Answers
Answer:
In regards to a cover letter key, some key protocol must not be violated, a cover letter must be addressed to a person— the writer should not use "To whom it may concern." In case you do not have a name to address the letter to, then address it to a title—For instance as "dear hiring committee" or "dear Human Resources director."
Explanation:
A cover letter must have an opening concise statement, which includes the exact title of the job candidate is applying for.
A cover letter must address each item that is included in the job ad page.
Related Questions
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
For such more question on cash budget:
https://brainly.com/question/28494878
#SPJ8
Between January 2010 and January 2016, U.S. employment increased by 12.1 million workers, but the number of unemployed workers declined by only 7.3 million. True or False: The labor force has remained unchanged.
Answers
Answer:
False, the labor forced increased
Explanation:
labor force = total number of people actively working (employed) or searching for jobs (unemployed)
lets say L = the total labor force in 2010
by 2016, L had increased by 12.1 million and decreased by 7.3 million
net change of L = 12.1 - 7.3 = 4.8 more million people were part of the labor force in 2016 than in 2010.
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
For such more question on net loss:
https://brainly.com/question/28390284
#SPJ8
In most business environments, who is responsible for coordinating, controlling, and managing the database
Answers
Answer:
The database administrator
Explanation:
DATABASE ADMINISTRATOR is a person who sole responsibility is to help manage, control and coordinate everything that has to do with a business, company or an organization database by backing up data and ensuring that all the data are often made available when needed which is why in most business environments DATABASE ADMINISTRATOR are mostly an important role because they help to plan, manage , Create backup as well as monitor and optimized the database’s performance.
Therefore in most business environments the person who is responsible for coordinating, controlling, and managing the database is called
DATABASE ADMINISTRATOR
xercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $240,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1Year 2Year 3Year 4Year 5 Net cash flows$72,000$45,000$71,000$160,000$57,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment
Answers
The net present value of this investment is $44,722.06.
The investment should be accepted.
Net present value is a capital budgeting method. It is calculated as the present value of after-tax cash flows from an investment less the amount invested in the project.
NPV can be calculated using a financial calculator .
Only projects with a positive NPV should be accepted.
Cash flow in year 0 = $-240,000
Cash flow in year 1 = $72,000
Cash flow in year 2 = $45,000
Cash flow in year 3 = $71,000
Cash flow in year 4 = $160,000
Cash flow in year 5 = $57,000
Interest rate = 12%
NPV = $44,722.06
To learn more about net present value, please check: https://brainly.com/question/13739943
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 15,650,000 $ 35,650,000 $ 20,520,000 Average operating assets $ 3,130,000 $ 7,130,000 $ 5,130,000 Net operating income $ 719,900 $ 499,100 $ 595,080 Minimum required rate of return 8.00 % 8.50 % 11.60 % Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute the residual income (loss) for each division. 3. Assume that each division is presented with an investment opportunity that would yield a 9% rate of return. a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity
Answers
Answer:
1. ROI for each division:
Division A Division B Division C
Return on investment (DuPont) = 23% 7% 11.6%
2. Residual income (loss) $469,500 ($106,950) $0
3. Divisions A and C will probably accept the opportunity while Division B will reject it.
Explanation:
a) Data and Calculations:
Division A Division B Division C
Sales $ 15,650,000 $ 35,650,000 $ 20,520,000
Average operating assets $ 3,130,000 $ 7,130,000 $ 5,130,000
Net operating income $ 719,900 $ 499,100 $ 595,080
Minimum required rate of return 8.00 % 8.50 % 11.60 %
Return on investment (ROI) (ordinary) 23% 7% 11.6%
ROI = Net operating income/Average operating assets * 100
Return on investment (DuPont ROI) :
Asset Turnover = 5 5 4
Sales/Average operating assets
Operating income margin =
Income/Sales * 100 4.6% 1.4% 2.9%
Return on investment (DuPont) = 23% 7% 11.6%
Asset Turnover * Operating income margin
Residual income =
Net income - (Equity * RRR) $469,500 ($106,950) $0
NB: Equity is approximated to the net operating asset here.
