The annual multiplier is 0.27 and the Annual multiplier in decrease is 73%.
The gross hire multiplier is the ratio of the rate of a real estate funding to its annual condominium profits earlier than accounting for costs consisting of property taxes, insurance, and utilities; GRM is the variety of years the property would take to pay for itself in gross acquired hire.
We need to find the annual multiplier and annual percent of decrease.
The Final value after n years is equal to the Initial value multiplied by the multiplier raised to the number of elapsed years.
m⇒ annual multiplier
Substituting the values we get;
Taking cube root we get;
Hence the annual multiplier is 0.27.
Now We will find the annual percent of decrease.
The annual multiplier is equal to 1 minus the depreciation rate.r ⇒ annual percent in decrease.
Hence, Annual Percent in decrease is 73%.
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Disclaimer:- your question is incomplete, please see below for the complete question.
At the band's peak of popularity, a personally signed Black Diamond poster sold for $500. Three years later the band was almost forgotten and the poster was worth only $10. What were the annual multiplier and annual percent of decrease?
what is a sales forecast
Answer:
a sales forecast is a forecast and like a broadcast of how many sales someone is getting or taking.
Explanation:
that's the correct answer above.
mary kay owns a nursery. the trucks, handcarts, and forklift she purchased for the business are called investments.
Mary kay owns a nursery. the trucks, handcarts, and forklift she purchased for the business are called capital investments.
What is capital investment?Capital investment can be defined as the way in which a company or an organization acquire or own an asset in which the asset acquire are for long term use.
Example of physical capital asset includes the following:
Machinery/TrucksBuildingProperties etcMost companies tend to invest their money in assets by acquiring this assets because the assets will add value to their business.
Therefore Mary kay owns a nursery. the trucks, handcarts, and forklift she purchased for the business are called capital investments.
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how have airplanes changed the way the world does business? choose four answers.by making long trips less expensiveby shortening travel timeby opening up new trade markets worldwideby connecting business partners the fastestby increasing options for travel destinations
Airplanes changed the way the world does business by making long trips less expensive.
Air transport business generates a complete of 13.5 million jobs (direct, indirect and triggered). of these, 5 million are direct jobs. contributes round US$ 880 billion a 12 months to global GDP, considering direct, oblique and precipitated affects – equal to two.4% of global GDP. Its direct effect on GDP is US$ 330 billion.
Our financial system would be considerably slower, as items couldn't be moved as speedy and perishable objects would not be capable of make the long trip by way of land without going terrible, or with out big quantities of equipment preserving them cool. movies would be bland, as aerial shots would be non-existent.
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How have airplanes changed the way the world does business? Choose four answers.
by making long trips less expensive
by shortening travel time
by opening up new trade markets worldwide
by connecting business partners the fastest
by increasing options for travel destinations
A, B, C, E ed 2023
when a seller promises a buyer to sell to sell to the buyer all of an item the seller produces, this results in
When a seller promises a buyer to sell to sell to the buyer all of an item the seller produces, this results in An Enforceable output contract.
An output contract, also known as an entire-output contract, is a sort of agreement that is frequently seen in agricultural or energy legislation that calls for the buyer to purchase the seller's whole production of a certain good or service.What kind of output contract would that look like?As an illustration, Company A makes 10,000 paper clips annually. The parties agree that Company B will acquire all 10,000 paper clips that Company A produces this year. Company B would want to buy paper clips from Company A. This contract is for production.To Learn more about Enforceable output contract, Click the links.
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uilding on your knowledge of the industry, identify and discuss at least one more consumer or industry disruptor that will impact supply chain management.
There are several ways for businesses to boost profits. It could involve increasing marketing initiatives to promote sales, raise the selling price, launch a product into a new market, and so on.
What is selling price?It may differ based on the price that buyers are prepared to pay, the seller's acceptance threshold, and how competitive the price is in relation to those of other companies in the market.
The cost price is the cost at which an item is purchased. Selling Cost: The cost at which an item is bought is referred to as its selling price. Profit or Gain: The seller is considered to have profit or gain if SP is higher than CP.
