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:
company gained a gross profit of $2 million
Explanation:
Data provided in the question;
Contract price to build an office = $32 million
Construction costs incurred during the first year = $9 million
Estimated costs to complete at the end of the year = $21 million
Therefore,
Total cost incurred to complete the construction of the office at the end of the first year
= Construction costs incurred during the first year + Estimated costs to complete at the end of the year
= $9 million + $21 million
= $30 million
Thus,
The revenue generated by the company = Contract price - cost incurred
= $32 million - $30 million
= $2 million
since the revenue is positive, hence the company gained a gross profit of $2 million
Answer: 60%
Explanation:
Find the ending work in process.
Materials are complete at inception so the Equivalent units of Materials represent the total units.
Ending WIP will therefore be:
= Materials EUP - Units started and completed
= 5,000 - 3,500
= 1,500 units
Stage of completion is based on Conversion.
Conversion EUP = Total started and completed + (x% * Closing WIP)
4,400 = 3,500 + (x% * 1,500)
4,400 = 3,500 + 15x
15x = 4,400 - 3,500
15x = 900
x = 900/15
x = 60%
<em>Conversion is 60% complete so this is the stage of completion. </em>
Answer:
The basic EPS for Junkyard Arts, Inc. is $5.2 per share.
Explanation:
The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,
Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding
The preferred stock dividend for the period was = 8 * 2500 = 20000
Basic EPS = (290400 - 20000) / 52000
Basic EPS = $5.2
Answer:
The firm's unleveraged beta is 1.0251
Explanation:
Hamada's equation is used to separate the financial risk of a levered firm from its business risk.
The Hamada equation:
Bu= Bl/(1 + (1 − T)(D/E))
Bl = 1.4
wd = 0.36
Tax rate = 35%
D/E = wd / (1 – wd) = 0.5625 = 56.25%
= 1.4/ (1+(1-0.35)(0.5625))
=1.4/ 1 + (0.65)(0.5625)
=1.4/1.36
= 1.0251
