In the body of a cover message, you should demonstrate your qualifications and show how they fit the targeted job.
The prerequisites a candidate must have in order to meet the criteria and succeed in a particular role are known as qualifications. In your business or profession, you normally acquire qualifications through experience, education, and training.
Qualifications are still crucial, even if your job goals don't include becoming a high-flying lawyer or a life-saving doctor. A qualification shows prospective employers that you have a certain level of expertise in a particular subject, even though it may only seem like a piece of paper.
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Answer:
b. $212,000
Explanation:
The cost concept entails the initial recognition of an asset at the historical cost or actual cost of purchase.
For Focus company, the amount to be recorded for the land purchased from Donner company using the cost concept is not the market value of the land at $220,000 nor the initial offered price of $177,000.
The cost of another piece of land on the same block sold for $232,000 is also not the amount but the actual cost paid for the property which is $212,000.
Hence the right option is b. $212,000.
Based on your revenue, cost of goods sold, and operating expenses, your investor with receive an ROI of 31.97%
<h3>What ROI will be received?</h3><h3 />
The ROI can be found by the formula:
= Share of profits / Investment
The profit is:
= 479,600 - 239,600 - 144,080
= $95,920
Your investors share is:
= $95,920 x 0.5
= $47,960
The ROI is:
= 47,960 / 150,000
= 31.97%
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Answer:
the amount of sales revenue recorded is $86,234
Explanation:
The computation of the amount of sales revenue recorded is shown below:
= Annual payments × PVAD of $1
= $19,500 × 1+(1 - (1.10)^-5) ÷ 0.10
= $86,234
Hence, the amount of sales revenue recorded is $86,234
We simply applied the above formula
Answer:
Cost
Explanation:
The principle states that an asset would be recorded in the balance sheet at the value of its purchase price irrespective of the time it had been held; the principle encourages reliability in prices.
An example is when a company purchased a piece of land in 2000 for $3,000. After 10 years later, the company is still in business and on its balance sheet the value is recorded as $3,000 even though the current fair market value of the land is far greater than $3,000. This is a case of historical cost principle.