The following transactions occur for the Wolfpack Shoe Company during the month of June:
Provide services to customers for $30,000 and receive cash.
Purchase office supplies on account for $20,000.
Pay $7,000 in salaries to employees for work performed during the month.
1. Analyze each transaction.
2. Record the transaction.
3. Post the transaction to T-accounts. Assume the opening balance in each of the accounts is zero.
Answers
Answer:
1.
Assets = $30,000 (increase) and Revenue = $30,000 (increase)
Assets = $20,000 (increase) and Liabilities = $20,000 (increase)
Assets = $7,000 (decrease) and Liabilities = $7,000 (decrease)
2.
Cash $30,000 (debit)
Service Revenue $30,000 (credit)
Cash Received for Service Rendered
Office Supplies $20,000 (debit)
Accounts Payable $20,000 (credit)
Office Supplies purchased on credit
Salaries Expense $7,000 (debit)
Cash $7,000 (credit)
Salaries Paid
3.
Cash Account
Debit :
Service Revenue $30,000
Credit :
Salaries Payable $7,000
Balance c/d $23,000
Revenue Account
Debit :
Balance c/d $30,000
Credit :
Cash $30,000
Office Supplies Account
Debit :
Accounts Payable $20,000
Credit :
Balance c/d $20,000
Accounts Payable Account
Debit :
Balance c/d $20,000
Credit :
Office Supplies $20,000
Salaries Expense Account
Debit :
Cash $7,000
Credit :
Balance c/d $7,000
Explanation:
Accounting starts with analyzing transactions and their effects on Assets, Liabilities, Equity, Revenues and Expenses.
The next stage is to record the transactions in Journals. See journals and narrations above.
Then the preparation of Ledger Accounts using the Journal entries.
Which example represents a reward?
A: long break times
B: an achiever's name on the "Employee of the Month" board
C: banquet
D: bonus
Answers
Answer:
To me, it would be all of them, D. Bonus?
Explanation:
Where do you get job applications ?
Answers
Answer:
well its hard but you can apply trough online or go so where they are hiring most likely they will tell you to apply trough online because of everything that is happening but anyways i wish you the best and good luck!!:)
Explanation:
Applicants either receive paper job applications from an employer or print them out from an online source to mail to an employer once completed.
An applicant is a job seeker who has submitted an application or a resume in response to a job posting. Candidate refers to the applicant who passed the screening and satisfies the position's requirements. Any person who meets the definition of "marginalized" or "disadvantaged" as stated in Section 12 of the Legal Services Authority, Act of 1987, is considered an applicant.
"Applicant" in the context of patent applications essentially refers to the owner. A person (or business, also known as a "juristic person") who is eligible to file for a patent is referred to as a "patent applicant," or patent owner.
Learn more about the Applicant here:
https://brainly.com/question/16574853
#SPJ6
Martin Services Company provides its employees vacation benefits and a defined contribution pension plan. Employees earned vacation pay of $49,000 for the period. The pension plan requires a contribution to the plan administrator equal to 6% of employee salaries. Salaries were $500,000 during the period. a. Provide the journal entry for the vacation pay. b. Provide the journal entry for the pension benefit.
Answers
Answer:
a. Provide the journal entry for the vacation pay
Debit Vacation and Holiday expense $49,000
Credit Vacation and Holiday payable $49,000
(To record earned Vacation and Holiday expenses)
b. Provide the journal entry for the pension benefit
Debit Pension expense $30,000
Credit Pension liability $30,000
(Being pension benefit recognition)
Explanation:
The earned vacation and holiday expense has to be recognized in line with the accrual principle of accounting.The pension benefit was also recognized in line with the accrual principle of account. The pension plan is a contribution of 6% of employee salaries, which amounted to $500,000. So, 0.06 x 500,000 = $30,000.Please provide an Excel spreadsheet showing all of your calculations. No credit will be given if this is not provided.
