Answer:
What does it take for your resume and cover letter to make an impact when an employer may have received hundreds of r
resumes for the position you applied for?
Employers can receive a tremendous number of resumes for every position they advertise. It may seem like an almost impossible task for a company to weed through them to find the best applicants to interview, or for you to be one of the selected candidates.
1.5 marks
Q.No:5
The gap between two annual general meeting
cannot exceed
A) 6 months
6
B) 12 months
C) 15 months
D) 18 months
Answer:
C) 15 months
Explanation:
As per the law, a company with two or more shareholders must hold an Annual AGM every year. The AGM for a new company must be held within the first nines months after the financial year.
The AGM for an existing company must be held not later than six months after the end of a financial year. However, the law has set 15 months as the maximum gap of time allowed between two general meetings.
Fill in the blanks to complete the following sentence about labor force and unemployment, assuming country X has the following statistics:total population 16 years old or older = 50,000,000 full-time students = 4,200,000 not employed and not currently searching for jobs = 6,000,000 not employed but currently searching for jobs=2,336,000 currently employed = 29,664,000 Drag words below to fill in the blank(s) in the passage. Country X has a labor force of______, a labor force participation rate of_____, and an unemployment rate of_____.
Answer:
Country X has a labor force of 32,000,000, a labor force participation rate of 64%, and an unemployment rate of 7.3%.
Labor force:
= Unemployed people + Employed
Unemployed people here are those looking for jobs.
= 2,336,000 + 29,64,000
= 32,000,000 people
Labor force participation rate:
= Labor Force / Population of working age
= 32,000,000/50,000,000
= 64%
Unemployment rate:
= Unemployed / Labor force
= 2,336,000/ 32,000,000
= 7.3%
Country X has a labor force of 32 million, a labor force participation rate of 64 %, and an unemployment rate of 7.3%.
Labor Force:
They are those people in the country that can work.
Labor force = Unemployed people + Employed
Unemployed people are those looking for jobs.
Labour force = 2,336,000 + 29,64,000
Labor force = 32,000,000 people
Labor Force Participation Rate:
The percentage of labor force in working age in the country.
[tex]\bold {Labor\ force\ participation\ rate =\dfrac {Labor\ Force} {Population\ of\ working\ age}}\\\bold {=\dfrac { 32,000,000}{50,000,000}\times 100 = 64}[/tex]
= 64%
Unemployment rate:
It is the percentage of employed people to the population of the country.
[tex]\bold {Unemployment\ rate= \dfrac {Unemployed} { Labor\ force}}\\\\\bold = {\dfrac {2,336,000}{ 32,000,000}\times 100}\\\\= 7.3%[/tex]
= 7.3%
Therefore, The unemployment rate in the country is 7.3%.
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Assume you are about to graduate. How would you apply marketing principles to your job search? In what ways would you be able to create, communicate, and deliver value as a potential employee, and what would that value be, exactly? How would you prove that you can deliver that value? Explain your answers.
Answer:
Are try my best if I can able are do when are graduate are happy
Which company is most exposed to the ups and downs of the aircraft engine industry? a) General Electric b) MTU Aero Engines c) United Tech Corp d) Rolls-Royce
Greg has a traditional health insurance plan with a $500 deductible, 80/20 coinsurance, and a $2000 out of pocket max. His total health care bill is $8,760. How much will he end up paying?
Answer: $2,000
Explanation:
Greg will pay the $500 deductible first.
Amount left is;
= 8,760 - 500
= $8,260
This will be shared by the insurance company and by Greg 80/20.
= 8,260 * 20%
= $1,652
Add this to the first amount he paid;
= 1,652 + 500
= $2,152
This is above Greg's out of pocket limit of $2,000 so Greg will pay his limit of $2,000.
Suppose that a certain country has an MPC of 0.8 and a real GDP of $400 billion. If its investment spending decreases by $5 billion, what will be its new level of real GDP
Answer: $375 billion.
Explanation:
Using the MPC, one can calculate a multiplier that shows how much GDP changes when there is a change in investment.
Multiplier = 1 / ( 1 - MPC)
= 1 / (1 - 0.8)
= 1 / (0.2)
= 5
Change in GDP = change in investment spending * multiplier
= -5 billion * 5
= -$25 billion
New level of GDP = 400 - 25
= $375 billion.
A thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a
Answer:
post-audit
Explanation:
Post audit process can be regarded as
the analysis of result of capital budgeting investment. When this result of the audit are use in making budgeting decisions in future capital, and this side decision making process.
