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balandron [24]
2 years ago
15

Troy starts a job right out of college. He feels lucky to have found a position in the financial industry. Troy knows that he ne

eds help to form and maintain the lasting developmental relationships that will further his career. Troy should first establish a(n) _________.
Business
1 answer:
Mashutka [201]2 years ago
3 0

Answer:

Mentoring Plan.

Explanation:

This is a form of a continuous schooling process that is more of ‘giving advice’, or passing on what your experience was in a particular area or situation.

It is a system of semi structured guidance whereby one person shares their knowledge, skills and experience to assist others to progress in their own lives and careers. Mentors need to be readily accessible and prepared to offer help as the need arises within agreed bounds.

Mentors very often have their own mentors, and in turn their mentees might wish to ‘put something back’ and become mentors themselves - it's a chain for ‘passing on’ good practice so that the benefits can be widely spread.

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The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
sergey [27]

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

8 0
1 year ago
If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
ohaa [14]

Answer:

True

Explanation:

Current and Quick ratio shows the liquidity position of the company. It shows that how much assets are available to company to pay off its liabilities if it becomes due in short period of time. High current and quick ratio make the company strong and it will have enough asset to deal with its obligation than with low current and quick ratio.

4 0
1 year ago
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A
melomori [17]

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.

7 0
1 year ago
It is common for supermarkets to carry both generic (store-label) and brand-name (producer-label) varieties of sugar and other p
dsp73

Answer:

a. Do these preferences exhibit a diminishing marginal rate of substitution?

  • no, because the consumer is actually purchasing a higher amount of goods, the only difference is that they are paying a lower price.

Assume that this consumer has $24 of income to spend on sugar, and the price of store-brand sugar is $1 per pound and the price of producer-brand sugar is $3 per pound.

  • The consumer will purchase 24 pounds of price of store sugar simply because the price is much lower, not because he/she wants to consume less. Actually a lower price might result in an increase of consumption.

b. How much of each type of sugar will be purchased?

  • If the consumer is willing to spend the whole $24 on sugar, he/she will purchase 24 pounds of store brand sugar. The alternative is to buy 8 pounds of producer brand sugar, and that is not a good deal.

c. How would your answer change if the price of store-brand sugar was $2 per pound and the price of producer-brand sugar was $3 per pound?

  • The consumer would purchase 12 pounds of store brand sugar instead of 24, but he/she will still not purchase producer brand sugar since the difference in price is still too high. Remember that consumers view both types of sugar as perfect substitutes, so they will purchase the brand with the lower price.
8 0
1 year ago
You’ve decided the industry is mature. That means it has reached a point of market saturation. As a new player, you’ll need to t
OlgaM077 [116]

Answer:

intensity of rivalry

Explanation:

You answer this question based on Porter's Five forces model. This model is used to analyze how stiff competition is in a given industry. It includes, threat of new entrants, bargaining power of suppliers, bargaining power of buyers, intensity of rivalry and threat of substitute goods. In this case, the leaders must address the intensity of rivalry because the market is already saturated with those three big companies. Therefore,  your company must evaluate level of homogeneity of products that already exists, consumers' switching costs and brand loyalty to come up with a competitive strategy.

6 0
1 year ago
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