Why is keeping a journal about what is good and bad regarding your summer or part-time work a good idea to help you choose a career path

Answers

Answer 1

The correct answer to this open question is the following.

Keeping a journal about what is good and bad regarding my summer or part-time work is a good idea to help me choose a career path because writing down what I like and what I dislike, I can get a pretty close idea of the things I enjoy and have more skills to perform, compared to the things I do not like or I have no abilities at all.

If a clearly identify my skills and abilities in the workplace during the summer, it will be easier for me to identify what could be the profession I love or at least, what I am attracted to.

As it is difficult to remember all the work experience by memory, writing the journal will help me to remember exact dates, specific activities that I enjoyed or were interesting, and what was not.


Related Questions

Exercise 4-7 Recording sales, purchases, shipping, and returns—buyer and seller LO P1, P2 Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts delivery of $30,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3/10, n/90, FOB shipping point. The goods cost Troy $20,100. Sydney pays $400 cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,300 of the $30,000 of goods to Troy, who receives them the same day and restores them to its inventory. The returned goods had cost Troy $871. 20 Sydney pays Troy for the amount owed. Troy receives the cash immediately. (Both Sydney and Troy use a perpetual inventory system and the gross method.) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions. 2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions.

Answers

Answer:

Sydney Retailing (buyer) and Troy Wholesalers (seller)

Journal Entries:

For the Buyer (Sydney):

May 11 Debit Inventory $30,000

Credit Accounts Payable $30,000

To record the purchase of goods on account with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Debit Freight-in $400

Credit Cash $400

To record the freight-in expense.

May 12 Debit Accounts Payable $1,300

Credit Inventory $1,300

To record the return of goods to Troy.

May 20 Debit Accounts Payable $28,700

Credit Cash $27,839

Credit Cash Discounts $861

To record the payment on account, including discounts.

For the seller (Troy Wholesalers):

May 11 Debit Accounts Receivable $30,000

Credit Sales Revenue $30,000

To record the sale of goods on credit with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Debit Cost of goods sold $20,100

Credit Inventory $20,100

To record the cost of goods sold.

May 12 Debit Sales Returns $1,300

Credit Accounts Receivable $1,300

To record the sales returns on account.

Debit Inventory $871

Credit Cost of goods sold $871

To record the cost of goods returned.

May 20 Debit Cash $27,839

Debit Cash Discounts $861

Credit Accounts Receivable $28,700

To record the receipt of cash on account, including discounts.

Explanation:

a) Data and Analysis:

For the Buyer (Sydney):

May 11 Inventory $30,000 Accounts Payable $30,000

with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Freight-in $400 Cash $400

May 12 Accounts Payable $1,300 Inventory $1,300

May 20 Accounts Payable $28,700 Cash $27,839 Cash Discounts $861

For the seller (Troy Wholesalers):

May 11 Accounts Receivable $30,000 Sales Revenue $30,000

with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Cost of goods sold $20,100 Inventory $20,100

May 12 Sales Returns $1,300 Accounts Receivable $1,300

Inventory $871 Cost of goods sold $871

May 20 Cash $27,839 Cash Discounts $861 Accounts Receivable $28,700

Health and Wealth Company is financed entirely by common stock that is priced to offer a 15 percent expected return. If the company repurchases 25 percent of the common stock and substitutes an equal value of debt yielding 6 percent, what is the expected return on the common stock after refinancing

Answers

Answer: 18%

Explanation:

The expected return on the common stock after refinancing will be calculated thus:

Let's assume that common stock is 1000. Therefore, return will be:

= 15% × 1000 = 150

Since 25% of the common stock is repurchased, this will be:

= 25% × 1000 = 250

Then, this 250 is financed by debt at 6%, and this will be:

= 6% × 250 = 15

Then, the new return will be:

= 150 - 15 = 135

Expected Return will now be:

= 135/(1000 - 250)

= 135/750

= 18%

Bob agreed to tutor Lola in Spanish for two (2) hours and Lola agreed to pay $25.00 per hour for the tutoring services. Bob tutored Lola and she paid Bob $50.00. This means that the parties have been _____.

Answers

Answer: discharged by performance

Explanation:

When parties to a contract are discharged from their duties as per the contract, it means that they are no longer party to the agreement. When this is done by performance, it means that the discharge was done because both parties have fulfilled the demands of the contract.

