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2 years ago

What advice does Bruce G. Smith offer to those interested in a career in marketing or business? (Site 1)

Business

2 answers:

Alinara [238K]2 years ago

4 0

Answer:

The advice Bruce G. Smith offers those who are interested in a career in marketing or business is to get involved at work, in your industry, and your community. Also he states to never stop learning about new or better ways to market.

Explanation:

Luba_88 [7]2 years ago

4 0

Answer:

Explanation:

trust

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Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out

Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.

7 0

2 years ago

Read 2 more answers

In the Business Loan worksheet, enter the data values and formulas required to calculate the monthly payment on a business loan

Pavlova-9 [17]

Answer:

Monthly Payment: $1,879

Annual Payment: $13,975

Explanation:

To find the answer, we will use the present value of an annuity formula:

The formula is:

PV = A (1 - (1 + i)^-n) / i

Where:

PV = Present value of the investment (in this case, of the loan)
A = Value of the annuity (will be our incognita)
i = interest rate
n = number of compounding periods

The reason why we use this formula is because both the annual payments, and the monthly payments are annuities: payments that have regular time intervals, and have the same interest rate, which means that the value of each payment is the same.

To find the monthly payment, we first convert the annual interest rate of 6.2% to a monthly rate. The result is a 0.5% monthly rate.

Next, the number of compounding periods changes, because the monthly rate compounds each month, not once every year. For these reason, we use the number of months that there are in 15 years, which is 180 months (15 x 12 = 180).

Third, we divide the interest rate by 100 to obtain the decimal value: 0.5 / 100 = 0.005

Finally, we plug the correct amounts into the formula:

225,000 = X (1 - (1 + 0.005)^-180) / 0.005

225,000 = X (118.5)

225,000 / 118.5 = X

1,899 = X

Now, for the annual payment, we simply use the annual rate of 6.2% (divided by 100) instead of the monthly rate, and the compounding periods are now 15 years, instead of 180 months:

225,000 = X (1 - (1 + 0.062)^-15 / 0.062

225,000 = X (16.1)

225,000 / 16.1 = X

13,975 = X

4 0

2 years ago

On the demand side of GDP, consumption by _____________ is the largest component of GDP, accounting for about two-thirds of the

Tpy6a [65]

Answer:

The correct answer is <em>households.</em>

Explanation:

The final consumption expenditure of households (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines and personal computers), purchased by households. Home purchases are excluded, but includes the imputed income of the homes occupied by their owners. It also includes the amounts and fees paid to governments to obtain permits and licenses. In this case, household consumption expenditure includes the expenses of nonprofit institutions that provide services to households, even when the country reports them separately. This item also includes any statistical discrepancy in the use of resources in relation to the supply of resources.

5 0

2 years ago

Heather Smith Cosmetics (HSC) manufactures a variety of products and is organized into three divisions (investment centers): soa

Fiesta28 [93]

Answer and Explanation:

The computation is shown below:

1. Return on investment

As we know that

Return on investment = Operating income ÷ Average total assets

Particulars Soap Products Skin Lotions Hair products

Return on investment 5.41% 8.32% 9.08%

($3,244,000 ÷ $59,994,000) ($2,744,000 ÷ $32,994,000) ($4,994,000 ÷ $54,994,000)

2. Residual income

Residual income = Operating income - (Average total assets × Minimum desired rate of return)

Particulars Soap Products Skin Lotions Hair products

Return on investment $244,300 $1,094,300 $22,443,000

{$3,244,000 - ($59,994,000 × 5%)} {$2,744,000 - ($32,994,000 × 5%)} {$4,994,000 - ($54,994,000 × 5%)}

3. EVA

EVA = Operating income - (Average total assets × Cost of capital)

Particulars Soap Products Skin Lotions Hair products

Return on investment $844,240 $1,424,240 $2,794,240

{$3,244,000 - ($59,994,000 × 4%)} {$2,744,000 - ($32,994,000 × 4%)} {$4,994,000 - ($54,994,000 × 4%)}

3 0

2 years ago

Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $25,300

Svetradugi [14.3K]

Answer:

$24,635,865

Explanation:

total cash inflows = ($25,300 x 1,700) + ($23,700 x 1,720) = $83,774,000

variable costs = $83,774,000 x 57% = $47,751,180

fixed costs = $3,400,000

depreciation expense = $675,000

tax rate = 25%

operating cash flow = [($83,774,000 - $47,751,180 - $3,400,000 - $675,000) x (1 - 25%)] + $675,000 = $23,960,865 + $675,000 = $24,635,865

5 0

2 years ago