PQL Airlines is developing a new baggage check in system that will automate the process. The airlines will use retained earnings to fund the project. Currently, there are 2,550,000 shares of stock outstanding selling for $27 per share. They expect to pay a dividend of $2.50 per share and they expect to increase these dividends at a rate of 2.2% per year for the foreseeable future. The U.S. Treasury in currently paying 1.25% and the market risk premium is 8.5%. Because volatility in the airline industry, PQL Airlines has a very high beta of 1.8. There is currently $60 million worth of debt outstanding. These bonds are currently trading at 92% of par. The bonds have a 4.5% semi annual coupon annual rate with 10 years remaining. The corporate tax rate is 30%.
The Airlines will finance the expansion with both debt and equity and maintain the same capital structure.
What is the cost of equity?
What is the cost of debt?
What is the Weighted Average Cost of capital for PQL Airlines?
The baggage check system is expected to cost is expected to cost $2,000,000 and they believe will be functional for 5 years. This system will be classified as a 3 year asset for MACRS (table is provided below) and they expect to sell the physical part of the system after that point for $50,000. While this system would not necessary generate any additional revenue from passengers, there would be able to license the system to other airlines and expect to generate licensing revenues of $800,000 a year. In addition, there is an expected reduction in labor cost of $35,000 annually.
Compute the following:
NPV
IRR
Discounted Payback
Profitability Index
What is your recommendation for PQL Airlines and why?
MACRS:
Year 1 - 33%
Year 2 - 45%
Year 3 - 15%
Year 4 - 7%
Answers
Year 1 - 33% is the recommended rating for PQL Airlines. Therefore, choice (A) is the appropriate one.
Any business that offers air transportation services for people and/or cargo is known as an airline. In order to provide these services, airlines use aircraft.
They may also join forces with other airlines to fly the same flight under a codeshare arrangement. A license or air operating certificate issued by a governmental aviation organization typically recommended serves as recognition for airline firms. Both scheduled and charter airlines are possible.
German airship manufacturer DELAG, which was established on November 16, 1909, was the first airline.
The four oldest non-airship airlines that are still in operation are the Czech Airlines, Qantas (1920), KLM (1919), and Avianca (1919), all of which are from the United States.
Learn more about Airlines, from :
brainly.com/question/17528181
#SPJ1
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 19 percent annual interest. The current yield to maturity on such bonds in the market is 11 percent. Compute the price of the bonds for these maturity dates: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)
Answers
The question is incomplete as the maturity dates are missing. The complete question is as follows,
Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 19 percent annual interest. The current yield to maturity on such bonds in the market is 11 percent. Compute the price of the bonds for these maturity dates:
a. 40 years
b. 17 years
c. 8 years
(Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)
Answer:
a.
Bond Price = $1716.084065 rounded off to $1716.08
b.
Bond Price = $1603.90355 rounded off to $1603.90
c.
Bond Price = $1411.68982 rounded off to $1411.69
Explanation:
To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is an annual bond, we will use the annual coupon payment, number of periods and annual YTM. The formula to calculate the price of the bonds today is attached.
a. 40 Years
Coupon Payment (C) = 1000 * 0.19 = $190
Total periods remaining (n) = 40
r or YTM = 0.11 or 11%
Bond Price = 190 * [( 1 - (1+0.11)^-40) / 0.11] + 1000 / (1+0.11)^40
Bond Price = $1716.084065 rounded off to $1716.08
b. 17 Years
Coupon Payment (C) = 1000 * 0.19 = $190
Total periods remaining (n) = 17
r or YTM = 0.11 or 11%
Bond Price = 190 * [( 1 - (1+0.11)^-17) / 0.11] + 1000 / (1+0.11)^17
Bond Price = $1603.90355 rounded off to $1603.90
c. 8 Years
Coupon Payment (C) = 1000 * 0.19 = $190
Total periods remaining (n) = 8
r or YTM = 0.11 or 11%
Bond Price = 190 * [( 1 - (1+0.11)^-8) / 0.11] + 1000 / (1+0.11)^8
Bond Price = $1411.68982 rounded off to $1411.69
dự báo thị trường trên các đường bay dự kiến khai thác
Answers
Based on its growth prospects, a private investor values a local bakery at $750,000. She believes that cost savings having a present value of $50,000 can be achieved by changing staffing levels and store hours. Based on recent empirical studies, she believes the appropriate liquidity discount is 20 percent. A recent transaction in the same city required the buyer to pay a 5 percent premium to the asking price to gain a controlling interest in a similar business. What is the most she should be willing to pay for a 50.1 percent stake in the bakery
Answers
Answer:
the maximum that paid to acquire bakery is $336,672.