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in a business auto policy�s physical damage coverage, which 2 coverages will not be written together for the same vehicle:
in a business auto policy Comprehensive and Specified Cause of Loss physical damage coverage, which 2 coverages will not be written together for the same vehicle.
An organization's usage of cars, trucks, vans, and other vehicles while conducting business is covered by a business automotive insurance (BAP). Vehicles hired by the firm, owned by the employee, or leased by the company and used for business reasons may all be covered.
A legal document used in commercial auto insurance contracts is a business auto coverage form. It details the automobiles and dangers protected under the contract. Broadening endorsements are available for purchase by policyholders who need higher levels of coverage in order to further cut their risk.
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data privacy statements on an organization's website satisfy the fair information practice principle.
Data privacy statements on an organization's website satisfy the notice/awareness fair information practice principle.
Data privacy specializes in issues related to gathering, storing, and preserving information, in addition to information transfers within relevant rules and legal guidelines, together with GDPR and HIPAA. Facts security is the protection of information in opposition to unauthorized get right of entry to, loss, or corruption at some point of the records lifecycle.
The fair information practice principles are the framework for privateness policy on the branch of hometown protection. The "FIPPs" offer the foundational standards for privateness coverage and guideposts for or her implementation at DHS. The FIPPs Factsheet presents examples of how the FIPPs are applied at DHS
The FTC has been studying online privacy issues because 1995, and in its 1998 file, the commission defined the widely universal fair information exercise concepts of notice, desire, access, and security.
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If a taxpayer does not have enough taxes withdrawn from her paychecks throughout the year to equal the total tax she is required to pay that year, she will owe the government the remaining balance. on the other hand, if the taxpayer has more money withheld for taxes than she is required to pay that year, she will receive a refund for the difference. mary has determined that, based on her annual income of $36,000, her federal income tax for the year is $5,424. mary gets paid on a bi-weekly basis, giving her 26 paychecks throughout the 52 week year. what is the minimum amount mary must have withheld from each of her 26 bi-weekly paychecks in order to avoid owing the federal government at the end of the year? a. $104.30 b. $208.62 c. $692.31 d. $1,384.62 please select the best answer from the choices provided a b c d
Option b $ 208.62 is the correct option of the given statement.
What is meant by income tax?The word "income tax" refers to a category of tax that governments levy on revenue produced by people and enterprises within their territorial authority. To assess their tax liabilities, taxpayers are required by law to file an income tax return each year. Governments get their money through income taxes.
Calculation of the statement is here,
Mary's anticipated annual income taxes are $5,424, therefore all we have to do to figure out how much should be withheld every two weeks is divide her total projected taxes by 26 weeks ($5,424 / 26 weeks = $208.62 $209; Mary's estimated annual income taxes are $5,424). In tax forms and payments, cents are typically excluded; instead, you must round up or down. In this situation, rounding up is necessary; even computer software does so.
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The correct answer to the given statement is $ 208.62. To figure release your gross annual income, multiply your monthly or weekly take-home pay by the digit of times you are paid separately per year.
What is Annual income?The amount of money you earn in one fiscal year is referred to as your annual income. Your annual income includes your yearly salary as well as bonuses, commissions, overtime, and tips. It may be referred to in two ways: gross annual income and net annual income. How to Determine Annual Income To calculate an annual salary, multiply your gross pay (before taxes) by the number of pay periods in a year. If an employee earns $1,500 per week, his or her annual income would be $1,500 x 52 = $78,000. If you work eight hours per day, five days per week, 52 weeks per year, you will have worked 2,000 hours in a year.To learn more about Annual income, refer to:
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if there is a negative change in demand, what will happen to the equilibrium price? group of answer choices
If there is a negative change in demand, then the equilibrium price goes down.
What is the equilibrium price?The equilibrium price (EP) is the price where the demand for a product or service balances its supply. It helps maintain equality between the amount demanded and the quantity supplied. On a graph, the intersection of the demand and supply curves shows the equilibrium price.
When supply and demand are balanced, the price is at equilibrium. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near the equilibrium levels. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More purchasers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium level's relative equilibrium.
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your original purchase price was $950.00 plus 5% sales tax. you enter into an agreement to pay $80.00 per month and where the interest (12.5% apr) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is accrued from the date of purchase. the late fee is $35.00. how much is your monthly payment?
