The type of cover letter written to inquire about possible job openings: b. Prospecting letter.
What is prospecting letter?Prospecting letter can be defined as the type of cover letter writing by a prospective applicant to a company or human resources manager so as to inquire about a job opening.
The applicant tend to include the the following in the cover letter:
QualificationSkillsExperience Why he/her is suitable for the job and what he/she can offerWhy the applicant should be invited for an interview Why he/her should be given the jobInconclusion the type of cover letter written to inquire about possible job openings: b. Prospecting letter.
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Answer:
b.
Prospecting letter
Explanation:
i took the test
The value of Terrah's personal residence has declined significantly because of a recent forest fire in the area where she lives. The fire was a Federally declared disaster. Terrah's house suffered no actual damage during the fire, but because much of the surrounding area was destroyed, the value of all of the homes in the area declined substantially.Can Terrah take a casualty loss for the decline in value of her residence caused by the fire?__ because the decline in value of her residence ___ meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss
Answer:
No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Explanation:
Terrah's house suffered no actual damage because of a recent forest fire in the area where she lives. Terrah cannot take a casualty loss for the decline in value of her residence caused by the fire as the decline in value of her residence dose not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Final answer:
No because the decline in value of her residence does not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
CollegePak Company produced and sold 86,000 backpacks during the year just ended at an average price of $46 per unit. Variable manufacturing costs were $20.00 per unit, and variable marketing costs were $6.68 per unit sold. Fixed costs amounted to $556,000 for manufacturing and $228,800 for marketing. There was no year-end work-in-process inventory. (Ignore income taxes.) Required:Compute CollegePak’s break-even point in sales dollars for the year. (Do not round intermediate calculations. Round your final answer up to the nearest whole dollar.)Compute the number of sales units required to earn a net income of $620,000 during the year. (Do not round intermediate calculations. Round your final answer up to nearest whole number.)CollegePak's variable manufacturing costs are expected to increase by 10 percent in the coming year. Compute the firm’s break-even point in sales dollars for the coming year. (Do not round intermediate calculations. Round your final answer up to the nearest wh
Answer:
Part 1
$1,868,571
Part 2
72,713 units
Part 3
$ 2,065,263
Explanation:
Break even point is the point where a firm makes neither a profit nor a loss.
Break even point (sales dollars) = Fixed Costs ÷ Contribution Margin Ratio
Where,
Contribution Margin Ratio = Contribution ÷ Sales
= (Sales - Variable Costs) ÷ Sales
= ($46.00 - $20.00 - $6.68) ÷ $46.00
= 0.42
Therefore,
Break even point (sales dollars) = ($556,000 + $228,800) ÷ 0.42
= $ 1,868,571.429
= $1,868,571
Units to achieve a target profit = Fixed Costs + Target Profit ÷ Contribution per unit
Where,
Contribution per unit = Sales per unit - Variable Costs per unit
= $46.00 - $20.00 - $6.68
= $19.32
Therefore,
Units to achieve a target profit = ($556,000 + $228,800 + $620,000) ÷ $19.32
= 72,712.21532
= 72,713
After 10% increase in variable manufacturing costs.
Variable manufacturing costs = ($20.00 × 1,10)
= $22
Contribution Margin Ratio will be = (Sales - Variable Costs) ÷ Sales
= ($46.00 - $22 - $6.68) ÷ $46.00
= 0.37652
= 0.38
Break even point (sales dollars) = ($556,000 + $228,800) ÷ 0.38
= $ 2,065,263.15
= $ 2,065,263
Explain two reasons why the team experienced the storming stage
Answer:
Every newly-formed team experiences the storming stage because of the usual conflicts that arise after the formation stage. Naturally, different personalities make up a team. When the personalities clash, conflict is experienced.
Another reason for the storming stage is the competition that new team members exert on the team, especially with regard to team leadership and bonding.
Explanation:
The storming stage is the second and most important stage of team development. It is marked by conflict and competition as individual personalities emerge. The stage makes or mars the team development process. After this stage, the team can then experience the three remaining stages of norming, performing, and adjourning.
