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Evgen [1.6K]
2 years ago
11

You are working closely with an experienced associate. He insists on completing a task a certain way, but you know there is a mo

re efficient method.
What would you be most and least likely to do?
Business
1 answer:
Airida [17]2 years ago
3 0
I will be most likely to approach him later, when I know that he will give me a listening ear and politely explain to him the more efficient method to completing the task. Try to counter his approach on the spot is what I’ll least likely do because that could come off as being rude.
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Which statement is true regarding the Preferred Vendor field in Product and Services items?A. You can add more than one preferre
Ivanshal [37]

Answer: B. You can create a new vendor from the product/service information screen

Explanation:

The statement that is true regarding the Preferred Vendor field in Product and Services items is that can create a new vendor from the product/service information screen.

Other statements given in the question such as adding more than one preferred vendor to each product/service item and Preferred vendors must be assigned to utilize Price rules are not true.

Therefore, option B is the correct answer.

3 0
2 years ago
You borrow $230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made monthly.
IrinaK [193]

Answer:

The solution is given in the attachments.

6 0
2 years ago
Read 2 more answers
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid
IceJOKER [234]

Answer:

YTM = 3.094%

Explanation:

If you can't calculate the YTM using excel or a financial calcualtor, you can do it by hand using the approximation formula:

<h2>YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}</h2>

C = interest payment = 1,000 x 6%/2 = 30

F = face value = 1,000

P = 985,63

n = payment periods = 10 years x 2 payment per year

<h2>YTM = \frac{30+ \frac{1000-958.63}{20 }}{\frac{1000+958.63}{2}}</h2>

YTM = 3.094%

Notice, this YTM is an approximation

4 0
2 years ago
Cindy's current year adjusted gross income (AGI) is $300,000 and her current year total tax liability is $60,000. Her immediate
Crazy boy [7]

Answer:

The answer is $44,000

Explanation:

Solution

Given that

Now

Present/current year AGI = $300000

Present /current year tax liability = $60000

Prior year AGI = $200000

Prior year tax liability = $40000

Thus

As per Tax rule or applying the Tax rule

If Adjusted gross income(AGI) of prior year is below $250000 then the minimum required tax payment in the current year in order to avoid interest penalty is lower of

(1) 90% of present /current year tax (liability) or

(2) 110% of prior year tax liability

So

Because the prior year AGI is $200000 which is lower than $250000, in order to avoid interest penalty, the minimum required payment amount of tax liability in current/present year is lower of

(1) 90% of current year tax liability of $60000

Then

$60000 *90% = $54000

Or

(2)110% of prior year tax liability of $40000

$40000 ×110% = $44000

Hence, minimum required total tax payment amount for the current year is $44,000

5 0
2 years ago
On March 1, 2018, Shipley Resources entered into an agreement with the state of Alaska to obtain the rights to operate a mineral
N76 [4]

Answer:

B) $20,697.

Explanation:

For computing the accretion expense, first we have to determine the present value which is shown below:

Present value would be

= Annual cash flows × PVIF factor for five years at 10%

where,

Annual cash flows would be

= Probability × cash outflows + Probability × cash outflows + Probability × cash outflows

= 25% × $300,000 + 50% × $400,000 + 25% × $500,000

= $75,000 + $200,000 + $125,000

= $400,000

And, the PVIF would be 0.62092. Refer to the PVIF table

So, the present value would be

= $400,000 ×  0.62092

= $248,368

Now the accretion expense would be

= $248,368 × 10% × 10 months ÷ 12 months

= $20,697

The 10 months are computed from March 1 to December 31 and we assume the books are closed on December 31

4 0
2 years ago
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