According to the Question,
Given:
Sales tax: 5% of 950 is $47.50.
Credit total requested: 950 + 47.50 = 997.50
APR: 12.5%
12.5% divided by 12 equals 1.0417% per month in interest.
Interest = 997.50 x 1.0417% = 10.3910 or 10.39*I anticipated that the credit card payment would include the sales tax that was paid. Thus, interest on the aforementioned tax was also calculated. Since the late fee was not included in the original sum, it was not included in the calculation.
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when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so.
when a binding price ceiling is imposed on a market for a good, some people who want to buy the good cannot do so. So the correct answer of your question is True.
Binding Price Ceiling
On the other hand, if a price ceiling's level is set below the equilibrium price that would develop in a free market, it renders the free market price illegal and alters the outcome of the market. As a result, we can begin examining the impacts of a price ceiling by figuring out how a legally binding price ceiling will impact a market that is competitive.
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Complete Question
a major advantage of using the maximization of shareholder wealth as the primary goal of the firm is that this goal considers
In order to maximize shareholder wealth, a company's main objective is to increase the price of its shares. Maximizing shareholder wealth might be beneficial since it offers managers of a company a specific goal for increasing value.
Who is a shareholder ?Depending on how many shares they own, a shareholder is a corporate owner. Stakeholders, like shareholders, are interested in a company's performance even though they do not own any equity in it.
A shareholder is defined as a person who owns at least one share of a company's stock or mutual fund unit. The shareholders, who also have particular rights and obligations, are the company's primary owners. With this ownership arrangement, they can gain from a business's success.
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divya purchased a glass baking dish manufactured by anchor hocking glass. anchor hocking manufactures its glassware in ohio and distributes its products nationally. she purchased the dish at thrifty drug store in mesa, arizona. when divya removed the baking dish from her oven while making a casserole, the dish exploded and divya was injured. divya's attorney wants to bring a product liability lawsuit against anchor hocking in arizona. anchor hocking does not believe it can be forced to defend a lawsuit in arizona since it has no offices there. the arizona courts will be permitted to take in personam jurisdiction over anchor hocking glass for all of the following reasons except: a. anchor hocking glass distributes its products nationally. b. the evidence and plaintiff are in arizona. c. it is fair to require anchor hocking glass to defend a suit in arizona since its products are there.
The reason is Anchor Hocking had not a direct contact with Arizona's jurisdiction.
What is jurisdiction?
The legal word for the power given to a legal institution to administer justice is jurisdiction. Areas of jurisdiction are applicable at the municipal, state, and federal levels in federations like the United States.
The three primary categories of jurisdiction are subject matter, personal, and territorial. Regional, state, national, and international levels of jurisdiction are frequently used to categorize geopolitical levels of authority. Establishing jurisdiction helps to specify how and at what level of the courts a case will be tried.
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list 4 stages of development impacting the airline industry and briefly describe how each has impacted the future direction of the industry
The 4 stages of development that impacted the Airline Industry are:-
1. Regulation: Strict government control of fares, routes, and entry into markets Regulation resulted from tight ownership control of fares, limited competition on chosen routes, a small market served, a low frequency of city connections, high fares, government bailouts for air carriers, and incentives to increase airline profitability
2. Liberalization: reducing governmental control, increasing bilateral agreements, expanding into new markets, diversifying into new goods, and specialising in specialised markets.
3. Deregulation results in less airfare, improved service, and no government regulation of the market.
4. Re-regulation: Prevent predatory pricing by regulating prices; prohibiting strikes under the Railway Labor Act; updating the air traffic control system to reduce delays; and encouraging development, consolidation, and concentration.
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can you think of any reasons why the sec relies on private sector bodies to set accounting standards, rather than undertaking the task itself quizlet
SEC relies on private sector bodies to set accounting standards, rather than undertaking the task itself because of availability of professionals.
Private sector bodies hire various professionals for the completion of their tasks like company secretary, chartered accountants and certified financial advisor which helps to make decision better and in favor of the organisation.
The undertaking of the tasks are done by these professionals and they provide a legit solutions and investment. They are the most efficient part any organisation handle keeping in mind the accounting standards of the firm.
