Answer:
$72.206 million
Explanation:
To get Chester Corporation's total assets, recall that;
Total liabilities = Total assets - (Retained earning + Total common stock)
Given that;
Total assets = ?
Retained earning = $18.275 million
Total liabilities = $51.391 million
Total common stock = $2.540 million
Total liabilities = Total assets - (Retained earning + Total common stock)
$51.391 = Total assets - ($18.275 + $2.540)
$51.391 = Total assets - $20.815
Total assets = $51.391 + $20.815
Total assets = $72.206
Therefore, Chester Corporation's total asset is $72.206 million.
Answer:
The correct answer is D
Explanation:
Under the periodic inventory system, the companies evaluate the COGS (Cost of goods sold) at the end of the accounting year or the fiscal period. And the details of the goods on hand which are not available, in this system.
And under the perpetual inventory system, this offer better control over the inventories rather than the periodic inventory system. And this system requires the COGS (Cost of goods sold) to be acknowledged at the time of sale and it contain the more accurate value of goods on hand.
Therefore, the statement which is correct is that the perpetual inventory system, offer better control over inventories.
Since no choices are presented, I'll just list down the parts of a cover letter.
A cover letter is a one page document that is attached to a resume. It has 5 parts.
1) The Salutation : Dear Hiring Manager,
2) The Grab - Opening Paragraph - introduction about yourself and your immediate qualification on the position you are applying
3) The Hook - Second Paragraph - examples of work performed and its results
4) Paragraph of Knowledge - Third Paragraph - knowledge you have about the company and its needs in connection with your application.
5) The Close - Fourth Paragraph - quick summary of what you are offering and how they can contact you.
Answer:
Explanation:
Given: The company's market share had changed from 40 to 21 percentage points.
To find: percent change in market share
Solution:
Change in percentage of company's market share 
Percent change in market share = (Change in percentage of company's market share ÷ 40) × 100
The right to trade in investment over a certain period of time is called C. Option.