Explanation:
The computation is shown below;
= (Value of local bakery + Present value of cost savings) × (1 - discount) × ( 1 + premium) × willing stake of bakery
= ($750,000 + $50,000) × (1 - 0.20) × (1 + 0.05) × 0.501
= $336,672
Therefore, the maximum that paid to acquire bakery is $336,672.
We simply applied the above formula
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
For more such answers on Economic demand
https://brainly.com/question/30703626
#SPJ8
Which forecasting technique involves analysts using the aggregate opinion of expert panelists, along with justified reasoning, to estimate future sales scenarios?
The ________ involves analysts using the aggregate opinion of expert panelists.
Answers
Answer:
case
Explanation:
hope this helps
PLEASE URGENT!!!!!! HELP DUE IN 5MINUTES!!
(1) MS Word is ______ software.
A) Web Browser
B) Word processing
C) Operating system
D) Antivirus
(2) Formatting is performed on
A) Text
B) Table
C) Menu
D) Both A & B
Answers
I think 1 = C
2 = D . . . . . . . . .
Answer:
B word processing and number two is text
question content area gizmo inc. purchased a 1-year insurance policy on october 1 for $2,880. journalize the adjusting entry on december 31. if an amount box does not require an entry, leave it blank. dateaccountdebitcredit
Answers
The adjusting entry credits Prepaid Insurance for $960, which reduces the balance of the asset account to reflect the amount of the insurance policy that has not yet been used up.
Assuming that the insurance policy covers the period from October 1 to September 30 of the following year, the adjusting entry on December 31 would be as follows:
Date Account Debit Credit
December 31 Insurance Expense $960
Prepaid Insurance $960
The original cost of the insurance policy was $2,880 for 1 year, which means that the monthly cost of the insurance policy is $2,880/12 = $240.
On December 31, Content Area Gizmo Inc. would have used up 4 months of the insurance policy (October, November, December, and January are remaining), so the amount of prepaid insurance that has been used up would be 4 x $240 = $960.
The adjusting entry debits Insurance Expense for $960, which represents the portion of the insurance policy that has been used up during the current accounting period (December).
For such more question on Insurance
https://brainly.com/question/25855858
#SPJ4
PLC Ltd. found the following debts to be bad on the dates shown
Answers
The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.
What is PLC?In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.
PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.
Learn more about PLC
https://brainly.com/question/16602847
#SPJ1
instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Answers
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
For more question on industry
https://brainly.com/question/30001696
#SPJ8
Identify what can happen to an entrepreneur who is personally liable for their business in cases of legal, financial, or other business problems.
Answers
Answer: an entrepreneur who is liable for their business can have major problems for a business like earning less money they can still have a business but it will be hard to have co workers in the business
Explanation:
in an organization that employs a hrpp administrator, the io must establish a working relationship such that the hrpp administrator
Answers
In an organization that employs a hrpp administrator, the io must establish a working relationship such that the hrpp administrator feels free to raise problems and concerns of any kind that relate to the HRPP.
What is HRPP?
OHRP aids organisations in their endeavours to assess and enhance the effectiveness of their human research protections programmes (HRPP). To help universities accomplish this goal, OHRP is actively creating and upgrading dated resources.
Using the OHRP Self-Assessment Tool, institutions can evaluate their HRPPs in general and determine their strengths and areas for development. Based on the requirements of the new Common Rule, OHRP provides the research community with thorough basic-level training on human research protections, including printable completion certificates.
To know more about HRPP, click here- brainly.com/question/28523843
#SPJ1
In an organization that employs a hrpp administrator, the io must establish a working relationship such that the hrpp administrator feels free to raise problems and concerns of any kind that relate to the HRPP.
What is HRPP?Organizations receive assistance from OHRP in their efforts to evaluate and improve the performance of their human research protections programs (HRPP). OHRP is actively developing and updating out-of-date resources to assist institutions in achieving this goal.
