Tom decides to begin investing some portion of his annual bonus, beginning this year with $6,000. In the first year he earns an 8 percent return and adds $3,000 to his investment. In the second his portfolio loses 4 percent but, sticking to his plan, he adds $1,000 to his portfolio. In this year his portfolio returns 2 percent. What is Tom's dollar-weighted average return on his investments?
A. 0.34 percent
B. 1.20 percent
C. 1.54 percent
D. 2.58 percent
E. 2.23 percent
Answer: B
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What steps can be taken in the planning phase of the writing process to best target your résumé to the reader and their informational needs?
A) Include as much jargon and industry specific buzzwords as possible. B) Repeat all the terminology the company used in the advertisement. C) Bold important phrases and concepts. D) Research the profession, industry, company and managers you will send the résumé to. E) Develop a blog to add depth and detail to the résumé.
________ are state laws that require certain types of contracts to be in writing.
A. Uniform Computer Information Transactions Act B. Electronic Communications Privacy Act C. Uniform Get It In Writing Statutes D. Statutes of Frauds
According to Mintzberg, in a ______, an organization has decentralized, coordination by standardization of skills, operating core of highly trained professionals who have collective control over administration.
Fill in the blank(s) with the appropriate word(s).
During the year, a wealthy local merchant donated a building to the City of Rosewood. The original cost of the building was $300,000. Accumulated depreciation at the date of the gift amounted to $250,000. The appraised value of the donation at the date of the gift was $600,000. At what amount should this contribution be recorded in the governmental activities accounts at the government-wide level?
A. $300,000. B. $600,000. C. $0. D. $50,000.