The items that describe a free market economy are :
- Freedom for consumers and producers
- Distribution by price
- Motivated by self-interest
Hope this helps
Answer:
[Today’s Date]
[Hiring Manager]
[356 Company Address]
[City, State xxxxx]
Dear [Mr./Mrs./Ms.] [Name],
Endless supply of your posting for a Finance Intern, I was anxious to present my resume for your survey. With my strong comprehension of money related arranging and examination picked up all through my instructive foundation—just as my complete capacities when all is said in done business organization and group joint effort—I feel sure that I would fundamentally profit your organization in a temporary position job.
In getting ready to get my MBA Degree in Finance this spring from the University of XYZ I have gained an expansiveness of information and aptitudes in subjects including money related administration, speculation systems, statistical surveying and examination, business morals, bookkeeping, and operational oversight. My tender loving care and phenomenal relational aptitudes, alongside my synergistic and expert mien, position me prepared to make a considerable commitment to your association.
My capabilities for this job incorporate the accompanying:
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Getting ready to exceed expectations in pivoting between cross-utilitarian money related divisions and groups to increase basic introduction to all features of the fund area while at the same time conveying key research and venture backing to drive achievement.
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Exceeding expectations as a gainful cooperative person, imparting thoughts and data and conveying eloquent and brief introductions and reports.
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Showing capability in money related research and inside and out information examination, alongside the most elevated levels of association, self-activity, and group coordinated effort.
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Acquiring various authority and educational honors because of extraordinary execution; graduating in top 10% of class.
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Accomplishing capability in Microsoft Word, Excel, PowerPoint, and Outlook, just as QuickBook's and SAP.
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Exceeding expectations as a beneficial cooperative person while additionally utilizing self-inspiration abilities to flourish in autonomous workplaces.
With my ongoing scholastic involvement with account, combined with my energy and commitment to making progress, I trust I will quickly outperform your desires for this job. I anticipate examining the situation in further detail.
Much obliged to you for your thought.
Truly,
XYZ
Answer:
$1,700
Explanation:
Although the minimum equity to open a long margin account is $2,000. However, this does not apply if the securities in the account are paid fully.
It will amount to potential loss if a customer is asked to deposit more than 100% when buying. Since the customer wants to buy 1,700 of stock, it means that 100% or $1,700 (100 shares × $17) must be deposited.
Answer:
Explanation:
The journal entries are shown below:
On January 31
Allowance for doubtful accounts A/c Dr $800
To Account receivable A/c $800
(Being the written off amount is recorded)
On January 31
Account receivable A/c Dr $300
To Allowance for doubtful accounts A/c $300
(Being the reverse entry is made)
On March 9
Cash A/c Dr $300
To Accounts receivable A/c $300
(Being the amount is collected)
