Career plans should not be changed after long- and short-term career goals are set.
Answer the following statement true (T) or false (F)
False
Rationale: Career plans are similar to financial plans, and they have to be reviewed and revised as the situation changes. See 1-5: What Determines Your Personal Income?
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Dina Corporation purchased plant assets for $60,000 cash. The journal entry to record the transaction that correctly shows the outflow of cash is:
A) Investments 60,000 Cash 60,000 B) Plant Assets 60,000 Cash 60,000 C) Plant Assets 60,000 Purchases 60,000 D) Purchases 60,000 Plant Assets 60,000
Eye contact is an ineffective form of nonverbal communication
Indicate whether the statement is true or false
Xtra-Terrestrial Landscapes needs to raise capital to finance an expansion in their business. The company is trying to decide between borrowing or issuing more equity. Selected financial information is provided in the table below
The current capital structure is shown in the column labeled "Current." Under Option E, they will sell 600 new shares at the current price. Under Option D, they will borrow $327 at 5% and no new equity will be issued. There are currently 1,000 shares outstanding, and the firm is debt-free. The tax rate is 40%. To help Xtra-Terrestrial Landscapes with its decision, what is the EBIT-EPS indifference point? Round to the nearest dollar. Xtra-Terrestrial Landscapes Current Option E (Equity) Option D (Debt) Debt 0 $0 $327 Interest 0 $0 $16 Tax Rate 40% 40% 40% Price $0.55 N/A N/A Shares Outstanding 1,000 1,600 1,000 A) $43 B) $55 C) $88 D) $33 E) $47
The markdown rate of an item is 30%, and the markdown amount is $18. What is the original price?