Bob agreed to tutor Lola for two hours and Lola agreed to pay Bob $50 for that. Bob then tutored her for the two hours and was paid the amount. The parties have therefore fulfilled their obligations to each other and so the contract has been satisfied.

packaging materials for processed​

Answers

Answer:

Types of packaging material used in food

Plastics. Plastics are organic polymeric materials that can be molded into the desired shape. ...

Metals (steel, tin, aluminum) The main use of these metals is the preservation of canned foods and beverages. ...

Glass. ...

Wood, cardboard and papers. ...

Advances in packaging techniques.

World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value of the stock after paying the dividend

Answers

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Productivity is difficult to measure because precise units of measure are available, quality is consistent, and exogenous variables don't change. True False

Answers

Answer:

False

Explanation:

All of the statements being made are False. Productivity is measured by stats. For example, in any given month a certain number of products are produced by a fixed number of employees, the next month the same value is calculated and compared with the previous month. This lets you know if productivity is increasing or decreasing. The quality of anything depends on the time and effort being implemented in making something, if this changes then so does the quality. Exogenous variables are simply variables that are not affected by other variables in a given environment, this does not mean that they cannot change. Even though they are independent they can still change. For example, the weather is an exogenous variable but it can still change from Raining to Sunny.

During 2020, Morefield Building Company constructed various assets at a total cost of $14,700,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2020 were $10,700,000. The company had the following debt outstanding at December 31, 2020:
1. 10%, 5-year note to finance construction of various assets, dated January 1,
2020, with interest payable annually on January 1 $6,300,000
2. 12%, ten-year bonds issued at par on December 31, 2014, with interest payable
annually on December 31 7,000,000
3. 9%, 3-year note payable, dated January 1, 2019, with interest payable annually
on January 1 3,500,000
Instructions:
Compute the amounts of each of the following (show computations).
1. Avoidable interest.
2. Total interest to be capitalized during 2020.

Answers

Answer:

1. $1,015,000

2. $1,015,000

Explanation:

1. Computation for the Avoidable interest.

First step is to Compute the weighted average interest rate:

Principal Interest

12% ten-year bonds$ 7,000,000 $840,000

9% 3-year note $3,500,000 $315,000

Total $10,500,000 $1,155,000

Weighted average interest rate = $1,155,000 ÷ $10,500,000

Weighted average interest rate= 11%

Now let compute the Avoidable Interest

Weighted Average Accumulated Expenditures *Applicable interest rate = AVOIDABLE INTEREST

$6,300,000 *.10 = $630,000

$3,500,000 *.11= $385,000

Total $9,800,000 $1,015,000

Therefore the Avoidable Interest is $1,015,000

2. Computation for Total interest to be capitalized during 2020

2020 Actual interest cost

Construction note $6,300,000 × .10 =$630,000

12% ten-year bonds, $7,000,000 × .12 =$840,000

9% three-year note, $3,500,000 × .09=$315,000

Total $1,785,000

Therefore Total interest to be capitalized during 2020 will be $1,015,000 which is the LESSER of

$1,785,000

The following data for a production department relate to two accounting periods:
Activity(machine-hours)....... 17,000 18,500
Department costs................... $246,500 $251,750
The best estimate of fixed department cost is closest to:________.

Answers

Answer:

Fixed costs= $187,000

Explanation:

Giving the following information:

Activity(machine-hours): 17,000 18,500

Department costs: $246,500 $251,750

To calculate the fixed and variable cost, we need to use the high-low method:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (251,750 - 246,500) / (18,500 - 17,000)

Variable cost per unit= $3.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 251,750 - (3.5*18,500)

Fixed costs= $187,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 246,500 - (3.5*17,000)

Fixed costs= $187,000

A stock just paid an annual dividend of $1.10. The dividend is expected to increase by 10 percent per year for the next two years and then increase by 2 percent per year thereafter. The discount rate is 14 percent. What correctly computes the current stock price?

Answers

Answer: $10.79

Explanation:

This requires the use of the Dividend Discount Model.

The price of the stock is the present value of the dividends for the two years and then the Terminal value.

Terminal value = Third year dividend / (Required return - Growth rate)

=  (1.10 * 1.10² * 1.02) / (14% - 2%)

= 1.35762 / 12%

= $11.31

Price of stock is:

= Present value of first year dividend + Present value of second year dividend + Present value of Terminal value

= ((1.10 * 1.1) / 1.14) + (( 1.10 * 1.1²) / 1.14²) + (11.31 / 1.14²)

= $10.79

4. You want to take out a fully-amortizing 30-year mortgage. You can afford monthly payments of $600 each. The interest rate is 9%. How much money can you borrow?

