Assuming your chosen accounting career is that of a financial analyst, it is essential to carry out in-depth research on the role and responsibilities.
What does a financial analyst do?It is the professional responsible for managing and planning the use of an organization's financial resources, in order to guarantee the profitability of investments and accounts, in addition to being responsible for the balance sheet and negotiations.
According to government sources, the salary growth rate of a financial analyst will be 6% in the period from 2020 to 2030, which is a positive outlook for the position, and a faster growth than other occupations.
Therefore, the financial analyst career is a position of responsibility that is relevant for all organizations as financial resources are essential for effective business flow.
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Based on the research, one of the career options is public accounting. The reason for choosing this is its higher growth rate as compared to others.
Public accountants work for accounting firms that provide services to clients such as auditing, tax preparation, and consulting.
According to the Bureau of Labor Statistics, the median annual wage for accountants and auditors was $73,560 in May 2020.
The employment of accountants and auditors is projected to grow 6 percent from 2019 to 2029, faster than the average for all occupations.
Public accounting provides a wide range of opportunities to work with different clients and industries. It also offers the potential for career advancement and a high salary, but it can be demanding, with long hours during tax season and tight deadlines. It may also involve a lot of travel.
For a current job posting in Public accounting, one can go through LinkedIn to see various jobs available right now.
Thus, Public accounting is a major job option in accounting subject.
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NEED HELP ASAP PLEASEEE!
1 Question Attached
Answer:
$2,250
Explanation:
If you owned 3,000 shares and they had an annual dividend of $0.75 per share, you would have received $2,250 because 3,000*.75=2,250.
Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $165,300 a year. The project will require new equipment costing $583,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of$171,000 at the end of the project. The project requires an initial investment of $39,500 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the project's IRR?
Based on the cashflow from the investment per year, the initial investment, and the working capital, the project's IRR will be 18.48%.
What is the project IRR?First find the After-tax salvage value:
= 171,000 x ( 1 - 40%)
= $102,600
Year 1 cashflow:
= -583,000 - 39,500 working capital
= -$622,500
Year 6 cashflow:
= Working capital + Project cashflow + After-tax salvage value
= 39,500 + 165,300 + 102,600
= $307,400
Using a Spreadsheet, the IRR is:
= 18.48%.
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Do you think that MTV’s future lies mostly in its international operations?
Answer:
[tex]6 \times y { \sqrt{ > 2fube} }^{2} [/tex]
Why is it important to use multiple methods of both broadcast and online media advertising?
Answer: Broadcasting in many ways is the best to get the news out to people about what is happening. Along with what is being advertised to the public.
Explanation: The reason is because it allows for wider exposure to advertise the products and services. People can use TV or video advertisements, newspapers, postcards, flyers, social media posts/streams, or they can even tell people about what they are broadcasting, and the more news that spreads, then the more attention broadcasts and online advertisements they gain! I hoped this helped! :)
If a firm had sales of $60,000 during a period and sales returns and allowances of $9,000, its net sales were:
Answer:
51,000
Explanation:
Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcoming events, answering questions from new members about enrollment, and explaining club guidelines to club members. As a part of her position, Carolina employs a lot of _______________ communication.
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
Inventoriable costs are Group of answer choices only purchased goods for resale. a category of costs used only for manufacturing companies. recorded as expenses when incurred and later reclassified as assets. recorded as assets when incurred.
Inventoriable costs are often recorded as assets immediately they are incurred.
What is Inventoriable costs?Inventoriable costs can be defined as those cost that has to do with the production of goods.
Inventoriable costs is an asset on the balance sheet based on the fact that the goods or product are often set ready in order to be sold at a specific period of time .
Examples of Inventoriable costs are:
Direct laborDirect materialsInconclusion Inventoriable costs are often recorded as assets immediately they are incurred.
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You realize that your growing company needs to increase the division of labor, standardization of work procedures, and written rules to be more effective. What organizational structure should you adopt
The organizational structure which should be adopted is the bureaucratic structure.
What is Organizational Structure?This refers to the use of structure to organize a business or project, showing the chain of command or hierarchies.