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using the presentation internet or any other available resources research and develop at least 10 to 15 questions to ask during the interview additionally research industry expectations for professional conduct should be
Best Questions to Ask the Interviewer:
How would you describe the duties of the position?
What are you seeking out in a candidate?
What are the largest demanding situations of this task?
How could you describe a regular day on this function?
what is the standard work week?
Is additional time predicted?
inform me approximately yourself.
what's your best power?
what's your greatest weak point?
Why daily we rent you?
What is something effective your boss could say approximately you?
What are your salary expectations?
Why are you leaving your contemporary function?
Are you able to tell me more about the duties of the position?
How should I provoke you inside the first three months?
I am formidable and pushed. I thrive on venture and continuously set dreams for myself, so I've something day-to-day to try daily. I am no longer comfy with settling, and I'm continually seeking out an opportunity every day to do better and acquire greatness. In my preceding function, I used to be promoted in three instances in less than a year. I might describe myself as a progressive, creative, adaptable everyday alternate, a quick learner, and someone who is prepared to go above and beyond what's required every day make certain my company usually stays one step ahead of its competition.
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an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities with the sec. eliminate sec involvement with sales of securities. reduce the accounting profession’s level of self-regulation. require periodic peer reviews of large cpa firms performed by the general accounting office.
An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.
What did the Sarbanes-Oxley Act of 2002 do?The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.
The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.
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say the stock closed at at expiration and the option was assigned. what would be your effective cost per share for your shares of xyz?
According to the stock closing at expiration and assigned option, the effective cost per share would be 50 of XYZ.
What do you mean by stock expiration?The exact date and time that derivatives contracts stop trading and associated obligations or rights become due or expire are known as the expiration time. The third Friday of the expiration month is often the last day to trade an option. The precise expiration time and date will be stated in derivative contracts. A stock, on the other hand, is a type of security that denotes the holder's ownership stake in the issuing company and is typically traded on stock markets. Therefore, this can be referred to as stock expiration.
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owner investments cause a(n) (increase/decrease) in equity and are entered directly in owner's (capital/withdrawals/revenue).
Owner investments cause an increase in equity and are entered directly in owner's capital.
What do owner investments lead to?When an owner invests in the business, this lead to equity increasing because equity refers to the investments that owners bring in.
These investments by owners are called capital so the Equity account that will increase as a result of owner investments is called the Capital account.
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sam is investing in a partnership with jerry. sam contributes equipment that originally cost $63,000, has a book value of $30,000, and a fair market value of $39,000. the entry that the partnership makes to record sam's initial contribution includes a
Sam is investing in a partnership with jerry. sam contributes equipment that originally cost $63,000, has a book value of $30,000, and a fair market value of $39,000. the entry that the partnership makes to record sam's initial contribution includes a debit to Equipment for $39,000.
A partnership is classified as a funding partnership if at least ninety percent of its assets are investments in stocks, bonds, alternatives, and similar intangible belongings, and as a minimum, ninety percent of its profits are derived from that form of asset. whilst a companion invests price range in a partnership, the transaction includes a debit to the coins account and a credit score to a separate capital account.
A capital account records the stability of the investments from and distributions to an accomplice. A partnership must document annual data and go back to file the earnings deductions gains, losses, and many others. from its operations, however, it does not pay earnings tax. alternatively, it passes through earnings or losses to its companions. this is because of the specific ownership interests of a partnership and a business enterprise shape.
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the covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of: select one: a. seizen. b. habendum. c. possession. d. further assurance.
The covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of seizen.
A covenant is a two-party promise, agreement, or contract. The two parties agree that certain activities will or will not be carried out as part of the covenant.
Covenants in finance typically refer to terms in a financial contract, such as a loan document or bond issue, that specify the maximum amount that the borrower can lend. In religion, covenants frequently convey the binding relationship between a deity and humanity.
Covenants are frequently expressed in terms of financial ratios that must be met, such as a maximum debt-to-asset ratio or other such ratios. Covenants can cover anything from minimum dividend payments to working capital levels that must be maintained to key employees remaining with the company.
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what is the maximum dollar amount of coverage for business personal property at a newly acquired premises under a businessowners policy?