Answers

Answer: $74569

Explanation:

Based on the information given in the question, the amount that can be borrowed is explained below:

Present value of annuity will e calculated as:

= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)

= 600 × [1-(1+0.0075)^-(360)] / 0.0075

= 600 × 1-(1.0075)^-(360)] / 0.0075

= 600 × [1-0.0678860074] / 0.0075

= 600 × 124.282

= 74569

The amount that can be borrowed is $74569

Capital allocation line is _______________ Question 18 options: plot of risk-return combinations available by varying portfolio allocation between a risk-free rate and a risky portfolio None of the options are correct plot of risk-return combinations available by varying portfolio allocation between two risky assets plot of risk-return combinations available by equal weighting allocation between a risk-free rate and a risky portfolio

Answers

Answer:

plot of risk-return combinations available by varying portfolio allocation between a risk-free rate and a risky portfolio

Explanation:

The capital allocation line (CAL) is called as the capital market line tha developed on the graph for all the expected combinations related to the risk-free and risk assets. In this, the graph presented the return investor that expected earn by assuming the particular level of risk along with the investment

Therefore the first option is correct

When equipment is sold for cash, the amount received is reflected as a cash :_________ a) inflow in the operating section. b) inflow in the financing section. c) inflow in the investing section. d) outflow in the operating section.

Answers

Answer: c. inflow in the investing section

Explanation:

The cash flow statement is prepared in order to determine the ending cash balance which is done by considering the cash that's generated from various activities of the business.

Equipment is regarded as a long term asset, and therefore when it's sold for cash, it's being regarded as an indicator for investing activities section.

Xavier is hired to perform at a festival. He was hired for his unique signing ability. When the performance date arrived, Xavier delegated his singing responsibility to Jorge. The festival sued Xavier. Who will win

Answers

Answer:

The festival, since this involved an invalid assignment of rights

Explanation:

In the given situation, the festival would be the winner of the case as it hired the xavier for the ability related to the unique signing. Also, xavier is delegated to the singing responsibility for jorge i.e. not valid right assignment

Therefore the above should be the answer and the same is relevant

All the other options are wrong

Identify every authority cited in the opinion (note that some sources may be cited more than once) and then do the following:
List all primary mandatory authority.
List all primary persuasive authority.
List all secondary persuasive authority.

Answers

Answer:

Primary Authorities :

Statues, regulations, jurisdiction, trial court, cases.

Primary Persuasive Authority :

Constitution, legislation.

Secondary Persuasive Authority :

Law review articles, trial courts.

Explanation:

Primary persuasive authority means law. Following a law is mandatory and statute provides the regulation which are required to be followed or else it will be regarded as crime. Secondary persuasive authority is not law but it leads to the law and helps explain the terms and standards of the law.

Assume that a company pays a 5% sales commission Also, assume the job cost sheet for Job X shows that (1) it used 18 direct tabor-hours and incurred direct materials and direct labor charges of $500 and $360, and (2) its unit product cost is $27.35. If Job X contained 40 units, then what is the plantwide predetermined overhead rate per direct labor-hour?
a. $15.00
b. $60.78
c. $13.00
d. $47.78

Answers

Answer:

c. $13.00

Explanation:

The computation of the plantwide predetermined overhead rate is given below;

Given that

Direct labor hour used = 18

Direct material cost = $500

Direct labor cost = $360

Unit product cost = $27.35

So,  

Total cost of Job = Number of unit × Unit product cos

= 40 × 27.35

= $1,094

Now

Total cost of Job = Direct material cost + Direct labor cost + Overhead applied

1,094 = 500 + 360 + Overhead applied

Overhead applied = $234

Now

Overhead applied = Direct labor hour used × Plantwide predetermined overhead rate

234 = 18 × Plantwide predetermined overhead rate

Plantwide predetermined overhead rate = $13 per direct labor hour

The plantwide predetermined overhead rate per direct labor-hour is $13 per DLH

Given Information

Direct labor hour used = 18

Direct material cost = $500

Direct labor cost = $360

Unit product cost = $27.35

Total cost of Job = Number of unit × Unit product cost

Total cost of Job = 40 × 27.35

Total cost of Job = $1,094

Total cost of Job = Direct material cost + Direct labor cost + Overhead applied

1,094 = 500 + 360 + Overhead applied

Overhead applied = $234

Overhead applied = Direct labor hour used × Plantwide predetermined overhead rate

234 = 18 × Plantwide predetermined overhead rate

Plantwide predetermined overhead rate = $13 per direct labor hour

Hence, the plantwide predetermined overhead rate per direct labor-hour is $13 per DLH.