It should be noted that thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a post-audit.
The variable overhead spending variance, the fixed overhead spending variance, and the variable overhead efficiency variance can be combined to find the:__________
Answer:
Controllable variance
Explanation:
The controllable variance is the combination of the variable overhead, fixed overhead spending variance and together with this, the variable overhead efficiency variance is also involved
Hence, as per the given situation, the controllable variance is to be considered
Therefore the above represents the answer
In general, which forecasting time frame best identifies seasonal effects ?
a. Short-term forecasts
b. Quick-time forecasts
c. Long range forecasts
d. Medium term forecasts
e. Rapid change forecasts
Problems and Applications Indicate how each of the following transactions affects US exports, imports, and net exports. Effect On... Transaction US exports U.S. Imports U.S. Net Export A French historian spends a semester touring museums and historic battlefields in the United States. Students in Paris flock to see the latest movie from Hollywood. Your auntie purchases a Panasonic camera. Your aunt buys a novel by a British author from a local bookstore. Your parents buy a bottle of French wine from a local wine store.
Answer:
Transactions Exports Imports Net Export
A French historian spends a Increase Unchanged Increase
semester touring museums
and historic battlefields in
the United States.
Students in Paris flock to see the Increase Unchanged Increase
latest movie from Hollywood.
Your auntie purchases a Unchanged Increase Decrease
Panasonic camera.
Your aunt buys a novel by a British Unchanged Increase Decrease
author from a local bookstore.
Your parents buy a bottle of French Unchanged Increase Decrease
wine from a local wine store.
Note:
The export means selling of domestic goods and services into foreign nations
The import means domestic purchases of goods and services from foreign nation
Net export means the difference between the total export and total import of a nation.
The effects of the following on Imports, Exports, and U.S. Exports:
A French historian spends a semester touring museums and historic battlefields in the United States.
Exports ⇒ IncreaseImports ⇒ Unchanged Net Exports ⇒ IncreaseExports increased because a foreigner was spending time and money on American made products. Net exports always increase when exports increase over imports.
__________________________________________________________
Students in Paris flock to see the latest movie from Hollywood.
Exports ⇒ IncreaseImports ⇒ Unchanged Net Exports ⇒ IncreaseExports increased because the movie was made by the United States.
__________________________________________________________
Your auntie purchases a Panasonic camera.
Exports ⇒ UnchangedImports ⇒ IncreaseNet Exports ⇒ DecreaseImports increased here because your auntie is American and bought things from a foreign country ( Japan). Net exports decrease when imports are more than exports.
__________________________________________________________
Your aunt buys a novel by a British author from a local bookstore.
Exports ⇒ UnchangedImports ⇒ IncreaseNet Exports ⇒ DecreaseImports increase because the product is made by foreigners (British).
__________________________________________________________
Your parents buy a bottle of French wine from a local wine store.
Exports ⇒ Unchanged Imports ⇒ IncreaseNet Exports ⇒ DecreaseImports increase because the wine is made by foreigners (French).
__________________________________________________________
In conclusion, imports decrease net exports and exports increase net exports.
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According to Keynes, the remedy for a recessionary gap was straightforward. The solution was to: A. increase aggregate supply. B. increase aggregate demand. C. control big business. D. decrease government involvement.
Answer:
B. increase aggregate demand
Explanation:
A recession is a period characterised by reduced demand for goods and services. There is excess supply and prices of products tend to fall.
As a result of a decline in economic activity and price of goods, unemployment increases.
According to Keynes since the cause of a recession is reduced demand, the solution are strategies targeted at increasing aggregate demand.
When this happens people spend more and businesses will be able to employ more people, resulting in increased economic growth
Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do most e-commerce companies conduct business internationally
Answer:
The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.
Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.
The marginal propensity to consume (MPC) is:_______.A) 0.90.
B) 0.10.
C) 0.80.
D) 0.95.
E) 0.75.
Answer: E) 0.75
Explanation:
Marginal Propensity to Consume measures the amount that a person spends on consumption when their income increases.
