Many people have argued that the skills needed to be successful in today's workforce have changed. What skills do you feel an individual needs to be successful in a job today? Why do you feel these skills are most important?

Answers

Answer 1
Answer:

Answer:

the skills of:

1) Basic Technology

2) Communication

3) Problem Solving

4) Collaboration

5) Adaptability

6) Multitasking

7) Social Media

Explanation:

Successful employees have common and detailed career goals and plans. Those who do not, however, prefer to flow in their work lives. The person with goals has a strong internal motivation. They are not discouraged when they fail. It is difficult to separate these people from their work and distract them. A person with goals is already motivated for development. Most importantly, an employee with clear goals often has a clearly defined career and development plan, and he already knows what tools, skills and qualifications will help him in that sequence. A person without goals is like a piece of water moving in the direction of sea waves and winds. Wherever the wind blows or where the waves drive, they will go there.

We could say that five general skills that workers say are most important when it comes to getting hired and being successful in the workplace:

Ability and willingness to learn new skills

Critical thinking and problem solving  

Collaboration and team work  

Interpersonal communication

Ability to analyze and synthesize information.

More specifically, we can list the most important ones nowadays, the skills of:

1) Basic Technology

2) Communication

3) Problem Solving

4) Collaboration

5) Adaptability

6) Multitasking

7) Social Media


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Tina is very skilled at knowing what gifts are acceptable to give coworkers and clients when she travels around the world representing Pepsi.

Answers

Cultural competence  

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In the month of November Pharoah Company wrote checks in the amount of $68800. In December, checks in the amount of $94176 were written. In November, $63002 of these checks were presented to the bank for payment, and $80970 in December. What is the amount of outstanding checks at the end of December?

Answers

Answer:

$145,008

Explanation:

Outstanding checks at the end of November = $68,800 + $63,002 = $131,802

Outstanding checks at the end of December = $131,802 + $94,176 - $80,970 =  $145,008

Therefore,  the amount of outstanding checks at the end of December is $145,008.

Sunset Products manufactures skateboards. The following transactions occurred in March:1. Purchased $20,500 of materials on account.

2. Issued $1,050 of supplies from the materials inventory.

3. Purchased $25,100 of materials on account.

4. Paid for the materials purchased in the transaction (1) using cash.

5. Issued $30,100 in direct materials to the production department.

6. Incurred direct labor costs of $25,500, which were credited to Wages Payable.

7. Paid $21,600 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing shop.

8. Applied overhead on the basis of 110 percent of direct labor costs.

9. Recognized depreciation on manufacturing property, plant, and equipment of $5,100.

The following balances appeared in the accounts of Sunset

Products for March:

Beginning Ending
Materials Inventory $9,150 _____
Work-in-Process Inventory $16,600 _____
Finished Goods Inventory $65,100 $36,600
cost of goods sold $73,100
Prepare T-Accounts to show the flow of costs during the period from materials inventory through the cost of goods sold.

Answers

Sunset products

Journal entry

1. Dr Material 20500

              Cr Account payable 20500

(Material purchased on account)

2. Dr work in process 1050

                       Cr Material   1050

   (material issued)

3. Dr Material 25100

                      Cr Accounts payable 25100

( Material purchased on account )

4. Dr Accounts payable  20500

                                    Cr Cash 20500

  (Paid for material purchased on account)

5. Dr Work in process 30100

                              Cr Material 30100

   ( Direct material issued to production department)

6. Dr Work in process  25500

        Cr  Wages payable           25500

       ( Direct labor cost incurred)

7. Dr Factory overhead 21600

                     Cr Cash            21600

      ( Paid cash for utilities)

8. Dr  Work in process  (25500*110%) 28050

                Cr Applied overhead                                   28050

         (Applied overhead)

9. Dr Factory overhead 5100

              Cr  Accumulated depreciation  5100

      (To record depreciation)

T-account

         Work in process                                           Material          

Dr___________Cr____                             DR ___________CR

   16600------                                                       9150    -----

  1050 -----                                                         20500 ---- 1050

  30100 -----                                                        25100--- 30100

25500---

28050---

   Accounts payable                                                    Cash

Dr____________Cr_                                        DR ___________Cr

             ---  20500                                                          ---- 20500

           -----  25100                                                           ----21600

20500-----

Factory overhead                                                     Wages payable

Dr ____________Cr                                         Dr _____________Cr

   21600---  

                                                                                         -----25500

5100---

Applied factory overhead                                 Accumulated depreciation

Dr_____________Cr                                         Dr ___________Cr_

             ----28050                                                          ---5100

Cost of goods sold                                                     Finished goods

Dr_____________Cr                                        Dr ______________Cr

                                                                     ( open)   65100 ---  

                                                                               101300       --- 36600 (end)  

 

                                                   

Dr Finished goods 101300

        Cr   Work in process     101300

     (move work in process to finished goods)  

Dr Cost of goods sold  129800

                           Finishd goods   129800

      (move finished goods to cost of goods sold)

Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2019, she sells the following long-term assets used in her business: Asset Sales Price Cost Accumulated Depreciation Building $234,000 $204,000 $56,000 Equipment 84,000 152,000 27,000 Lily's taxable income before these transactions is $194,500. What are Lily's taxable income and tax liability for the year

Answers

Answer:

Tax Liability  = $59,170

Explanation:

Profit on building = 234,000-(204,000-56,000)

Profit on building = $86,000

Loss on equipment = 84,000 - (152,000-27,000)

Loss on equipment = $41,000

Net profit = Profit on building - Loss on equipment

Net profit = $86,000 - $41,000

Net profit = $45,000

Taxable income before transaction = $194,500

Total taxable income = $194,500 + $45,000

Total taxable income = $239,500

According to tax rules

Tax Liability  = ($194,500 - $85,650)28% + 17,442 + ($45,000)(25%)

Tax Liability  = $47,920 + $11,250

Tax Liability  = $59,170

Cheap Money Bank offers your firm a discount interest loan at 8.25% for up to $25 million and, in addition, requires you to maintain a 15 percent compensating balance against the amount borrowed. What is the effective annual interest rate on this lending arrangement?

Answers

Answer:

10.75%

Explanation:

The computation of the effective annual interest rate is shown below:

= Interest  ÷ total net amount available

where,

Total net amount available would be

= Loan amount - Loan amount × interest rate - loan amount × compensating percentage

= $25,000,000 - $25,000,000 × 8.25% - $25,000,000 × 15%

= $25,000,000 - $2062,500 - $3,750,000

= $19,187,500

And, the interest would be $2,062,500

Now put these values to the above formula  

So, the rate would equal to

= $2,062,500 ÷ $19,187,500

= 10.75%

In 2016, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. The same selling price, variable expenses, and fixed expenses are expected for 2017. What is Teller's break-even point in units for 2017

Answers

Answer:

1500

Explanation:

Breakeven point is the number of units produced and sold where net income is art on it is where revenue equals cost.

The formula for calculating break even points = F / (P - V)

F = fixed cost

P = price

V = variable cost per unit

$270,000 / ($600 - $420) = 1500

I hope my answer helps you