Based on the fact that the company is growing and there is a need to increase the division of labor and standardization of work procedures, and written rules to be more effective, then a bureaucratic structure is needed.
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Fast Freight, an interstate trucking company, has had to raise price three times in the past year, significantly reducing sales
There's an increase in the fuel price which led to the increase in operating cost of the Fast Freight.
What is operating cost?It should be noted that operating costs are the costs that are incurred by a business during production.
From the complete question, there's a increase in the fuel price which led to the increase in operating cost of the Fast Freight.
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Fix the incorrect red boxes
Based on the given entries, the incorrect red box to be fixed is the Aug 1 entry of $0.
What should the Pain in capital - Common stock account look like?From the given transactions, the entries in the Paid in Capital in excess of stated value - Common Stock should be:
Credit ⇒ Jan. 10 $231,000Credit ⇒ Apr. 1 $9,500Credit ⇒ May. 1 $114,000Credit ⇒ Sep. 1 $42,000Credit ⇒ Dec 31 Bal $396,500There should be no entry on Aug 1 of $0 because the common stock issued matches the attorney fees of $36,000.
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Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate
The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, etc.
What is growth rate?Your information is incomplete as the figures or data aren't given. Therefore, an overview will be given. It should be noted that a growth rate simply means the percentage change of a variable within a period of time.
The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, retail sales, GDP etc.
To calculated the growth rate, subtract past value from current value and divide that number by the past value.
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Answer:
Explanation:
7.6%
What happens if you still have a
balance on your credit card AFTER the
company starts charging you interest?
A. The bank will extend the 0% APR so you don't pay
interest.
B. The bank will offer you a 0% so they make no money
off you.
C. The bank will make your interest payments for you.
D. The bank will make money from the interest fees you
pay.
Answer:
its A.
Explanation:
Required information Skip to question [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Department M Department N Department O Department P Department T Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $ 266,000 Expenses Avoidable 13,300 40,600 23,000 17,500 44,100 138,500 Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100 Total expenses 67,900 57,400 27,900 56,600 58,800 268,600 Income (loss) $ 6,100 $ (17,400) $ 39,100 $ (6,600) $ (23,800) $ (2,600) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated.
a) The segmented income statements for Suresh Company are as follows:
Dept M Dept N Dept O Dept P Dept T Total
Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $266,000
Avoidable
Expenses 13,300 40,600 23,000 17,500 44,100 138,500
Contribution $60,700 ($600) $44,000 $32,500 ($9,100) $127,500
Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100
Income (loss) $6,100 $ (17,400) $ 39,100 $ (6,600) $(23,800) $(2,600)
b) The computation of the total increase in income, if the departments with sales less than avoidable costs identified in part a are eliminated, is $9,700 ($7,100 + $2,600).
What is a segmented income statement?A segmented income statement is an income statement that breaks down the revenues and expenses by business units, such as product line, location, department, salesperson, or territory.
Preparing segmented income statements helps management to:
Identify underperforming segmentsDevelop strategies for boosting profits.Data and Calculations:Segmented Income Statements before the elimination of Departments with sales less than avoidable costs:
Dept M Dept N Dept O Dept P Dept T Total
Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $266,000
Avoidable
Expenses 13,300 40,600 23,000 17,500 44,100 138,500
Contribution $60,700 ($600) $44,000 $32,500 ($9,100) $127,500
Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100
Income (loss) $6,100 $ (17,400) $ 39,100 $ (6,600) $(23,800) $(2,600)
Segmented Income Statements after the elimination of Departments with sales less than avoidable costs:
Dept M Dept O Dept P Total
Total Sales $ 74,000 $ 67,000 $ 50,000 $191,000
Avoidable Expenses 13,300 23,000 17,500 53,800
Contribution Margin $60,700 $44,000 $32,500 $137,200
Unavoidable Expenses 54,600 4,900 39,100 130,100
Income (loss) $6,100 $ 39,100 $ (6,600) $7,100
Increase in income = $9,700 ($7,100 - ($2,600)
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Question 5 of 10
What is division of labor?
O A. Another name for specialization, this is when an individual
focuses on one specific skill in the field.
B. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
C. This is when an individual focuses on many different skills and
aspects of a business.
D. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
D
Answer:
A.
Explanation:
Another name for specialization, this is when an individual focuses
on one specific skill in the field.
Answer:
A
Explanation:
Because another name for specialization makes more sense
Examples of stress include:
A) when you are happy
B) when you are running out of time to complete a task
C) when you are studying for a test, but forgot your notes
D) when somebody gives you a compliment
E) when you lose a friend
Answer:
B, C, E
Explanation:
All of these scenarios are negative and can put you in a stressful situation.
Suppose that Fritz Kron was worried about organizational silence. He is concerned that senior executives aren’t hearing about workplace issues because people believe that others are already working on fixing the problem, or because people are afraid of giving managers information they don’t want to hear. Which of the following tools could Fritz use to help overcome organizational silence? Check all that apply.
For Fritz to overcome organizational silence, He must set up a proper communication channel.
What are workplace issues?Workplace issues are incidents that are deemed or considered wrong by the individual who is experiencing them observing the problem.
Generally, Collecting information creates a never-ending interpretation problem. collecting the same information through multiple channels may alter its interpretation by changing its meaning.
In conclusion, The medium through which a message is transmitted to another person is referred to as a communication channel.
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The Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. What is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Assuming the Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. Its sustainable growth rate is:8.84%.
First step
b=1-payout ratio
b = 1 - .44
b = .56
Second step
Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]
Sustainable growth rate = [.145(.56)] / [1 - .145(.56)]
Sustainable growth rate=0.0812/(1-0.0812)
Sustainable growth rate=0.0812/0.9188
Sustainable growth rate=0.0884×100
Sustainable growth rate=8.84%
Inconclusion Its sustainable growth rate is:8.84%.
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In a market economy, which of the following is NOT an accepted role of government?
A
protecting consumers
B
enforcing property rights
C
controlling production and consumption
D
providing for national defense
Answer:
providing for national defense
Explanation:
yes
which is the best definition of the purpose of a business?
Answer:
The purpose of a business is to offer value (through products and/or services) to customers, who pay for the value with cash or equivalents.
It could also mean that people who create businesses want to sell their products to make money.
How much notice must the landlord give you before entering your apartment (except in an emergency)?
Answer:
24 hours - 5 days.
Explanation:
In most states, they require your landlord to give you a 24-hour notice before entering your apartment (or sometimes 5 days).
In case of futures, the counterparty guarantee provided by the exchange.(True/False)
(True)
Hace a nice day and i hope it helps!!
They went for a bicycle ride (affirmative)
Answer:
???
Explanation:
I couldn't give you an answer. you didn't ask an actual question
What does it mean to become a master adaptive learner and why is this
important?
Answer:
Hi
Explanation:
A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.
1. Why were many large discount retailers slow to sell online in the early days of electronic commerce?
They are slow to sell online because the retailers were adamant to implement online sales at that time because they had huge investments in their physical stores.
What are discount stores in terms of retailing?The term discount retailers is known to be used in discount store, where the merchandiser or a retail store are known to often sells products at prices lower than other traditional retail shores.
Note that some discount stores are like department stores as they are known to offer a wide range of goods at cheap prices.
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a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation
Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.
Tax multiplierUsing this formula
Tax multiplier=-MPC/1-MPC
Where:
Marginal propensity to consume (MPC)=0.67
Let plug in the formula
Tax multiplier=0.67/1-0.67
Tax multiplier=0.67/0.33
Tax muitiplier=2.03
Inconclusion the tax multiplier for this nation is: 2.03.
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On July 1 Plum Company paid $7,500 cash for management services to be performed over a two-year period. On July 1, Plum should record:
Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.
What should Plum record?The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.
Cash should then be credited by the same amount to show that it is reducing.
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The consumer surplus will _____ by _____ when the United States engages in international trade and the international price for MP3 players settles at $50.
Answer:
tnetn
Explanation:eturyumryu
What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?
Answer:
$2,500.
Explanation:
ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).
One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
What is an economic trend?An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.
Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.
Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.
Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
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Why should an entrepreneur do a feasibility study for starting a new venture
Answer:
Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.