Therefore, the Option C is correct.

Read more about overhead rate

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Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, legal, and humane working conditions throughout the supply chain. What is Patagonia practicing

Answers

Answer: corporate social responsibility practice

Explanation:

Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.

The following are all characteristics of projects EXCEPT: A. Projects are complex, involving a variety of skills and capabilities. B. Projects have a clear starting and ending point. C. Projects typically require significant levels of cross-functional and inter-organizational coordination. D. Projects are non-routine, making planning difficult. E. Projects are companies that launch a new, sustainable business model.

Answers

Answer:

E. Projects are companies that launch a new, sustainable business model.

Explanation:

project can be regarded as series of tasks which is under processing and need to be completed so that specific outcome can be reached. A project can as well be regarded as a set of both outputs and inputs that it's needed in achieving a particular goal. Projects can simple or complex one , managing of project can be by one person or a hundred.

It should be noted that following are all characteristics of projects;

✓ Projects are non-routine, making planning difficult.

✓Projects are complex, involving a variety of skills and capabilities.

✓ Projects have a clear starting and ending point.

✓Projects typically require significant levels of cross-functional and inter-organizational coordination.

There is no toll charge to drive on freeway A. If there is freeway congestion at 9 a.m., there will be greater freeway congestion at 11 a.m. if _______.
1. more people carpool at 11 a.m. than at 9 a.m.
2. none of these options.
3. the demand to drive on the freeway is the same at both times.
4. the demand to drive on the freeway at 9 a.m. is greater than the demand to drive on the freeway at 11 a.m.
5. the demand to drive on the freeway at 11 a.m. is greater than the demand to drive on the freeway at 9 a.m.

Answers

Answer:

5

Explanation:

If there is greater freeway congestion at 11 a.m than at 9am, it means that more people are using the road at 11am compared to 9am. This means that the demand to drive on the freeway at 11 a.m. is greater than the demand to drive on the freeway at 9 a.m.

If more people carpool at 11 a.m. than at 9 a.m, there would be less cars on the road at 11am. this would make the freeway less congested at 11am when compared to 9am

Daschle LLC completed some research and development during June of the current year. The related costs were $69,600. If Daschle wants to capitalize and amortize the costs as quickly as possible, what is the total amortization amount Daschle may deduct during the current year

Answers

Answer:

The answer is "8073.6".

Explanation:

Given:

Cost[tex]=69,600\\\\[/tex]

Total years[tex]= 5 \ or\ 60\ months\\\\[/tex]

total months during the year[tex]=7\\\\[/tex]

Calculating the Amortization expense:

[tex]= 69,600 \times \frac{7}{60}\\\\= 6,960 \times \frac{7}{6}\\\\= 6,960 \times 1.16\\\\=8073.6[/tex]

Managerial implications for the SDT theory include: Group of answer choices to motivate high performance for uninteresting jobs make performance contingent on extrinsic rewards. All of these. to motivate high performance for uninteresting jobs make performance contingent on intrinsic rewards. focus on the hygiene factors in order to reduce dissatisfaction and increase intrinsic motivation to enhance intrinsic motivation for interesting jobs be sure individuals receive large pay bonuses for high achievement

Answers

Answer:

to motivate high performance for uninteresting jobs make performance contingent on extrinsic rewards.

Explanation:

Extrinsic rewards means the motivation i.e. controlled and produced via payment, awards and appreciations. In the case when the job is not interesting so the motivation level should be high in this situation and when the job is interesting the motivation level should not high

So as per the given situation, the above statement should be considered as an answer

One of the examples given by Agnew and Brezina as a way to reduce crime by reducing situational strains is to:

Answers

Answer:

Reduce the amount of media violence.

Explanation:

Reducing crime reducing situational stains is the method to minimize the impact of crime and being it public. Media is the most effective way which reports details of crime very quickly. Agnew and  Brezina had tried to reduce the impact of crime and avoid distribution of details to public about the reported crime to reduce situational stains.

In marketing, we use which terms? (needs, wants, or demands). Why?

Answers

Answer:

needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items.

Suppose you borrow at the risk-free rate an amount equal to your initial wealth and invest in a portfolio with an expected return of 16% and a standard deviation of returns of 20%. The risk-free asset has an interest rate of 4%. Calculate the expected return on the resulting portfolio.