Institutions can assess their HRPPs generally using the OHRP Self-Assessment Tool to identify their strengths and potential improvement areas. The OHRP offers comprehensive basic-level training on human research safeguards to the research community, complete with printable completion certificates, in accordance with the demands of the new Common Rule.
To know more about HRPP, click here-
brainly.com/question/28523843
#SPJ1
Helen Ming receives a travel allowance of $120 each week from her company for time away from home. If this allowance is taxable and she has a 28 percent income tax rate, what amount will she have to pay in taxes for this employee benefit
Answers
Answer:
$1,747.2
Explanation:
Calculation to determine what amount will she have to pay in taxes for this employee benefit
First step is to determine the Annual travel allowance
Using this formula
Annual travel allowance=Weekly allowance × 52 weeks
Let plug in the formula
Annual travel allowance=$120 × 52 weeks
Annual travel allowance=$6,240
Now let determine the Annual tax
Using this formula
Annual tax=Annual travel allowance × Tax rate
Let plug in the formula
Annual tax=$6,240 × 0.28
Annual tax=$1,747.2
Therefore the amount that she will have to pay in taxes for this employee benefit is $1,747.2
Webcom. Inc. had the following current assets and current liabilities at the end of two recent years:
Current Year (in millions) Previous Year (in millions)
Cash and cash equivalents $8,297 $4,067
Short-term investments, at cost 422 458
Accounts and notes receivable, net 7,041 6,912
Inventories 3,581 3,827
Prepaid expenses and other current assets 1,479 2,377
Short-term obligations 4,815 6,205
Accounts payable 12,774 11,949
Requried:
a. What is the Current Ratio for the current year?
b. What is the Current Ratio for the preceding year?
c. What is the Quick Ratio for the current year?
d. What is the Quick Ratio for the preceding year?
e. What is the Working Capital for the current year?
f. What is the Working Capital for the preceding year?
Answers
Answer:
a. Current Ratio for the current year = 1.18
b. Current Ratio for the preceding year = 0.97
c. Quick Ratio for the current year = 0.98
d. Quick Ratio for the preceding year = 0.76
e. Working Capital for the current year = $3,231
f. Working Capital for the preceding year = –$513
Explanation:
Based on the information provided in the question, we first state the following formula to be used before answering the question:
Current asset = Cash and cash equivalents + Short-term investments, at cost + Accounts and notes receivable, net + Inventories + Prepaid expenses and other current assets ................... (1)
Current liabilities = Short-term obligations + Accounts payable ................. (2)
Current ratio = Current assets / Current liabilities ............................ (3)
Quick Ratio = (Current assets - Inventory) / Current liabilities ............... (4)
Working capital = Current assets - Current Liabilities ........................... (5)
We now calculate the answers as follows:
a. What is the Current Ratio for the current year?
Using equation (1), we have:
Current asset for the current year (in millions) = $8,297 + $422 + $7,041 + $3,581 + $1,479 = $20,820
Using equation (2), we have:
Current liabilities for the current year (in millions) = $4,815 + $12,774 = $17,589
Using equation (3), we have:
Current ratio for the current year = $20,820 / $17,589 = 1.18
b. What is the Current Ratio for the preceding year?
Using equation (1), we have:
Current asset for the preceding year (in millions) = $4,067 + $458 + $6,912 + $3,827 + $2,377 = $17,641
Using equation (2), we have:
Current liabilities for the preceding year (in millions) = $6,205 + $11,949 = $18,154
Using equation (3), we have:
Current ratio for the preceding year = $17,641 / 18,154 = 0.97
c. What is the Quick Ratio for the current year?
Using equation (4) and calculations from part a, we have:
Quick Ratio for the current year = ($20,820 - 3,581) / $17,589 = 0.98
d. What is the Quick Ratio for the preceding year?
Using equation (4) and calculations from part b, we have:
Quick Ratio for the preceding year = ($17,641 - 3,827) / $18,154 = 0.76
e. What is the Working Capital for the current year?
Using equation (5) and calculations from part a, we have:
Working Capital for the current year = $20,820 - $17,589 =$3,231
f. What is the Working Capital for the preceding year?