It is calculated as;
= change in consumption/ change in income
Income went from $0 to $500 so change = $500
Consumption went from $300 to $675 so change is = $375
MPC = 375/500
= 0.75
Marta is CEO of a large financial company. She is always open to the opinions of her employees and tries to make a decision based on the reasonably available options. This BEST displays the _____ dimension of trustworthy leadership. a. Openness b. competence c. loyalty d. integrity
Answer: A; Openness
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Using the following information, compute the cost of direct materials used. Raw materials inventory, January 1$ 25000 Raw materials inventory, December 3155000 Work in process, January 127000 Work in process, December 3118000 Finished goods, January 160000 Finished goods, December 3148000 Raw materials purchases2000000 Direct labor890000 Factory utilities225000 Indirect labor75000 Factory depreciation500000 Operating expenses630000
Answer:
The cost of direct materials used is $1,970,000.
Explanation:
The cost of direct materials used can be computed using the following equation:
Cost of direct materials used = Raw materials inventory, January 1 + Raw materials purchases - Raw materials inventory, December 31 ............ (1)
Where;
Raw materials inventory, January 1 = $25000
Raw materials inventory, December 31 = $55000
Raw materials purchases = $2000000
Substituting the values into equation (1), we have:
Cost of direct materials used = $25000 + $2000000 - $55000 = $1,970,000
Therefore, the cost of direct materials used is $1,970,000.
The return on total assets is computed by dividing net sales by average total assets. net income by ending total assets. net income by average total assets. net sales by ending total assets.
Answer:
The return on total assets is computed by dividing net income by ending total assets
Explanation:
Here in this question, we are interested in knowing the mathematical formula that can be used to calculate the return on total assists
Mathematically, to calculate the return on total assets, two factors are needed.
These factors are;
i) Company’s net income
ii) Company’s assets total value
By using a specific period of time ( quarterly, annually etc); we can divide i by ii
So what we mean here is that;
Return on total assets = Net income of a company over a specific time period divided by the total asset value of the company over that specific period of time
What do you think is the socio - economic impact of business to Consumers ?
Answer:
The answer is below
Explanation:
The socioeconomic impact of Business to Consumers can be vast, positive, and negative at the same time, it all depends on some variables including the marketing and advertisement strategies, history of the firm or industry sectors, etc.
Hence, the socio-economic impact of business on consumers are:
1. Products and services provided by businesses are utilized by the consumers
2. Good business practices encourage consumers to spend their income on the products and services provided.
3. Competition between businesses leads to manufacturers producing goods and services at cheaper rates possible to consumers
4. Business products and services influence the consumption rates and attitude of consumers such as dress sense, gadgets ownership, etc, among consumers.
Briefly describe the differences among international bond, bank and equity markets. Would you support an MNC that favors financing through bonds issues or would you rather support one
Answer:
Answer to this question is explained below in detail.
Explanation:
This question is not complete. This has two parts a) and b). Part a) is complete and b) is incomplete. I have written down the complete question and will try to answer completely.
a) Briefly describe the differences among international bond, bank and equity markets.
b) Would you support an MNC that favors financing through bonds issues or would you rather support one that favors financing through stock issues?
Solution:
a) We are asked to differentiate between international bond, bank and equity markets.
All three terms are related to raising funds, lending or borrowing to raise the capital for some government or for any company.
Let's start with International Bonds first.
International Bonds : In this globalized world, a company can raise its capital through getting debt in the form of international bonds from international institutions over the assets value of the company. For example: XYZ company has a asset value of 10 million dollars, so it can get international bonds accordingly.
International Equity markets: Again due to interlinked world, companies and institutions all over the world can invest their funds in any company around the globe. And through equity markets companies can sell their shares to raise its capital depending upon the asset value of the company.
International Banks: International banks are international institutions which raise capital in particular country and have branches all over the world. It can lend funds to companies on particular interest rates. Furthermore, all those bonds are generated in these banks as well.
b) Supporting an MNC that favors financing through bonds issues or through equity markets or stock issues will depend on the debt/equity ratio of the company. If it is low, company should go for debt or bond issues. If it is high then it should opt for stock issues.
Assume that a company announces unexpectedly high earnings in a particular quarter. In an efficient market one might expect _____________.
a. an abnormal price change immediately after the announcement
b. an abnormal price increase immediately before the announcement
c. an abnormal price decrease immediately after the announcement
d. no abnormal price change immediately before or after the announcement
Answer: a. an abnormal price change immediately after the announcement
Explanation:
In an efficient market, information is disseminated to participants at the same time which means that there isn't a chance for arbitrage. In such a market therefore, the prices of shares will reflect the information in the market.
In the above scenario, if the company shares such news, the share price of the company will react by changing in an abnormal way in other to match this unexpected news.
