Pro Formas can be structured in many different formats; however, they all help forecast a company’s financial feasibility, breakeven, and profitability. How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?

Answers

Answer 1
Answer:

Answer:

Pro Forma is a financial statement that facilitates comparison of historic data and projections of future predictions.

Explanation:

Pro Forma have different formats but they all do the same thing. They help forecast a company's financial feasibility, break even, and profitability. According to the present situations assumptions about the financial and operating characteristics can be identified.

The results can be assembled in profit and loss projections. Advantage over job candidates is that the past record can be taken into account.

Answer 2
Answer:

Answer:

How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?

Explanation:

If you know about proformas, you are a specialist in companies that issue a profit announcement and make it available to the public, particularly to potential investors. Additionally, you are able to assess the potential value of a proposed change, such as an acquisition or a merger


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A productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improvements. Now refer to the Income Statement in Chester's Annual Report. The direct labor costs for Chester were $32,680. These labor costs could have been $20,000 higher if investments in training that increased productivity had not been made. What was the productivity index for Chester that led to such savings?
The theory of _____, developed by Michael Porter, focuses on the importance of country factors, in addition to factor endowments, such as domestic demand and domestic rivalry in explaining a nation's dominance in the production and export of particular products.
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Rayya Co. purchases a machine for $159,600 on January 1, 2019. Straight-line depreciation is taken each year for four years assuming a eight-year life and no salvage value. The machine is sold on July 1, 2023, during its fifth year of service.Prepare entries to record the partial year’s depreciation on July 1, 2023, and to record the sale under each seperate situation. (1) The machine is sold for $79,800 cash. (2) The machine is sold for $67,032 cash.

Wiley Consulting purchased $7,800 worth of supplies and paid cash immediately. Which of the following general journal entrie will Wiley Consulting make to record this transaction? Assume the company's policy is to Initially record prepaid and unearned Items In balance sheet accounts. Multiple Choice Accounts Accounts Payable 7,800
Supplies 7, 800

Answers

Answer: Debit Supplies and Credit Cash

Explanation: From the above question, Wiley paid cash for the supplies and in accounting you debit the receiver and credit the giver.

In the question above, the supplies account is receiving value while the cash is giving value. Then the right journal entry is to Debit supplies and credit cash.

What is an advantage of taking out a long-term loan instead of a short-termloan?

A. A long-term loan usually requires a low debt-to-income ratio.

B. A long-term loan usually has a lower total cost.

C. A long-term loan usually has a lower interest rate.

D. A long-term loan usually requires no credit check.

Answers

One of the major advantages of taking a long-term loan is that a long-term loan usually has a lower interest rate. Therefore (C) is the correct option.

What is a long-term loan?

A long-term loan is a financial instrument with a one-year maturity. Both private and public institutions are accepting applications for this loan. Collateral is generally needed for long-term loans.

The loan's interest rate is lower than that of a short-term loan because it must be repaid over a three-to ten-year period.

Therefore, (C) is the correct option.

To know more about loans, visit the link below

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The Nature Conservancy is one tool that consumers can use to put their money where their mouth is, but it's not the only one. Internet technology is helping large groups of consumers raise money for causes they support. In this case, Internet technology makes it _____________ that the economic pie will be maximized.

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Answer:

The Nature Conservancy is one tool that consumers can use to put their money where their mouth is, but it's not the only one. Internet technology is helping large groups of consumers raise money for causes they support. In this case, Internet technology makes it ____possible_________ that the economic pie will be maximized.

Explanation:

The Nature Conservancy is the management of land and water resources to ensure their conservation.  With internet technology, consumer groups can actually raise money to ensure the objectives of the Nature Conservancy are achieved.  In this case, Internet Technology is an enabler of Nature Conservation.  IT has also enabled many other causes, including Gun Control and Rights Activities.

If the demand curve is linear and downward sloping, which of the following statements is not correct? Select one: a. Starting from a point on the upper part of the demand curve, an increase in price leads to a decrease in total revenue. b. Different pairs of points on the demand curve cannot result in different values of the slope of the demand curve. c. Different pairs of points on the demand curve can result in different values of the price elasticity of demand. d. Demand is more elastic on the lower part of the demand curve than on the upper part.

Answers

Answer:

The correct answer is option d.

Explanation:

If a demand curve is linear and downward sloping, different points on the line can show different values of slope. The value of slope will be equal to the ratio of change in price to change in quantity demanded. The value of slope will be the same throughout the line.

The price elasticity is the ratio of change in quantity to change in price. The price elasticity can be different for different points on the demand curve.

The points on the lower parts are more inelastic while the points on the upper portion are more elastic. The midpoint represents unit price elasticity.

Since the upper portion is more price elastic, an increase in price will cause a more than proportionate decrease in the quantity demanded. This will cause the total revenue to decrease.

Final answer:

Statement 'b' is incorrect. The slope of a linear demand curve remains constant, irrespective of the different pairs of points chosen on the curve. The other three statements provide accurate descriptions of the properties and behaviors of a linear, downward sloping demand curve.

Explanation:

In considering a linear and downward sloping demand curve, statement 'b' is incorrect when it declares that different pairs of points on the demand curve cannot result in different values of the slope of the demand curve. This statement is inaccurate because in a linear demand curve, the slope remains constant regardless of the different pairs of points chosen.

Statement 'a' is correct because as price increases, the quantity demanded decreases, thus leading to a decrease in total revenue. Statement 'c' is also correct because different parts of the demand curve can indeed have different price elasticities. Finally, statement 'd' is correct since the elasticity of demand generally becomes more elastic, as in more responsive to price changes, the further down the demand curve you move.

Learn more about Demand Curve here:

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Delaney takes out a $500,000 loan to open a new bar. He will repay the loan in 200 monthly installments, beginning 1 month from now. If he pays equal amounts of principal every month, what will be his third payment

Answers

Answer:

the question is incomplete, since you need an APR rate. I looked for similar question and the effective interest rate was 15%:

Delaney will pay $500,000 / 200 = $2,500 in principal every month.

  1. His first payment will be = ($500,000 x 15% x 1/12) + $2,500 = $6,250 + $2,500 = $8,750
  2. His second payment will be = ($497,500 x 15% x 1/12) + $2,500 = $6,218.75 + $2,500 = $8,718.75
  3. His third payment will be = ($495,000 x 15% x 1/12) + $2,500 = $6,187.50 + $2,500 = $8,687.50

The money lost by not working is called

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it's called bankrupt

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