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Len [333]
3 years ago
13

Sylvia is a budget analyst for the state of Kentucky. her job is to look over the state government's spending and suggest and su

ggest ways to save on government funds. What education might have been appropriate for Sylvia to qualify for this position
Business
1 answer:
Zinaida [17]3 years ago
8 0

There is various education that might have been appropriate for Sylvia to qualify for this position. One of the education includes Bachelor's Degree in <u>Public Administration.</u>

Other education that might have been appropriate for Sylvia to qualify for this position includes the following:

Minimum of Bachelor's Degree in Business, Finance, Accounting, Economics, Actuarial Science, Statistics, Applied Mathematics, etc.

This is because the ability to prepare budget analysis would require Sylvia to possess numeracy and analytical skills at a degree level.

Regardless of the degree, he must hold, Sylvia is expected to have passed coursework in accounting, economics, statistics, etc.

Hence, in this case, it is concluded that Sylvia must have studied business and finance-related courses.

Learn more here: brainly.com/question/19107339

You might be interested in
Banks channel money from savers to borrowers to _____. investors the government scarce resources
inn [45]
Investors would be the answer 
8 0
3 years ago
Your annual salary is $100,000. You are offered two options for a severance package. Option 1 pays you 6 months' salary now. Opt
kotegsom [21]

Answer:

Option 1 is more convenient.

Explanation:

Giving the following information:

The annual salary is $100,000. You are offered two options for a severance package. Option 1 pays you 6 months' salary now. Option 2 pays you and your heirs $6,000 per year forever

The present value of option 1 is:

PV= 6*100,000= $600,000

To calculate the present value of option 2 we need to use the present value formula of a perpetual annuity:

PV= Cash flow/i

PV= 6,000/0.11= $54,545

There is no doubt that option 1 is better.

7 0
3 years ago
Larkspur Industries acquired two copyrights during 2020.
denpristay [2]

Answer:

1st copyright will not be reported on balance sheet.

2nd copyright will be reported on balance sheet.

Dr Copyright (Intangible Asset) $34,000

Cr Cash $34,000

Explanation:

<u>1st Copyright</u>

If an intangible asset is internally generated, none of its costs are capitalized.

<u>2nd Copyright</u>

Acquired copyright is reported on balance sheet as an intangible asset. Company may include only outright purchase costs in the acquisition cost of an intangible asset; the acquisition cost does not include cost of internal development.

Only recognized intangible assets with finite useful lives are amortized. Recognized intangible assets having indefinite useful lives are not amortized.

3 0
3 years ago
You own 310 shares of stock in a firm that currently sell for $55 per share. The company has announced a dividend of $3.20 per s
Nesterboy [21]

Answer:

The value of your portfolio on May 3 is $16,058.

Explanation:

Since it is assumed that there is no tax, the value of a share on ex-dividend date is the current share per share minus the announced dividend per share share. Therefore, we have:

Price per share on ex-dividend date = Current share per share - Announced dividend per share share = $55 - $3.20 = $51.80

Therefore, the value of your portfolio on May 3 which is the ex-dividend date can be calculated as follows:

Portfolio value on May 3 = Number of shares owned * Price per share on ex-dividend date = 310 * $51.80 = $16,058

Therefore, the value of your portfolio on May 3 is $16,058.

8 0
3 years ago
The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2019 Dec. 31, 2018 Total liabilities $4,085,000 $2
Rudik [331]

Answer:

Dec. 31, 2019 Ratio to Liabilities to Owner's Equity = 0.95

Dec. 31, 2018 Ratio to Liabilities to Owner's Equity = 0.80

Explanation:

given data

Dec. 31, 2019

total liabilities = $4,085,000

Total owner's equity = 4,300,000

Dec. 31, 2018

total liabilities = $2,880,000

Total owner's equity =  3,600,000

to find out

Compute the ratio of liabilities to owner's equity

solution

we know that here Ratio to Liabilities to Owner's Equity is Total Liabilities divide Total Owner's Equity      ....................1

so

now put here value for both 2018 and 2019 from equation 1

so for Dec. 31, 2019

Ratio to Liabilities to Owner's Equity = \frac{4085000}{4300000}

Ratio to Liabilities to Owner's Equity = 0.95

and for Dec. 31, 2018

Ratio to Liabilities to Owner's Equity = \frac{2880000}{3600000}

Ratio to Liabilities to Owner's Equity = 0.80

6 0
3 years ago
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