Ask question

Ask question

All categories

2 years ago

10

Ray works as an accountant for a non-profit organization. Ray got his current position after volunteering at a few of the non-pr

ofit’s events and becoming friends with some of its employees. Which method did Ray use to develop his professional network?

1 answer:

kogti [31]2 years ago

3 0

Ray used Strategic method to develop his professional network.

Explanation:

Ray works as an accountant at Non profit organisation.
There is always important to know a lot of people from that industry.
Ray started volunteering in the event, Event are most important place.
It helps in socializing with people getting to know from diversity.
A conversation said by other people helps people get into the business.
This works with allot of organization to help make friends and socialize.

You might be interested in

High flyer, inc., wishes to maintain a growth rate of 16 percent per year and a debt-equity ratio of 0.90. the profit margin is

Xelga [282]

Answer: The dividend payout ratio is 46.19%.

We follow these steps in order to arrive at the answer:

We begin with the DuPont identity of RoE.

<u>DuPont Identity:</u>

$RoE = Net Profit Margin * Asset Turnover Ratio * Equity Multiplier$

Now,

$Equity Multiplier = \frac{1}{Debt Ratio}$

And Debt Ratio is also expressed as:

$Debt Ratio = \frac{D/E}{1+D/E}$

where D/E represents the Debt-Equity Ratio.

Substituting the value of D/E ratio from the question in the debt ratio formula above we get,

$Debt Ratio = \frac{0.9}{1+0.9}$

$Debt Ratio = \frac{0.9}{1.9}$ ----(1)

Substituting (1) in the equity multiplier formula above we get,

$Equity Multiplier = \frac{1}{\frac{0.9}{1.9}}$

$Equity Multiplier = \frac{1.9}{0.9}$

Substituting Equity Multiplier from above and the relevant numbers from the question in the DuPont identity we get,

$RoE = 0.048 * 1.08 * \frac{1.9}{0.9}$

$RoE = 0.10944$

The relationship between RoE and earnings growth rate g is given by the following formula:

$RoE = \frac{g}{(1-p)}$ , where p is the dividend payout ratio.

Plugging in the values in the formula above we get,

$0.10944 = \frac{0.16}{(1-p)}$

$1-p = \frac{0.16}{0.10944}$

$1-p = 1.461988304$

p = 0.461988304 or 46.19%

3 0

2 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

nikdorinn [45]

Answer:

A) $76500

B) $72500

C) $24750

D) tax refund of $260

Explanation:

A) calculate Marc and Michelle's gross income

Marc salary = $64000

Michelle's salary = $12000

interest from corporate bond = $ 500

Hence gross income = 64000 + 12000 + 500 = $76500

B) Calculate Marc and Michelle's Adjusted gross income

Gross income = $76500

qualifying moving expenditure = $2500

Alimony paid to previous spouse = $1500

adjusted gross income = 76500 - 2500 - 1500 = $72500

C) Calculate the total amount of Marc and Michelle's deductions from AGI

Standard deduction = $12600

itemized deduction = $6000

personal and dependency allowance = $12150

<em>To calculate the Deductions from AGI we have to add the personal and dependency allowance to the standard deduction ( higher value between standard deduction and itemized deduction )</em>

= 12600 + 12150 = $24750

D ) calculate Marc and Michelle's taxable income

Adjusted gross income = $72500

deduction from itemized deduction = $24750

taxable income = 72500 - 24750 = $47750

E) Determine if Marc and Michelle's taxes payable or refund due for the year

Tax rate schedules :

between $18451 to $79000 : tax rate = $1845 + 15% of income over $18450

Taxable income = $47750

Tax liability = 1845 + (47750 - 18450) * 15% = $6240

child tax credit = $1000

prepayment of taxes = $5500

Tax refund = tax liability - child tax - prepayment of taxes

6240 - 1000 - 5500 = $260

<em>hence there will be a tax return of $260</em>

8 0

2 years ago

According to the box, "Will Strategy Robots Replace Managers?", with robots having the capabilities to do a multitude of busines

musickatia [10]

Answer:

The options for this question are the following:

A. Companies do not want to eliminate all jobs at once.

B. Machines cannot do the jobs of humans, like recommend cancer cures or make banking decisions.

C. There is a level of reasoning and strategy that only humans have the ability to do.

D. Machines are only useful in manufacturing duties.

The correct answer is C. There is a level of reasoning and strategy that only humans have the ability to do.

Explanation:

There are two variables that limit machines. One is the excessive consumption of energy that some devices require to carry out their activities.

For example, some prototypes that simulate some everyday human tasks, such as walking or doing housework, typically have a battery life of 15-20 minutes.

The second has to do with the costs of incorporating high-end computers that allow robots to recognize spaces and make decisions on the go.

“For a human being it is easy to identify if he is in a room, a room or a hall. Robots need cameras and computers to process that information, "adds Ramírez.

To understand that point, a relationship must be established: a home computer has four cores to process information. However, artifacts of up to 50 cores are needed to perform these space recognition operations in a timely manner, which would increase the cost of robot production.

7 0

2 years ago

A recall has been issued for specific brand of orange juice the store manager his match the information from the recall notice t

brilliants [131]

The first step is to investigate why the product recall was required. Then the manager should ask for details of the incident, follow up and report. Following these first steps will be essential in analyzing what was the problem with the product, whether it was any breach of the quality standard required by regulatory bodies or some other relevant factor.

4 0

2 years ago

Blast sells portable CD players, and each unit carries a one-year replacement warranty. The cost of repair defects under the war

zlopas [31]

Answer: Blast would debit the product warranty expense with $3,250

Explanation: The cost of repair under warranty is 10% of salea price. The sales price per unit is $50 of which 650 CDs were sold.

Therefore the product warranty expense will be (10% * ($50 * 650 CDs)) = $3,250.

6 0

2 years ago