its size. But you must take into account that’s this is a compound growth then the economy would reach the double of its size before 25 years.

Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.

If you notice the extra 0.016 increase for the second year is the effect of calculating the 4% increase based on the previous size 10 plus 0.4.

5 0

3 years ago

On july 25, henry company's accountant prepared a check for august's rent payment. henry company mails the checkon july 27 to th

erastovalidia [21]

<span>Henry Company should record the rent expense on August 2. Although the check was prepared on July 25 and mailed on July 27, it should not be recorded until the check is actually cashed.</span>

4 0

3 years ago