After College Graduation, Two of Your Friends Are Interested in Careers

question 47

Multiple Choice

After college graduation, two of your friends are interested in careers in the helping professions. Anna wants to become a psychiatrist; Carl plans on becoming a psychologist. Since you are taking a course in Abnormal Psychology, they ask you for career advice. You would tell

• A) Anna to apply to medical school and Carl to study psychology at the graduate level.
• B) Carl to apply to medical school and Anna to study psychology at the graduate level.
• C) both of them to apply to medical school.
• D) both of them to apply to graduate school.

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Definitions:

Net New Borrowing

Refers to the total amount of new debt acquired by a company or government, minus any debt that has been repaid during the same period.

Tax Rate

The defined percentage of income from individuals or corporations allocated for taxes.

Net Income

The profit remaining after all expenses, taxes, and costs have been subtracted from total revenue.

Negative Net Working Capital

A financial situation where a company's current liabilities exceed its current assets, indicating potential liquidity problems.