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creativ13 [48]
2 years ago
9

Demetrius just earned a degree in homeland security and emergency management from ashford university and wants to apply for a po

sition with the u.s. department of homeland security. which type of résumé format is best for demetrius?
Business
1 answer:
user100 [1]2 years ago
5 0

<span>He must use the chronological resume. This is the format recruiters and employers like most. It is especially good for job seekers who wish to stay in the same line of work and at the same level of employment. It starts by listing your work history, with the most recent positions listed first. It is considered one of the most common resume structures. Employers typically prefer this type of resume because it's easy to see what jobs you have held and when you have worked at them.</span>

<span>In this kind of resume your jobs are listed in reverse chronological order with your present, or most recent job, first. It often includes a resume objective or career summary before a list of previous work experience. Education, certifications, and special skills are also contained within this type of resume. These are listed after your work experience.</span>

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Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2020, Lindsey Hunter took p
Law Incorporation [45]

Answer:

Lindsey Hunter Corporation:

a) Journal entry to record item 1:

Debit Cash Account with $225,000

Credit Common Stock with 25,000

Credit APIC Account with $200,000

To record the issue of 5,000 shares of $5 par value at $45 per share

b) Journal entry to record item 2:

Debit Land Account with $50,000

Credit Common Stock with $5,000

Credit APIC Account with $45,000

To record the issue of 1,000 shares $5 par value at $50 per share.

c) Journal entry to record item 3:

Debit Treasury Stock with $21,500

Credit Cash with $21,500

To record the purchase of 500 treasury shares at $43 per share, using the cost method.

Explanation:

a) The costs related to the issuance of the stock totaling $7,000 had been deducted before arriving at $45 issue price.  These costs include attorney, accountants, and underwriting fees.  Companies have two options to treat these costs.  One is to treat them as organization costs and expense them accordingly or apply the costs to reduce the paid-in capital.  The later is the method elected by Lindsey Hunter and it is alright.

b) Company stock can be issued for cash or other assets, as in question 2.  The treatment is similar.  This time, Land is increased instead of cash.  The most important issue is the price at which the land is appraised and not the market value of the stock.  The difference between par value and issue value is credited or debited to the APIC account.

c) The APIC account represents "Additional Paid-in Capital" also described as Share Premium Account.  It is the excess of the issue value over the par value.

d) Treasury stock is company stock that was formerly outstanding and now bought back from stockholders.  It is a reduction of the Equity.  It is created as a contra account.  There are two methods of treating treasury stock.

One method accounts for treasury stock at cost while the second method accounts for it at par.  The difference is that when it is accounted for at cost, the repurchase value is debited to the Treasury account while the credit entry goes to the Cash account.

On the other hand, when it is accounted for at par, the par value is debited to the Treasury account while the difference between par and repurchase value is debited or credited to the APIC account.  The credit entry goes to the Cash account, as always.

8 0
3 years ago
Read 2 more answers
3. The media consumer who gets news and information in a crossover fashion, from a variety of sources is known as a(n) _________
Rus_ich [418]

Answer:

Hybrid

Explanation:

6 0
3 years ago
Services can not be stored, warehoused, or inventoried. Because of this, many hotels and airlines offer deep discounts on rooms
vagabundo [1.1K]

Answer: This scenario demonstrates the PERISHABILITY quality of services.

Explanation: A Service Organisation can be defined as an organisation that practice the provision of such a service as economic activity.

Some of the qualities of Services include; variability; perishability; heterogeneity etc.

The perishability quality of service refers to the fact that services cannot be stored, warehoused, or inventoried and, therefore, are perishable.

4 0
3 years ago
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Flexible exchange rate systems are calculated according to
Stella [2.4K]
Flexible exchange rate systems are calculated according to supply and demand. Every currency decides the type of exchange rate arrangement to uphold.
6 0
3 years ago
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McConnell Corporation has bonds on the market with 15.5 years to maturity, a YTM of 6.2 percent, a par value of $1,000, and a cu
VLD [36.1K]

Answer:

Coupon rate is 6.4%

Explanation:

The coupon payment on a bond can be computed from a formula of current price of a bond

current price of a bond=coupon amount/yield to maturity

coupon amount=current price *yield to maturity

current price is $1039

yield to maturity is 6.2%

coupon rate =$1039*6.2%

                    =$64.42

Coupon rate=coupon amount/par value of bond

coupon amount $64.42

par value of bond=$1000

coupon rate =$64.42/$1000

                     =6.4%

7 0
3 years ago
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