On-campus interviews ________
A) are always conducted by the same recruiters who represent companies at career fairs
B) are never conducted by actual hiring managers from companies
C) rarely use the traditional one-on-one format
D) are generally of a duration of 10 minutes or less
E) may only be available for students who are registered with the school career center
Answer: E
Explanation: E) Many career centers require that students register with the center in order to be eligible for on-campus interviews. In addition to ensuring you are eligible for on-campus interviews, registering with your school's career services office early in your college career allows you to take advantage of their resources.
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A company purchases for $24,000 an asset that has a useful life of six years and no salvage value. After two years, the company spends $4,000 for a major overhaul that will extend the machine's useful life four years beyond the original six. Assuming straight-line depreciation, how much depreciation should be taken in year 3?
a. $2,800 b. $2,500 c. $2,000 d. $4,000
Indicate whether each of the following statements about financial statement analysis is true or false.Solvency ratios measure a company's short-term debt-paying ability and its financial structure. ______A company with a high debt to assets ratio probably would be considered to have a high level of financial risk. ______The debt to equity ratio and debt to assets ratio are two ways to measure the same relationship. ______From the point of view of stockholders, a decline in the debt to equity ratio is always good news. ______The lower the debt to equity ratio, the higher a company's financial leverage. ______
What will be an ideal response?
The interest rate borrowers pay on their mortgages is determined by
A) current long-term market rates. B) the term. C) the number of discount points. D) all of the above.
Sandy is the owner of ABC Loan Company. On June 2, 2017, ABC loaned Randy $80,000. In 2018, Randy filed for bankruptcy. At that time, the bankruptcy court indicated that Randy's creditors could expect to receive 30 cents on the dollar. In August 2019 final settlement was made, and ABC received $20,000. ABC's policy is to deduct losses as soon as permitted. How much loss can ABC deduct and in which year?
What will be an ideal response?