The classical view of the economy holds that transitions to full employment are relatively quick.1. Under what condition(s) can an economy make a relatively quick and easy transition to full-employment level of output?2. The Keynesian view of the economy holds that transitions to full employment can be extremely slow. What condition(s) would keep an economy from moving back to full employment quickly and easily?
Answer:
1. Under what condition(s) can an economy make a relatively quick and easy transition to full-employment level of output?
Classical economics are great theoretically, but actual evidence from real life is always against them. The problem with wages and unemployment is that wages are sticky, no one likes a wage cut and employees will always fight against them. That results in drastic changes in the level of unemployment, since it is easier to fire employees than lower their salaries.
When a demand shock occurs, and the aggregate demand curve shifts to the right, the aggregate supply curve will also shift. At this point, suppliers will need to hire more employees and fast since they cannot keep up with the demand. The problem is that in real life, demand shocks are sudden only in theory, no one will wake up tomorrow having twice the money and willing to spend it all immediately.
Classical economics work on the long run, but the problem is that the long run is not a definite point in time. We might actually never live to see the long run occur.
2. What condition(s) would keep an economy from moving back to full employment quickly and easily?
Shifts in the aggregate demand curve never occur from one day to another, they are gradual and take time. In real life, unless you suddenly win the lottery, the amount of goods that you purchase is generally stable. It will increase or decrease over time but not abruptly. Since sudden demand shocks do not occur in real life, neither do sudden shifts in the employment level. That is why the government issues monthly unemployment data, and you analyze the trends over several months or even years.
A manager is asked to initiate activities that will support environmental scanning. Which activity should be used by this manager for this purpose?
A. Reviewing production
B. Monitoring competitors
C. Setting the advertising budget
D. Implementing a new program
Answer:
B)monitoring competitors
Explanation:
Competitors monitoring can be regarded as SWOT analysis of the organization competitors, it helps in the awareness of moves that can be taken by the firm compititors such as as the marketing strategies, stock as well as as pricing policy. It should be noted that for a manager to initiate activities that will support environmental scanning. Monitoring competitors activity should be used by this manager for this purpose.
During the current year, OutlyTech Corp. expected to sell 22,500 telephone switches. Fixed costs for the year were expected to be $12,142,500, the unit sales price was budgeted at $3,250, and unit variable costs were budgeted at $1,400. OutlyTech's margin of safety ratio (MOS %) is
Answer:
70.83%
Explanation:
The computation of the margin of safety percentage is as follows:
Margin of safety percenatge is
= Margin of safety ÷ Total sales unit
where,
margin of safety units
= Total sales units - break even sales unit
The break even sales unit
= Fixed cost ÷ contribution margin per unit
= $12,142,500 ÷ ($3,250 - $1,400)
= 6,564 units
Now the margin of safety unit is
= 22,500 units- 6,564 units
= 15,936 units
So, the margin of safety percentage is
= 15,936 units ÷ 22,500 units
= 70.83%
The margin of safety ratio is 70.82%.
What is the margin of safety ratio?The margin of safety calculates how much sales can fall before the breakeven point is reached.
The margin of safety ratio = (current sales level - breakeven sale) / current sales level
Breakeven sales = fixed cost / (price per unit variable cost)
$12,142,500 / (3250 - 1400) = 6,563.51
The margin of safety ratio = (22500 - 6,563.51) / 22,500 = 70.82%
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Suppose you have the following information on Sam's budget. Sam has a yearly budget of $2000 to spend on consuming concert tickets or books.
The price of one ticket is $25.
The price of one book is $10.
Use this information to complete the table below. For Bundle A assume Sam spends all his income on concert tickets. For Bundle B assume Sam spends 75% of this income on tickets and the remaining 25% on books. For Bundle C assume Sam spends 25% of this income on tickets and the remaining 75% on books. For Bundle D assume Sam spends 100% of his income on books.
