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3 years ago

Read this selection from the opening of an application message, and then answer the corresponding question.

Business

1 answer:

DiKsa [7]3 years ago

4 0

Answer:

Be more specific with your skill-set for the job.

Explanation:

Most of the people like to describe briefly their skills, but they do it with no details. I mean, to get attention from the owner of the company, or the manager, you need to say, since the beginning, why are you the right person for the job, because everybody says they are good for it.

In addition to it, you should explain your experience for the job and your achievements as a professional in the field.

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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2021. Edison purchased the equipmen

Charra [1.4K]

Answer:

Schedule:

$\left[\begin{array}{cccccc}$Period&$Beginning&$Installment&$Interest&$Amortization&$Ending\\1&113515&15700&0&15700&97815\\2&97815&15700&2934&12766&85049\\3&85049&15700&2551&13149&71900\\4&71900&15700&2157&13543&58357\\5&58357&15700&1752&13948&44409\\6&44409&15700&1333&14367&30042\\7&30042&15700&902&14798&15244\\8&15244&15700&456&15244&0\\\end{array}\right]$

Journal entries:

equipment 113,515 debit

lease liablity 97,815 credit

cash 15,700 credit

--to record lease agrement and first payment.

interest expense 2,934 debit

lease liability 2,934 credit

--to record interest for the year 2021--

lease liablity 15,700 debit

cash 15,700 credit

--to record Jan 1st,2022 Payment--

Explanation:

As the payment are at the beginning there is no interest in the first period.

We record the expense for the year at Dec 31th Increasing the liability. When paying we increase decrease the liability and cash.

3 0

3 years ago

Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January,

Yakvenalex [24]

Answer:

Required a.

January income statement for Sorensen Manufacturing Company

Sales $1,200,000

Less Cost of Sales ($675,000)

Gross Profit $525,000

Less Expenses :

Selling expense ($215,000)

Administrative expense ($125,000)

Net Income / (Loss) $185,000

Required b.

Work In Process Inventory = $120,000

Finished Goods Inventory = $85,000

Explanation:

Manufacturing Cost Schedule (Determination of Work In Process Inventory)

Direct Materials $180,000

Indirect Materials ($250,000 - $180,000) $70,000

Direct Labor $450,000

Factory Overheads $180,000

Total Cost of Goods Manufactured $880,000

Less Transferred to finished goods ($760,000)

Closing Work In Process Inventory $120,000

Finished Goods T- Account (Determination of Finished Goods Inventory)

Debit :

Transferred from Work In Process $760,000

Totals $760,000

Credit:

Trading Account $675,000

Ending Finished Goods Inventory $85,000

Totals $760,000

7 0

4 years ago

All of the following are qualities of certification programs except:

Rufina [12.5K]

Answer:

Explanation:

nor sure but I think this is the right one

6 0

3 years ago

Fuller Company makes frames. A customer wants to place a special order for 600 frames in green with the company logo painted on

joja [24]

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.

Explanation:

Answer:

The qualitative factor which Fuller will consider for this order is:

b. Cost of setup labor.

B. Cost of setup Labor: It includes salaries that are been paid to all workers working as full time and part time

While the number of wages and the number of employees wage requirements vary by cost controls, their industries and the center on achievment of their best results with possible lower labour costs.

As any leader of the company knows the things related to it that, the most important and biggest cost of doing any sort of business is often labor. Cost of labor setup, which may account for as 70% of almost total business costs which include wages of the employees,their benefits, payroll and all other taxes related to them.

Any HR professionals spend only their 15% of time managing the labor costs. Engaging new employees, hiring new and efficient workers and developing them over their course of their career are always top of mind for HR professionals.

So, the most important point here is the cost labors setup.

8 0

3 years ago

in general, people from different cultural backgrounds tend to self-disclosure very differently. true/false

Vitek1552 [10]

The answer is TRUE, self disclosure occurs over time with people from different backgrounds

5 0

3 years ago