Answer:
False
Explanation:
An interview is a formal meeting between the employer and the job applicant. An interview is a critical part of the hiring process. The interview assists the employer to assess the suitability of a job applicant to a particular role.
The Human resources department usually facilitates the interview meeting. It originated when the HR department formally announces a vacant position. Interested job applicants submit their application expressing willingness and ability to perform the specified tasks. The interview meeting mostly happens on the employer's premises. It an arranged meeting and has cost effects on the employers.
Requiring a signed contract prior to acquisition of assets is an example of a high-level business policy
<u>Explanation:
</u>
An asset purchase agreement (APA) is an understanding between a purchaser and a dealer that finishes terms and conditions identified with the buy and closeout of an organization's advantages.
It's essential to note in an APA exchange, it isn't fundamental for the purchaser to buy the entirety of the advantages of the organization. Truth be told, it's basic for a purchaser to bar certain benefits in an APA.
Arrangements of an APA may incorporate installment of price tag, regularly scheduled payments, liens and encumbrances on the benefits, condition point of reference for the end, and so on.
An APA contrasts from a stock buy understanding (SPA) where organization shares, title to resources, and title to liabilities are likewise sold. In an APA, the purchaser must choose explicit resources and keep away from repetitive resources.
These benefits are organized in a timetable to the APA. The purchaser in a SPA is acquiring portions of the organization. For this situation, order isn't essential because of move of organization's possession happens in its present condition. The APA is the lawful system for executing a corporate merger or obtaining.
The oil and gas industry doesn't recognize a benefit and stock buy in naming its related buy understanding. In this industry, in the case of buying resources or stock, the conclusive understanding is alluded to as the Purchase and Sale Agreement (PSA).
Answer:
Present value (PV) =$30,000
Number of years (n) = 3 years
Interest rate (r) = 10% = 0.10
Annual payment (A) = ?
PV = A<u>(1 - (1 + r)-n</u>)
r
$30,000 = A<u>(1 - (1 + 0.10)-3)</u>
0.10
$30,000 = A<u>(1 - (1.10)-3)
</u>
0.10
$30,000 = A(2.486851991)
A = <u>$30,000
</u>
2.486851991
A = $12,063
The amount of annual payment that the company must make is $12,063.
Explanation:
In this case, we will apply the formula for present value of an ordinary annuity. The present value, interest rate and number of years have been given with the exception of the annual payment. Thus, the annuity payment is made the subject of the formula.
Answer:
The explanation is given in the file attached
Explanation:
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Answer:
The amount recorded in the Land account is $61,200
Explanation:
The cost of acquisition/purchase of a landed asset includes all the normal, reasonable and necessary costs incurred in obtaining the land and getting it ready for use. These cost includes the price of the land, the legal fees, title fees, taxes, excavation costs etc. On the other hand, cost of improvements on the land are recorded on improvement on asset accounts, where depreciation is put in consideration when computing cost. This is separate from acquisition cost because, there is no depreciation on a land. The cost is calculated as follows:
purchase price = $ 45,000
broker's fees = $ 8,000
accrued taxes = $ 2,000
demolition = $ 2,700
grading = $ 1,500
excavation = $ 2,000
Total = $ 61,200