Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need. They could be looking for an answer to a nagging question. They might be looking for help in completing an important task. For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent. While he already has samples provided by his friends, he still feels something lacking in his resume. Specifically, the he believes that his professional objective statement lacks focus and clarity.

Thus, he sought our assistance in improving editing and proofreading his resume.

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness. In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done. I am sincerely appreciative of the time and effort you gave on my resume. You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume! Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Ch3 Assignment

Navigation » List of Schools » California State University, Northridge » Finance » Finance 303 – Financial Management » Fall 2022 » Ch3 Assignment

Need help with your exam preparation?

Existing Quiz Clients Login here

Below are the questions for the exam with the choices of answers:

Question #1

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-term notes payable worth $313,663, and other current assets of $121,427. What is the company’s net working capital?

A $2,123,612

B $3,596,632

C $1,673,421

D $1,801,784

Question #2

Super Grocers, Inc., provided the following financial information for the quarter ending September 30, 2006:

Depreciation and amortization – $133,414 Net income – $341,463
Increase in receivables – $112,709 Increase in inventory – $81,336
Increase in accounts payables – $62,411
Decrease in marketable securities – $31,225

What is the cash flow from operating activities generated during this quarter by the firm?

A –$308,458

B $308,458

C –$374,468

D $343,243

Question #3

Arco Steel, Inc. generated total sales of $45,565,200 during fiscal 2010. Depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. Interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. What is Arco’s EBIT for 2010?

A $9,641,300

B $18,490,000

C $13,275,030

D $11,391,300

Question #4

Cash flows from financing activities include all but one of the following:

A Buying and selling bonds or stock of other firms.

B Cash purchases of treasury stock.

C Cash proceeds from a bank loan.

D Cash payments on the principal of long-term debt.

Question #5

Quipe Industries provided the following information for the year ending June 30, 2014.

Increase in inventories $ 42
Purchased treasury stock 25
Purchased property and equipment 27
Net income 495
Decrease in accrued income taxes 63
Depreciation and amortization 168
Decrease in accounts payable 15
Increase in accounts receivable 39
Increase in long-term debt 150

What was Quipe Industries’ cash flow from operations for the year ending June 30, 2014?

A $420

B $504

C $392

D $440

Question #6

Accounting statements are:

A based on residual-value data.

B based on inflation-adjusted data.

C based on historical data.

D based on current cost data.

Question #7

Finore Manufacturing has the following amounts on its 12/31/14 balance sheet.

Cash $150
Other current assets 397
Property, plant, & equipment, net of depreciation 538
Current liabilities 324
Total Liabilities 504

What was Finore Manufacturing’s net working capital on December 31, 2014?

A $223

B $581

C $871

D $180

Question #8

Finore Manufacturing has the following amounts on its 12/31/14 balance sheet.

Cash $150
Other current assets 397
Property, plant, & equipment, net of depreciation 538
Current liabilities 324
Total Liabilities 504

What was Finore Manufacturing’s equity as on December 31, 2014?

A $581

B $257

C $214

D $484

Question #9

Which of the following would appear as part of equity on a company’s balance sheet?

A Accounts receivable

B Buildings

C Inventory

D Common stock

Question #10

A firm’s net income may be greater than its net cash flows if the firm:

A deducted depreciation expense.

B did not pay dividends.

C sold merchandise on credit.

D deferred income taxes.

Question #11

Which of the following equations describes a firm’s net cash flow from operating activities?

A Net cash flow = Revenues − Expenses

B Net cash flow = Net income − Non-cash revenues + Non-cash expenses

C Net cash flow = Operating income − Depreciation

D Net cash flow = Increase in Fixed Assets − Decrease in fixed assets

Question #12

Which of the following balance sheet items generally takes the longest time to convert to cash?

A Treasury bills

B Inventory

C Accounts payable

D Accounts receivable

Question #13

Preferred stock is similar to a bond because:

A it pays a fixed periodic amount.

B it has no maturity date.

C it represents ownership in a firm.

D preferred dividends do not reduce a firm’s taxes.

Question #14

Parrino Corporation has announced that its net income for the year ended June 30, 2008, is $1,824,214. The company had an EBITDA of $5,174,366, and its depreciation and amortization expense was equal to $1,241,790. The company’s average tax rate is 34 percent. What is the amount of interest expense for the firm?

