According to the book, what is the biggest mistake on resumes?
a. writing more than a page
b. using pronouns
c. leaving out how well the writer did things
d. none of the above
c
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Answer the following statements true (T) or false (F)
With pooling of interests, total stockholders’ equity of the combined enterprise would be equal to the sum of the separate companies’ equities immediately prior to the combination.
Maintaining or increasing market share
A. can be achieved even if industry sales are flat or decreasing. B. is an infrequently used pricing objective in most industries. C. depends on the overall growth of the total industry. D. is a profit-related objective based on price. E. is directly tied to leading an industry in product quality.
Loren signs a note that states, "Payable in thirty days.". The note is dated March 2. Micah buys the note on April 3. Is Micah an HDC of the note? Explain
Allyn Company purchased equipment costing $55,000 on January 1, Year 1. The equipment is estimated to have a salvage value of $5,000 and an estimated useful life of 5 years. Straight-line depreciation is used, and all depreciation has been recorded as of December 31, Year 4. If the equipment is sold on December 31, Year 4 for $20,000, the journal entry to record the sale is:
A. Debit Cash, $20,000; Debit Loss on Sale, $35,000; Credit Equipment, $55,000. B. Debit Cash, $20,000; Debit Accumulated Depreciation, $35,000; Credit Equipment, $55,000. C. Debit Cash, $20,000; Credit Equipment, $15,000, Credit Gain on Sale, $5,000. D. Debit Cash, $20,000; Debit Accumulated Depreciation, $40,000; Credit Equipment, $55,000, Credit Gain on Sale, $5,000. E. Debit Cash, $20,000; Debit Depreciation Expense, $40,000; Credit Equipment, $55,000, Credit Gain on Sale, $5,000.