Using equation (5) and calculations from part b, we have:
Working Capital for the preceding year = $17,641 - $18,154 = –$513
what is mextura give one example
Answers
Answer:
A mixture is a substance made by combining two or more different materials in such a way that no chemical reaction occurs. A mixture can usually be separated back into its original components. Some examples of mixtures are a tossed salad, salt water and a mixed bag of M&M's candy.
Answer:
Mextura is a hybrid font, which combines elements of sansserif and black letter types.
Investigate whether the skills and qualities of male and female entrepreneurs are the same or different
Answers
Discriminant analysis was applied to determine whether male and female participants differed in their entrepreneurial personality characteristics. Findings of the analysis showed that the female entrepreneurs' uncertainty tolerance was lower than that of the male entrepreneurs, but other entrepreneurial personality traits were found to be higher.
How can you begin applying your knowledge of Fiscal Policy with, stabilizing and/or corrective capabilities, to the current political dialog among the many elected Public officials, as well as those who are seeking election, at the Federal and State Levels, who are expressing their Macroeconomic ideas that are thought to be the only possible policy cures that will actually redirect and strengthen the recovery of the U.S. economy?
Answers
Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.
What is economy?
The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector and agriculture sector.
According to the Federal and State Levels, there are the express the recovery of the U.S. the employment are the created the wages and the economy of the economic growth.
As a result, in the Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.
Learn more about on economy, here:
https://brainly.com/question/2421251
#SPJ1
Identify the rights of employees that are covered by the Wagner and Taft Hartley Acts.
A. The right to nominate candidates for union office.
B. The right to participate in union meetings and secret ballot elections.
C. The right to choose whether they join a union.
D. The right to examine a union's financial records.
E. The right to block non-striking employees from entering the workplace.
Over the past 35 years (early 1980s to the present) union membership in the public (or government) sector has been relatively constant at
A. 10 percent
B. 35 percent
C. 50 percent
D. 60 percent
E. one million workers.
Answers
The rights of employees covered by the Wagner and Taft Hartley Acts is the right to choose whether they join a union. Option C.
Over the past 35 years, union membership in the public (or government) sector has been relatively constant at 35 percent. Option B.
What are Wagner and the Taft-Hartley Acts?The Wagner (1935) and the Taft-Hartley (1947) Acts are U.S. federal laws that gave employees the right to join unions.
Wagner Act helped to pass the National Labour relations Act, which tremendously expanded the rights of labor workers by allowing them to join organized trade unions and bargain for better working conditions.
However, Taft-Hartley Labor Management Relations Act extended and amended Wagner Act and placed many new restrictions on labor unions in the United States.
The union membership rate in the U.S. public (or government) sector has been relatively constant at 35 percent.
Learn more about Wagner Act and Taft-Hartley Act at brainly.com/question/179897.
#SPJ1
which of the following is an example of an executive agreement?
The president changes a regulation on undocumented immigrant status without congressional approval.
The president signs legally binding nuclear arms terms with Iran without seeking congressional approval.
The president issues recommendations to the Department of Justice on what the meaning of a new criminal statue is.
The president negotiates an agreement with China and submits it to the Senate for ratification
Answers
The Correct example of an executive agreement is b) The president signs legally binding nuclear arms terms with Iran without seeking congressional approval.
What is Executive Agreement?An executive agreement is a pact between the leaders of two or more countries that has not been approved by the legislature in the same way that treaties are approved. To distinguish them from treaties, which are legally binding, executive agreements are seen as having political force.Executive agreements are less formal than treaties and do not require ratification by two-thirds of the U.S. Senate. They are agreements between the United States and a foreign government.After 1939, executive agreements were used a lot more frequently. Between 1940 and 1989, during World War II and the Cold War, presidents signed almost 800 treaties but negotiated more than 1,200 executive agreements, compared to the 800 treaties that the U.S. Senate had ratified before to 1940 and the 1,200 executive agreements that they had formed.To learn more about Executive agreement refer to:
https://brainly.com/question/11855563
#SPJ1
purchased goods of rs 40000 journal entries
Answers
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
Find out more on journal entries at https://brainly.com/question/30467081
#SPJ1