Step One: Create a budget. You can use a spreadsheet, budget software, online budget tools, or a pencil and paper. Remember, to create a budget, you enter income and calculate the total, enter the expenses and calculate the total, and subtract the expenses from the income.
Step Two: It is now the next month, May. The Spencers have spent money and earned another month's worth of income. Update your budget with the following expenses in May. Keep the original expenses.
Expenses May
short-term savings $0
long-term savings $0
rent/insurance $700
car payment $350
utilities $140
tv/cable $100
cell phones $100
clothing $230
entertainment/recreation/eating out $260
credit card (balance=$1200) $50
miscellaneous expenses $130
Step Three: Answer the following: In what areas did the Spencers overspend? What changes would you make to their spending?
Step Four: You probably noticed that the Spencer family is not putting money in their savings account. This would be a good idea since their financial goal is to buy a house. Make adjustments to the budget so that they have money going into short-term savings.
Answer:
Budget: Income $2500/monthly $4.50 interest/each month
Explanation:
Budget : $1500/monthly
Spenser had overspent $720
The unnecessary expenses would be :
miscellaneous expenses $130
entertainment/recreation/eating out $260
tv/cable $100
clothing- $230
That will save $720 by removing those expenses. That can be split into short-term and long-term savings.
Only spending $1500 a month will ensure them to save $1,000 each month, and be able to save for a house and still occasionally be able to afford miscellaneous purchases.
Emil Corp. produces and sells wind-energy-driven engines. To finance its operations, Emil Corp. issued $15,000,000 of 20-year, 9% callable bonds on May 1, 20Y1, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year.
Answer and Explanation:
The Journal entry is shown below:-
1. Cash Dr, $15,000,000
To Bonds payable $15,000,000
(Being issue of bonds is recorded)
2. Interest expense on bonds Dr, $675,000
To cash $675,000 ($15,000,000 × 9% × 6 ÷ 12)
(Being payment of interest is recorded)
3. Bonds payable Dr, $15,000,000
To Gain on redemption of bonds $600,000
To Cash ($15,000,000 × 0.96) $14,400,000
(Being redemption on bonds is recorded)
On September 3, 2018, Able, a single individual, purchased § 1244 stock in Red Corporation from his friend Al for $60,000. On December 31, 2018, the stock was worth $85,000. On August 15, 2019, Able was notified that the stock was worthless. How should Able report this item on his 2019 tax return?
He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again
You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $ 2 comma 356 and you have made every payment on time. The original term of the mortgage was 30 years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 7.500 % (APR). How much do you owe on the mortgage today? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
$320,244.92
Explanation:
We must first determine the principal of the loan and we can do that by using the present value of an annuity formula:
PV = monthly payment x annuity factor
monthly payment = $2,356PV annuity factor, 360 periods, 0.625% = 143.01763PV = $2,356 x 143.01763 = $336,950
Once we have calculated the principal, we can prepare an amortization schedule. I used an excel spreadsheet to do it. Four years and 8 months is the same as 56 monthly payments. The principal's balance after the 56th payment is $320,244.92
Fiscal policy describes a government's actions related to:
O A. punishing crimes.
O B. declaring wars.
O C. taxing citizens.
OD. printing money.
When a government latkes any action or makes any law that comes under the policy and when a government takes action which is related to taxing the citizens, it is fiscal policy. Hence, Option C is correct.
What is government?Since ancient times, for the smooth working of the nation, there is a body which is consisted of a group of people who works for the betterment a development o the nation. The work or the duty of these people is to prepare policies, form rules, pass bills that will become acts, and many more. The name of the group of such kind of people is known as government.
Just like other people, they also work from a particular place which is known as the minister’s office. These people have sometimes direct authority to take any action while sometimes they have to take permission and that is given by the voting system. These are the institutions that are formally prepared and that process is known as election.
Thus, Option C is correct.
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Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisions. OB. Stable prices result in a wealthier country overall O c. Stable prices create a lower per capita gross domestic product. D. Stable prices ensure that all citizens have jobs.