$100,000.
The maximum amount of dollar coverage for business for personal property at a newly acquired premises under a businessowner's policy is $100,000.
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tuttle enterprises is considering a project that has the following cash flow and weighted average cost of capital (wacc) data. what is the project's net present value (npv)? note that if a project's projected npv is negative, it should be rejected. wacc: 11.00% year 0 1 2 3 4 cash flows −$1,000 $350 $350 $350 $350
Tuttle enterprises are considering a project that has the following cash flow and the weighted average cost of capital (WACC) data. The projected net present value is 074.36.
A project's net present value is the sum of the destiny values of the net coin flows compounded at the desired fee of going back minus the net funding. if safety gives a series of coin flows with an NPV of $50,000 and an investor will pay exactly $50,000 for it, then the investor's NPV is $0. It method they'll earn something the cut price charge is on the security.
Net present value or NPV is the sum of the prevailing value of coins inflows and outflows. In other phrases, it's far the distinction between the present values of cash inflows and the prevailing value of cash outflows over a while.net gift cost shows how a lot of money an assignment or investment will advantage or lose in terms of the present-day budget. future coins drift would not carefully mirror the current cash drift of an undertaking because of the impact of factors along with inflation and lost compound hobby so NPV adjusts for this reason.
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microeconomic theory and applications, 13th edition, edgar k. browning and mark a. zupan, john wiley
Microeconomics is the study of how individuals and groups interact and decide how to allocate resources. According to the supply and demand hypothesis in microeconomics, the market is believed to be ideal.
What is the importance of microeconomics theory?Microeconomics is significant from both a theoretical and applied perspective. It assists in creating economic plans that improve output efficiency and raise social welfare.
Microeconomics explains how a capitalist economy works, where each unit is allowed to make its own choices.
Thus, Microeconomics is the study of how individuals and groups interact and decide how to allocate resources.
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suppose, in an effort to prevent the population from declining, italy begins offering new mothers extended periods of paid family leave from work and, consequently, the birthrate per woman increases.
This could best be characterized as an ex of people responding to economic incentives.
The definition of incentive is something that makes a person need to do something or work tougher. An instance of incentive is extra cash supplied to the personnel who work greater hours on a project. Serving to set off or motivate. An incentive bonus for excessive productivity.
On the subject of employees, rewards and incentives inside the administrative center have advantages for both employees and employers. While recognizing personnel for their performance and productiveness may improve morale, task delight, and motivation to aid businesses in achieving their ambitions.
Advantages are an incredibly effective way of preventing human beings from leaving your agency. Incentives are connected to a worker's performance, so they work in the same way as a prize. The price of the incentive is generally connected to the consequences received.
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sinking fund provisions sometimes turn out to adversely affect bondholders, and this is most likely to occur if interest rates decline after the bond was issued
Sinking fund provisions sometimes turn out to adversely affect bondholders, and this is most likely to occur if interest rates decline after the bond was issued.
Many bond indentures contain a clause stating that the borrower must pay down a particular amount of the loan each year. If interest rates have dropped, the retirement might be implemented by calling the bonds from the investors or buying them on the market (if interest rates have increased). A bondholder may benefit from this orderly retirement since it increases liquidity, but it may also force them to surrender a high-yielding bonds at the call price, which is frequently par at a period of low interest rates. termed bond sinking fund as well. Compare the option of doubling. also known as a sinking fund funnel.
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total music consumption in hours of day listening to music has increased even sales of cds have drastically declined
Total music consumption in hours of day listening to music has increased even sales of CDs have drastically declined, is a True statement.
How does Music helps Human and is it good?Comparing music listeners to the general population, greater mental well-being ratings and somewhat lower levels of anxiety and depression were seen.
69% of survey participants who regularly attend musical events assessed their brain health as "great" or "very good," compared to 58% of participants who occasionally attended and 52% of participants who never did so.
Compared to 50% of those who were not exposed to music as children, 68% of those who said they were frequently exposed to music as children assessed their capacity to acquire new things as "great" or "very good."
Higher levels of enjoyment and strong cognitive function were linked to active musical engagement, especially in people over 50.
