Answer:
Capital Loss
Explanation:
A capital loss occurs when an investment asset decrease in value between the time of purchase and the time for selling. The loss is realized only when the asset is sold. Examples of investment assets that can lose value include stocks, mutual funds, index funds, real estate, and bonds.
A capital gain or loss is the purchase price minus selling price of an investment asset. Capital gain is when the result is positive, implying that the asset has appreciated in value. A capital gain always attracts tax. David experienced a capital loss of $3000 as the selling price was lower than the buying price ($ 4000-$1000).
The first step in the design process is to find out as much as you can about the organization.
It is not possible to design something for a company if you do not know what will work for the company and what will not.
This is why the first step in the design process is to find out as much as you can about the company in question which in this case is Harrison and Associates.
Some questions you can ask Harrison and Associates include:
- their goals and visions
- the sophistication of the computers they have and what it can take
- the software their computers are capable of running
- the type of security system and safeguards they will need
These will help you determine what kind of systems they need so that you can go about finding ways to satisfy these needs.
In conclusion, the first step of the design process is very important because that is where you find out exactly what the client wants so that you can do what you can.
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A sales representative is a person who works for a particular brand or company and helps in selling the products or services of a company while at the same time representing the brand. The sales representative basically works by contacting the customer until the time the product is sold or the customer had made use of the service.
There are certain skills required by the sales representative like-
- Communication skills- good communication skills are required by every sales representative, as it enable a person to represent his and his company’s views more efficiently.
- Negotiation skills – these skills also ensure that you can make good relations with other big companies that widen your brand network.
- Public skills – these will help you in better public speaking whenever you have to give presentations on a brand’s goals or views.
- Organizational skills- as the workload is more you will need to organize yourself so you can complete your tasks on time.
- Therefore, out of the four candidates, the person who has all these important skills will get selected in the interview for sure and moreover, and will surely impress his employer with these certain skills.
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Answer:
The cost of goods sold (income statement) should include 1 unit purchased on April 5 at $10.
The merchandise inventory account (balance sheet) should include the 4 units purchased later including their purchase date and specific cost:
- 1 unit purchased on April 10 at $12
- 1 unit purchased on April 15 at $14
- 1 unit purchased on April 20 at $16
- 1 unit purchased on April 20 at $17