<h2>The given statement is partially true.</h2>
Explanation:
A traditional cover letter consists of introduction, paragraph and it includes header, argument and closing.
Header:
- Your name, address, phone number and date
- The person addressed, contact details
Introduction:
- Salutation
- Introducing the communication
- writing about goals
Argument:
- Convincing and reinforcing the point
- Quote the importance
- Provide facts (if any)
Closure:
- Inform about the follow ups
- Re-insist the important factor
- Sign off with the signature
If Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
<h3>What is the float amount?</h3>
The float amount is the amount that a customer's account reads in the bank at a particular point in time.
The float amount is usually briefly counted twice due to time gaps in registering a deposit and processing the paper checks.
Thus, if Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
Learn more about the float amount in the bank at brainly.com/question/24161262
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Answer:
C. $400,000
Explanation:
The computation of the gross profit is shown below:
Gross profit = Net Sales - costs of goods sold
= $500,000 - $100,000
= $400,000
For determining the gross profit, we deduct the costs of goods sold from the net sales, so that the true value can come. It is shown in the income statement
All other information which is given is not relevant. Hence, ignored it
