When the interviewer asks you questions about the future, you should provide answers that
A) show ambition and interest in succeeding with the company
B) are vague because no one can predict the future.
C) indicate that you want the interviewer's job.
D) focus on your needs.
A
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Your cousin will sell you his coffee shop for $250,000, with "seller financing," at a 6.0% nominal annual rate. The terms of the loan would require you to make 12 equal end-of-month payments per year for 4 years, and then make an additional final (balloon) payment of $50,000 at the end of the last month. What would your equal monthly payments be?
A. $4,029.37 B. $4,241.44 C. $4,464.67 D. $4,699.66 E. $4,947.01
An oil well cost $2,050,000 and is calculated to hold 290,000 barrels of oil. There is no residual value. Which journal entry is needed to record the expense for the extraction of 53,000 barrels of oil during the year? All 53,000 barrels were sold during the year. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) Depletion Expense - Oil Reserve 374,710 Accumulated Depletion - Oil Reserve 374,710 B) Depletion Expense - Oil Reserve 374,710 Oil Revenue 374,710 C) Cost of Goods Sold - Oil Reserve 374,710 Accumulated Depletion - Oil Reserve 374,710 D) Oil Reserve Inventory 374,710 Accumulated Depletion - Oil Reserve 374,710
Skeeter Company produces 100,00 . insect repellent devices each day, and the average number of units in work in process is 150,000 . with an average value of $300,000 . The average annual carrying cost percentage is 30%
a. Determine the throughput time. b. Compute the annual carrying cost. c. If the same daily output can be achieved while reducing the work in process by 40%, determine the new throughput time. d. Compute the annual carrying cost given the information in requirement c.
Answer the following statements true (T) or false (F)
1. Terrance, who owns a service station, just told one of his mechanics to start working on the customer’s vehicle. This is not delegating. 2. Prioritized to-do lists should be updated often and new tasks should be added. 3. It’s a good idea to delegate tasks that you, personally, aren’t skilled at doing. 4. When delegating, it’s important to delegate tasks quickly and avoid giving employees lots of details so as to avoid micromanaging. 5. When delegating, it’s ok to frequently check employee progress if the employee really needs you to do so.