In addition to being enjoyable, some studies indicate that listening to music may improve your health. There are many other psychological advantages to music in addition to being a source of enjoyment and contentment. Music has the power to uplift the spirit, energize the body, and even help people better cope with pain.
It probably does not come as much of a surprise that music can affect your thoughts, feelings, and actions. You can easily understand how music can affect moods and even inspire action if you've ever felt energized while listening to your favorite fast-paced rock anthem or been moved to tears by a tender live performance.
Thus, music consumption is no less a therapy to stay positive.
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you can buy a property today for $4.0 million and sell it in 6 years for $5.0 million. (you earn no rental income on the property.) a. if the interest rate is 9%, what is the present value of the sales price? note: do not round intermediate calculations. enter your answer in millions rounded to 3 decimal places. b. is the property investment attractive to you? c-1. what is the present value of the future cash flows if you also could earn $300,000 per-year rent on the property? the rent is paid at the end of each year. note: do not round intermediate calculations. enter your answer in millions rounded to 3 decimal places. c-2. is the property investment attractive to you now?
a) If the interest rate is 9%, the present value of the sales proceeds is $2.981 million.
b) The property investment is not attractive because the present value of the sales proceeds is far less than the investment cost.
c-1) The present value of the future cash flows with an annual rent of $300,000 is $4,327,112.2.
c-2) The property investment is now attractive because the total present value of the future cash flows exceeds the investment cost by $327,112.20 (NPV).
Data and Calculations:Cost of a property today = $4.0 million
Sales proceeds in 6 years = $5.0 million
Annual rent = $300,000
Interest rate = 9%
Discounted factor for 9% in 6 years = 0.5962673
Present value of sales proceeds = $2,981,336.63 ($5 million x 0.5962673)
Present value annuity factor of 9% in 6 years = 4.4859186
Present value of annual rent = $1,345,775.58 ($300,000 x 4.4859186)
Total present value with annual rent = $4,327,112.21 ($2,981,336.63 + $1,345,775.58)
Calculations for a) Sales Proceeds:N (# of periods) = 6 years
I/Y (Interest per year) = 9%
PMT (Periodic Payment) = $0
FV (Future Value) = $5,000,000
Results:
PV = $2,981,336.63
Total Interest $2,018,663.37
Calculations for c) Sales Proceeds and Annual Rent:N (# of periods) = 6 years
I/Y (Interest per year) = 9%
PMT (Periodic Payment) = $300,000
FV (Future Value) = $5,000,000
Results:
PV = $4,327,112.21
Sum of all periodic payments = $1,800,000 ($300,000 x 6)
Total Interest $2,472,887.79
Thus, based on the above calculations, the property investment becomes attractive, based on the concept of present value, if annual rent of $300,000 is received.
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some current dimensions of applied behavior analysis, journal of applied behavior analysis, 1 91-97. (jaba)
Applying behavioral analysis is known as ABA. A science called behavior analysis aims to comprehend, forecast, and modify behavior.
The majority of specialists in the field of behavior analysis operate in the area of behavior intervention for autistic children, which uses a variety of strategies to modify the behavior of autistic children. Opportunistic conditioning and positive reinforcement (compliments and rewards) are used in ABA to "train" desirable behaviour.
Positive reinforcement may appear innocent, but autistic advocates and allies argue that it is a grooming strategy that may lead to internalized shame and trauma later in life if you reward children for acting in a way that is not natural to them.
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haley changes jobs on a regular basis. she does this to secure better career growth opportunities and to decrease boredom. haley engages in
Haley changes jobs on a regular basis. she does this to secure better career growth opportunities and to decrease boredom. Haley engages in job hopping.
The profession is an man or woman's metaphorical "journey" via studying, work and other components of life. There are a number of approaches to define profession and the time period is used in a selection of ways.
A career or profession, in particular one requiring unique training, observed as one's lifework: He sought a career as a legal professional. someone's progress or standard course of movement through existence or thru a phase of existence, as in some career or challenge: His profession as a soldier ended with the armistice.
A career is the variety of stories that you have undertaken in the course of your life. As you gain more experience in the worlds of labor and existence, you're building your career. Your profession path takes account of your education, education and paid or unpaid work.
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