When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.

Company XYZ is looking for a Finance/Accounting intern. The student filling this position will handle a wide range of important

Inga [223]

Answer:

[Today’s Date]

[Hiring Manager]

[356 Company Address]

[City, State xxxxx]

Dear [Mr./Mrs./Ms.] [Name],

Endless supply of your posting for a Finance Intern, I was anxious to present my resume for your survey. With my strong comprehension of money related arranging and examination picked up all through my instructive foundation—just as my complete capacities when all is said in done business organization and group joint effort—I feel sure that I would fundamentally profit your organization in a temporary position job.

In getting ready to get my MBA Degree in Finance this spring from the University of XYZ I have gained an expansiveness of information and aptitudes in subjects including money related administration, speculation systems, statistical surveying and examination, business morals, bookkeeping, and operational oversight. My tender loving care and phenomenal relational aptitudes, alongside my synergistic and expert mien, position me prepared to make a considerable commitment to your association.

My capabilities for this job incorporate the accompanying:

Getting ready to exceed expectations in pivoting between cross-utilitarian money related divisions and groups to increase basic introduction to all features of the fund area while at the same time conveying key research and venture backing to drive achievement.
Exceeding expectations as a gainful cooperative person, imparting thoughts and data and conveying eloquent and brief introductions and reports.
Showing capability in money related research and inside and out information examination, alongside the most elevated levels of association, self-activity, and group coordinated effort.
Acquiring various authority and educational honors because of extraordinary execution; graduating in top 10% of class.
Accomplishing capability in Microsoft Word, Excel, PowerPoint, and Outlook, just as QuickBook's and SAP.
Exceeding expectations as a beneficial cooperative person while additionally utilizing self-inspiration abilities to flourish in autonomous workplaces.

With my ongoing scholastic involvement with account, combined with my energy and commitment to making progress, I trust I will quickly outperform your desires for this job. I anticipate examining the situation in further detail.

Much obliged to you for your thought.

Truly,

XYZ

3 0

3 years ago

Below are transactions for Wolverine Company during 2021.

zimovet [89]

Answer:

a.Unearned revenue $1,550

Service revenue $1,550

b. Dr Insurance expense $6,060

Cr Prepaid insurance $6,060

c. Dr Salaries expense $2,100

Cr Salaries payable $2,100

d. Dr Interest expense $175

Cr Interest payable $175

e. Dr Supplies expense $3,000

Cr Supplies $3,000

Explanation:

Preparation to Record the necessary adjusting entries at December 31, 2018, for Wolverine Company.

a.Unearned revenue $1,550

Service revenue $1,550

($3,100/2)

(Being to record rent revenue)

b. Dr Insurance expense $6,060

Cr Prepaid insurance $6,060

($12,120*6/12)

(Being to record insurance expense l

c. Dr Salaries expense $2,100

Cr Salaries payable $2,100

(Being to record salaried expense)

d. Dr Interest expense $175

($10,500*10%*2/12)

Cr Interest payable $175

(Being to record Interest expense)

e. Dr Supplies expense $3,000

Cr Supplies $3,000

($910+$2,500-$410)

(Being to record Supplies expense)

8 0

3 years ago

Botosan Factory has budgeted factory overhead for the year at $453,120, and budgeted direct labor hours for the year are 384,000

Sloan [31]

Answer: $412,292

Explanation:

First compute Overhead Absorption Rate = Budgeted Overhead divided by Budgeted Activity Level

In this question the activity level is Direct Labour Hours (DLH) which is the basis for allocating overhead.

budgeted factory overhead for the year at $453,120, and budgeted direct labor hours for the year are 384,000.

$453,120 divided by 384,000 DLH =$1.18

Overheard to be allocated for May is OAR * Actual Activity level

$1.18*349400= $412,292

This is the amount to be allocated to may

7 0

3 years ago

Read 2 more answers

Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?

ziro4ka [17]

Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall

This is further explained below.

<h3>What is inflation?</h3>

Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.

To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.

In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.