Answer:
A
Explanation:
Having a stable prices gives way for country to plan for future plans without any issue of inflation
Answer:
A
Explanation:
Sharon is opening a new pizza restaurant that will use a combination of workers and ovens to produce pizzas. Sharon knows from experience that the total number of pizzas she can produce in an hour is given by the function q=4K0.5L0.5 , where q is the number of pizzas per hour, K is the number of ovens, and L is the number of workers. Suppose another pizza restaurant in the same town can produce 19 pizzas per hour. Being an extremely competitive person, Sharon wants to produce 20 pizzas per hour. Therefore, his total hourly cost function is given by ____
Answer:
Q+X = [4K^1/2L^1/2] + X
Explanation:
L = labour = workers
K = capital = ovens
You don't have the exact value of Q since the values of K and L are not given.
You should however note that Q is less than or equal to 19 pizzas/hour, since Sharon sought to stretch his capacity by producing up to 20 pizzas/hour owing to the presence of a competitor.
Assuming the distance/difference between 20 and Q is X (a positive number).
Sharon's new hourly cost function will be:
[tex]Q+X = [4K^1/2L^1/2] + X[/tex]
Q+X = 20 and the law of mathematics states that whatever you add to the left hand side must be added to the right hand side, hence the addition of X to both sides of the equation instead of the left hand side alone.
The function can now be rewritten as 20 = [4K^1/2L^1/2] + X
where X = 20 - Q
In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?
A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity
Answer:
D.) Uniformity
Explanation:
I just did it it was correct and this is just if you need a second opinion.
In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.
What is currency?When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.
For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.
Thus, Option D is correct.
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how might a business such as sports direct benefit from buying brand names from struggling firms? (economics question)
Answer:
most people usually buy brand name products because they think it is durable,Although it is durable its expensive. We can find other clothes that are just as good but cheaper. Therefore business can benefit because people would buy the product. So the business will get more income.
What does this word Otorhinolaryngologist mean?
Answer:
A medical specialty concerned especially with the ear, nose, and throat and related parts of the head and neck : otolaryngology All antihistamines have at least some drying effects, called anticholinergic properties.
Explanation:
The person in charge of product movement is the ?
Answer:
Distributor I believe
Answer:
Sales Manager :)
Explanation:
state ant Three activities that took place during the forming stage
Answer:
Each stage plays a vital part in building a high-functioning team. In 1965, a psychologist named Bruce Tuck-man said that teams go through 5 stages of development: forming, storming, norning, performing and adjourning.
Explanation:
Chris Fowler borrowed $93,290 on March 1, 2018. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1, 2028. To retire this debt, Chris plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2023, and for the next 4 years. The fund is expected to earn 7% per annum.How much must be contributed each year by Chris Fowler to provide a fund sufficient to retire the debt on March 1, 2025?
Answer:
$43,027
Explanation:
The computation of the amount to be contributed each year is shown below:-
Amount to be repaid on March 1, 2025 = Loan amount × (1 + Interest Semiannually )^Number of years
= $93,290 × (1 + 0.04)^20
= $93,290 × 2.191123143
= $204,409.878
Amount to be contributed = Required future value ÷ Cumulative FV factor at 7% for 5 periods of annuity due
= $204,409.878
÷ 4.75074
= $43,027
The Graves Corporation was incorporated in 2018 and incurred a net op-erating loss of $35,000. The company’s operating income in 2019 was $47,000. Because of a downturn in the local economy, the company suffers a net operating loss of $21,000 in 2020. What is the treatment of the 2020 loss? How would your answer change if Graves were an S corporation?
Answer:
The 2018 loss was carried forward and decreased the corporation's tax liability during 2019. The 2020 loss should also be carried forward to offset any future gains and reduce future tax liabilities. A company can carry forward a loss indefinitely, since it is allowed to deduct a maximum of 80% of a future year's net income.
If this was an S corporation, it would be pass through entity that is not taxed directly, instead, the owners are taxed. Therefore, this $21,000 loss will be distributed proportionally among all the stockholders, and they must deduct their taxes independently.