A $1,187,720

B $1,168,615

C $939,747

D $2,763,961

Question #15

Triumph Trading Company provided the following information to its auditors. For the year ended March 31, 2008, the company had revenues of $1,122,878, operating expenses (excluding depreciation and leasing expenses) of $612,663, depreciation expenses of $231,415, leasing expenses of $126,193, and interest expenses of $87,125. If the company’s average tax rate was 34 percent, what is its net income after taxes? (Round your final answer to the nearest dollar.)

A $65,482

B $43,218

C $152,607

D None of these.

Question #16

Tumbling Haven, a gymnastic equipment manufacturer, provided the following information to its accountant. The company had net fixed assets of $356,190, and other assets of $4,176. The firm has current liabilities of $94,792, long-term debt of $76,445, common stock of $200,000, and retained earnings of $134,461. What amount of current assets did this firm have?

A $237,332

B $145,332

C $171,217

D $505,698

Question #17

Which of the following is NOT a cash flow from investing activities?

A Buying and selling bonds of other firms.

B Buying and selling stocks of other firms.

C Cash payments of dividends to shareholders.

D Buying or selling of land, buildings, and plant and equipment.

Question #18

Trekkers Footwear bought a piece of machinery on January 1, 2006 at a cost of $2.3 million, and the machinery is being depreciated annually at an amount of $230,000 for 10 years. Its market value on December 31, 2008 is $1.75 million. The firm’s accountant is preparing its financial statement for the fiscal year end on December 31, 2008. The net value of the asset that should be reported on the balance sheet is:

A $230,000.00

B $1.75 million.

C $2.3 million.

D $1.61 million.

Question #19

Blossom Corporation recently reported an EBITDA of $30.90 million and net income of $9.7 million. The company had $6.8 million in interest expense, and it’s average corporate tax rate was 35 percent. What was its depreciation and amortization expense? (Round answer to 2 decimal places and enter your answer in dollars, e.g. 9,700,000.25)

A $9,176,923.08

B $9,004,520.01

C $8,135,299.9

D $9,500,423.05

Question #20

Edward Lewis, the CFO of Sunland Automotive, Inc., is putting together this year’s financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $313,300, retained earnings of $512,159, inventory of $211,000, goodwill and other assets equal to $78,656, net plant and equipment of $710,300, and short-term notes payable of $21,115. It also had accounts receivable of $141,258 and other current assets of $11,223. How much long-term debt does Sunland Automotive have?

A $201,634

B $175,425

C $145,322

D $165,621

Question #21

Oriole Construction had long-term assets before depreciation of $978,800 on December 31, 2016 and $1,215,000 on December 31, 2017. How much cash flow was invested in long-term assets by Oriole during 2017?

A $220,500

B $236,200

C $250,000

D $200,900

Question #22

Sheridan Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Sheridan had repaid existing debt of $315,200 and raised additional debt capital of $648,100. It also repurchased stock in the open market for a total of $45,270. What is the net cash provided by financing activities? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

A $301,298

B $287,630

C $236,549

D $220,240

Play Video

“Many thanks for the killer business plan we worked on. You guys are angels sent to me. Congratulations to the team for a job well done. I hope you help more entrepreneurs like me grow their businesses. I will surely bring some clients your way!”

Christian S.

SaaS Business Founder

“Thanks for all your help in bringing my website back to life. You are life savers. With your help, I now have a more thorough understanding of my target audience. I wish I had met your earlier, I could have saved tons of work hours.”

Tyra

Blogger

“We can never be thankful enough iwritegigs.com for helping us with our business. We have been hesitating for years hiring a professional writer thinking it was only an extra cost to our business. It has been a pleasure working with you.”

Linda

Start Up Founder

“Kudos to the team for a job well done. I am sincerely appreciative of the time and effort you gave on my resume. You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume! Cheers!

Manush

Fresh Graduate

We accept payment

Terms of Service
Copyright © 2021 iWriteGigs
ElitePro Writing Business Solutions LLC

30 N Gould St Ste R, Sheridan, WY 82801

Call Us at 1-(323) 410-1787
Send us sms at 1-(323) 410-1787

17 Mabini St. Barangay San Diego Zone 2 Tayabas City, Philippines