Answers

Answer: 28%

Explanation:

First, we have to make an assumption that the initial wealth is 100, then the weight of the risk free asset will be:

= Amount invested in risk free / Initial wealth

= -100/100

= -1

The weight of the portfolio will be calculated as:

= 1 - weight of risk free asset

= 1-(-1)

= 1 + 1

= 2

Therefore, the expected return on the resulting portfolio will be:

= 2 × 16 + [(-1) × 4]

= 32 - 4

= 28

Promotional expenses at the maturity stage of the product life cycle are often designed to Multiple Choice maintain market share. create a sense of nostalgia. attract more price-conscious consumers. thwart the growing number of competitors that have entered the market. convince those who have abandoned the brand to try it again.

Answers

Answer:

maintain market share.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.

Promotional expenses that are incurred at the maturity stage of the product life cycle are often designed by marketers to maintain market share. This is usually achieved through further product differentiation and finding new buyers (consumers).

To decrease the money supply, the Federal Reserve could a. decrease the required reserve ratio. b. conduct an open market purchase of U.S. Treasury securities. c. increase the discount rate. d. forbid the reselling of U.S. Treasury securities.

Answers

Answer: c. increase the discount rate.

Explanation:

The discount rate of a country is the rate at which the central bank in that country loans money out to the financial institutions.

When this rate is low, more financial institutions will borrow money as opposed to when it is high. Banks borrowing money increases the money supply in the economy so if the Federal Reserve wants to reduce money supply, it should increase the discount rate which would dissuade banks from borrowing from the Fed thereby limiting money supply.

When companies use automated production processes, they tend to condense the three manufacturing costs into two categories. These categories are: direct and indirect materials. direct costs and indirect materials. indirect materials and conversion costs. direct materials and conversion costs.

Answers

Answer:

direct materials and conversion costs.

Explanation:

When companies use automated production processes, they tend to condense the three manufacturing costs into two categories which are direct materials and conversion costs.

This is because Automation does conversion on the Direct Materials which are visible and can be traced to product being manufactured.

The Lime Corporation has obtained the following sales forecast data:
July August September October
Cash sales $ 80,000 $ 70,000 $ 50,000 $ 60,000
Credit sales $ 240,000 $ 220,000 $ 180,000 $ 200,000
The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts. The budgeted cash receipts for October would be:_________
a. $188.000
b. $248,000
c. $226,000
d. $278,000
e. none of above

Answers

Answer:

b. $248,000

Explanation:

The computation of the cash receipts for October would be

Particulars             October

Cash sales            $60000

August credit Sales $22000 (10% of $220,000)  

September Credit Sales $126000 (70% of $180,000)  

October credit Sales $40000 (20% of $200,000)

Budgeted cash receipt   $248000

Hence, the correct option is b.

A cleaning product company is having trouble with the pH control of one of their products. The product should be slightly basic but the pH is too high. What could the company try to correct the pH of the product

Answers

Answer:

sodium hydroxide to raise and acidic solutions to drop ph

Explanation:

how to lower and make highee

Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $45,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. It has a current market value of $55,000. Variable manufacturing costs are $33,400 per year for this machine. Information on two alternative replacement machines follows.
Alternative A Alternative B
Cost $ 119,000 $ 112,000
Variable manufacturing costs per year 23,000 10,200
Calculate the total change in net income if Alternative A, B is adopted. Should Xinhong keep or replace its manufacturing machine? If the machine should be replaced, which alternative new machine should Xinhong purchase?

Answers

Answer and Explanation:

The computation is shown below;

For Alternative A

Cost to buy new machine -$119,000.00

Cash received $55,000.00

Reduction in variable manufacturing cost ($33400 - $23000) ×5 $52,000.00

Total change in net income -$12,000.00

For Alternative B  

Cost to buy new machine -$112,000.00

Cash received $55,000.00

Reduction in variable manufacturing cost ($33400 - $10200) × 5 $116,000.00

Total change in net income $59,000.00

So here Xinhong should purchase a machine that belong from Alternative B.

Quantity (Units) Private Value (Dollars) Private Cost (Dollars) External Cost (Dollars)
1 46 21 6
2 44 24 6
3 42 27 6
4 40 30 6
5 38 33 6
6 36 36 6
7 34 39 6

The table represents a market in which:

a. there is no externality
b. there is a positive externality.
c. there is a negative externality.
d. The answer cannot be determined from inspection of the table.

Answers

Answer:

c. there is a negative externality.

Explanation:

At the time when one individual actions develops the benefits for others but at the same time they dont pay so it is to be known as positive externality

At the time when one individual action develops loss but the other who received the loss because of the action of the person so for this they didnt get the compensation so it is the negative externality

As we can see that there is three types of values so the correct option is c.  

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