A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 million, while the forecast was 43 million. A smoothing constant of 0.20 is used. a) Using exponential smoothing and given alpha, the forecast for the month of July = nothing million checks received (round your response to one decimal place). b) If the check-processing center received 44 million checks in the month of July, then using exponential smoothing and given alpha, the forecast for the month of August = nothing million checks received (round your response to one decimal place). c) Exponential smoothing may not be an appropriate method to use for the check-processing center because: A. the check-processing center should observe an increasing trend in its processing requirements. B. the check-processing center should observe seasonality in its processing requirements. C. the
Answer:
Follows are the solution to this question:
Explanation:
In point A:
[tex]\text{Accelerating layering Forecast July= }[/tex][tex](\text{Actual demand of June} \times 0.20) + ( \text{Forecast demand of June} \times (1 - 0.20))[/tex]
[tex]= ( 38 \times 0.2) + ( 43 \times 0.8)\\\\= 7.6+ 34.4\\\\=42[/tex]
In point B:
[tex]\to Forecast \ \ August = (44 \times 0.2) + ( 43.2 \times 0.8)[/tex]
[tex]=8.8+34.56 \\\\=43.36[/tex]
In option C:
Its right choice is to track the seasonality of the processing requirements of the control centre.
The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent units for conversion costs for November in a particular department. There were 4,000 units in the ending work in process inventory on November 30 which were 60% complete with respect to conversion costs. The November 1 work in process inventory consisted of 5,000 units which were 40% complete with respect to conversion costs. A total of 22,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:
Answer:
21,000 units
Explanation:
Prepare a reconciliation of physical units
Inputs :
Beginning Work In Process Units 5,000
Units Started during the period (Balancing figure) 21,000
Total 26,000
Outputs :
Completed and transferred out units 22,000
Ending Work In Process Units 4,000
Total 26,000
Conclusion :
Thus, number units started during November in the department was: 21,000 units
Would pebbles at the beach make a good form of money explain why or why not.
Answer: there are some pebbles but some can be really rare find out why.
Explanation: They are pretty tiny, in order that they may be accustomed obtain most things. they're going to not rot or otherwise disappear. the matter is that pebbles square measure approach too common to use for cash. If anyone will blast off to a beach or different such place and acquire tons of a substance, it's not terribly helpful as cash.
Need Help ASAP
List three (3) examples of workplace documents?
Answer:
Messages, memorandums, minutes and agendas are usually workplace documents that are prepared for internal use. That is, these documents are only used and read by people inside your organisation
Explanation:
What could happen when requesting an interview if a job applicant hadn't prepared a 30-
Second Commercial?
Domestic producers of semiconductors send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of semiconductors. The lobbyist claims that producers in other countries receive subsidies to export semiconductors and that domestic suppliers can’t compete in the international marketplace.
Answer:
TRUE
Explanation:
The producers of ball bearings in the United States of America used the infant industry argument, which is an economic rationale for trade protectionism to argue their case before the Federal Government. They asked the US government to impose certain trade restrictions on the importations of ball bearings.
The lobbyist who represented the domestic producers rightly claimed that the ball-bearing industry in the country was still at the infancy stage and would not be able to compete with foreign companies.
They opined that when the restriction is made, the indigenous ball-bearing industry would grow and be able to compete in the global market .
After restarting a customers complaint the employee should A. Investigate the problem B. Take actin C. Listen to the customer D. Thank the customer for the complaint
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
Please help I will mark brainliest
What is the financial responsibility within the fashion industry ??!!??!?!?
HELPPPP
Fashion finance jobs focus on the business side of fashion, especially as it relates to product sales. In this role, you may help manage a relationship with buyer or vendor accounts. You also support the overall budget of your corporation by ensuring positive cash flow and help evaluate the financial value of each type of merchandise your company releases. Many details of this position depend on the company. For example, some fashion companies are global, so people in financial positions may have to coordinate information and activities across many parts of the world. This job is generally similar to financial positions in most other industries.
How do alternatives relate to thoughtful decisions
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Answer:
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Type the correct answer in the box. Spell the word correctly. Which trait is described in the given sentence? is acting consistently according to one's values and principles.
Answer:
integrity
Explanation:
Answer:
integrity
Explanation:
Community colleges and vocational schools offer programs in maintenance and repair.
A
True
B.
False