Bundles A B C D
Concert Tickets
Books
Answer:
Bundles A B C D
Concert Tickets 80 60 20 0
Books 0 50 150 200
Explanation:
Since each concert ticket costs $25,
if Sam spends $2,000 on concert tickets, he will purchase 80 ticketsif he spends $1,500 on concert tickets, he will purchase 60 ticketsif he spends $500 on concert tickets, he will purchase 20 ticketsSince each concert ticket costs $10,
if Sam spends $2,000 on books, he will purchase 200 booksif he spends $1,500 on books, he will purchase 150 booksif he spends $500 on books, he will purchase 50 booksGamble Corporation had beginning inventory $100,000, cost of goods purchased $700,000, and ending inventory $140,000. What was Gamble's inventory turnover
Answer:
Inventory turnover= 5.5
Explanation:
First, we need to calculate the cost of goods sold using the following formula:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 100,000 + 700,000 - 140,000
COGS= 660,000
Now, the inventory turnover:
Inventory turnover= Cost of goods sold/ average inventory
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= (100,000 + 140,000)/2= 120,000
Inventory turnover= 660,000 / 120,000
Inventory turnover= 5.5
Profit on sale of fixed assets is used to creat
Answer:
profit and loss account
Explanation:
The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.
A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company
Louise purchased her primary residence for $240,000. As part of the closing procedure, she paid $2,300 in a loan origination fee, $750 to a lawyer to review the purchase contract and other closing papers, $150 for a property survey, and $800 for title insurance. She also gave the real estate agent a $75 gift basket in appreciation for his hard work. What is Louise's basis in the residence
Answer:
$241,700
Explanation:
Luoise's basis in her house = purchase price + any costs associated and necessary to complete the purchase process = $240,000 (price of the house) + $750 (lawyer's fees) + $150 (property survey) + $800 (title insurance) = $241,700
In order to determine a house's basis, you must assume that you are purchasing the house using cash, no fees directly related to a mortgage are included, nor gifts to real estate agents.
During a sprint retrospective, a potentially shippable product is reviewed and tested.
a. True
b. False
Answer:
A. True
Explanation:
the Sprint Retrospective provide the opportunity so that Scrum Team can have the room for inspection of itself and also have enough time to draw a plan that will bring improvement as far as next spring is concerned. After Sprint Review then Retrospective follow.It should be noted that During a sprint retrospective, a potentially shippable product is reviewed and tested.
Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $250,000; the partnership assumes responsibility for a $75,000 note secured by a mortgage on the property. Monroe invests $100,000 in cash and equipment that has a market value of $55,000. For the partnership, the amounts recorded for total assets and for total capital account are:
Answer:
Total assets = $405,000
Total capital = $330,000
Explanation:
Capital = Assets - Liabilities
= $250,000 - 75,000
= $175,000
Therefore, the capital is $175,000
Particulars Assets Liabilities Capital
Building 250,000 75,000 175,000
Cash 100,000 - 100,000
Equipment 55,000 - 55,000
Total 405,000 75,000 330,000
Client files should not be visible and/or accessible to other clients. They must be in lockable cabinets or lockable rooms.
a. True
b. False
Answer:
a. True
Explanation:
Client files should be kept securely in an environment that is safe while ensuring that its confidentiality is safeguarded against unauthorized people. Moreover, the files should not be accessible by other clients or personnel that are not authorized to do so.
The Principle of confidentiality in this scenario implies that client files are secured in a lockable cabinets or lockable room in order to avoid unauthorized use or disclosure which consists of either modifying the file or making copies.
On January 2, 2005 Garr Company acquired machinery at a cost of $320,000. This machinery was being depreciated by the double-declining-balance method over an estimated useful life of eight years, with no residual value. At the beginning of 2007 it was decided to change to the straight-line method of depreciation. Ignoring income tax considerations, the retrospective effect of this accounting change is:__________.
Answer:
The depreciation charge will be lower in 2007 using straight line method compared to the one produced by double-declining-balance method
Explanation:
Double-declining-balance method
Depreciation Expense = 2 × SLDP × BVSLDP
Therefore,
SLDP = 100 ÷ number of useful life
= 100 ÷ 8
= 12.5 %
Calculation of Depreciation Expenses (DE)
2005
DE = 2 × 12.5 % × $320,000
= $80,000
2006
DE = 2 × 12.5 % × ($320,000 - $80,000)
= $60,000
2007
DE = 2 × 12.5% × ($320,000 - $80,000 - $60,000)
= $45,000
Using Straight line Method for 2007 Depreciation Expense
Accumulated Depreciation (2005 to 2006) = $80,000 + $60,000
= $ 140,000
Depreciable Amount = Cost - Accumulated Depreciation
= $320,000 - $140,000
= $180,000
DE = (Cost - Residual Value) ÷ Remaining Useful Life
= $180,000 ÷ 6
= $30,000
Conclusion :
Comparing 2007 Depreciation Expense using double-declining-balance method against straight-line method of depreciation we can see that straight-line method of depreciation produces lower results.