There are numerous criteria that need to be considered in selecting an entity. Critically discuss those criteria that an entrepreneur takes into consideration when deciding on a choice of an entity as a business venture.
Answers
When selecting an entity for a business venture, entrepreneurs consider various criteria to make an informed decision. These criteria include legal and tax considerations, liability protection, ownership structure, funding options, flexibility, administrative requirements, and future growth potential. Evaluating these factors helps entrepreneurs choose the most suitable entity that aligns with their business goals and provides the necessary legal and operational framework for their venture.
When deciding on the choice of an entity for a business venture, entrepreneurs carefully consider several criteria. Legal and tax considerations are crucial factors, as different entity types have varying tax obligations and legal requirements. Entrepreneurs assess the potential tax advantages or disadvantages, compliance obligations, and the overall legal framework associated with each entity option.
Liability protection is another important criterion. Entrepreneurs evaluate the extent to which an entity provides personal liability protection. Limited liability entities such as corporations and limited liability companies (LLCs) shield personal assets from business debts and legal claims, offering enhanced protection.
Ownership structure and funding options also play a significant role. Entrepreneurs consider the entity's ability to attract investors, issue shares or equity stakes, and raise capital for growth and expansion. The flexibility of the entity is assessed in terms of governance structure, decision-making processes, and the ease of adding or removing owners or partners.
Administrative requirements are considered as well. Entrepreneurs assess the level of complexity and administrative burden associated with each entity type, including reporting obligations, record-keeping, and ongoing compliance requirements.
Entrepreneurs evaluate the entity's potential for future growth and scalability. They consider the long-term viability and adaptability of the entity to accommodate changes in the business landscape, expansion into new markets, and the ability to attract and retain talent.
By carefully evaluating these criteria, entrepreneurs can make an informed decision on the choice of entity that best suits their business goals, aligns with their operational needs, and provides the necessary legal and structural framework for their venture.
learn more about business here:brainly.com/question/15826604
#SPJ11
Related Questions
Suppose+a+firm+with+the+25%+tax+rate+needs+to+pay+$1+in+dividends+to+its+shareholders.+what+is+the+pretax+income+it+should+have+to+pay+this+dividend?+$1.33+$1.00
Answers
The pretax income the firm should have to pay a $1 dividend with a 25% tax rate is $1.33.
To provide further information, the calculation is as follows:
Let X represent the pretax income required to pay a $1 dividend. Since the tax rate is 25%, the after-tax dividend amount is equal to (1 - tax rate) multiplied by $1, which is (1 - 0.25) * $1 = $0.75.
To find the pretax income, we need to solve the equation: (1 - tax rate) * X = $0.75
Substituting the tax rate of 25% into the equation, we have: 0.75 * X = $0.75
Dividing both sides by 0.75 gives us: X = $1
Therefore, the pretax income required to pay a $1 dividend, considering the 25% tax rate, is $1.
Learn more about pretax income here:
https://brainly.com/question/32197477
#SPJ11
which assumptions of the eoq model are at the heart of the saw-toothed inventory pattern? multiple select question.
Answers
The assumptions of the EOQ model are at the heart of the saw-toothed inventory pattern are a. reliable lead time and c. constant demand rate
The lead time, or the interval between placing an order and getting it, is a key premise of the EOQ model. The lead time is therefore known for sure and consistent throughout the ordering procedure. In actuality, lead times might change as a result of a number of variables, including manufacturing time, supplier performance, and transportation delays. The arrangement of inventory and the saw-toothed pattern may be disrupted if the lead time is unreliable.
The EOQ model makes the assumption that product's demand rate will be constant over time and will be known with confidence. This indicates that throughout the duration of inventory management, the demand for the product does not change and stays stable. In truth, client tastes, shifting market circumstances, and other variables can affect product demand. The saw-toothed inventory pattern and the optimal order quantity determined by the EOQ model can both be impacted by a variable demand rate.
Complete Question:
Which assumptions of the EOQ model are at the heart of the saw-toothed inventory pattern?
Check all that apply:
a. reliable lead time
b. holding cost per unit of time
c. constant demand rate
d. fixed order cost
Read more about EOQ model on:
https://brainly.com/question/14215453
#SPJ4
Why is making money important to having a successful life? What is the value of money to your future?
Answers
Answer:
It's important to have a job and make money so that you can be an independent person, buy a house, have access to food, etc. In my personal opinion though, you can have a successful life without making lots of money. Money is nice because it gives you something to fall back on, and it might feel validating at times.. but it is not what determines a successful life.
Explanation:
Hope this helps!
At a school, 294 students are going on a field trip. They are put into groups of 14 students each.
How many groups of students are there?
Answers
Answer:
21 groups.
To find the number of groups of 14 students, take the total number of students and divide it by the number of students in one group.
294 ÷ 14 = 21
At a school, 294 students are going on a field trip. They are put into groups of 14 students each. There are 21 groups of students. That is, 294÷14= 21
What are students?Students are those people that are enrolled in a school or other educational institution. In the United Kingdom and most commonwealth countries, a student attends a secondary school or higher; those in primary or elementary schools are pupils.
Students who are repeating a grade level of schooling due to poor grades are sometimes referred to as having been held back or kept back. In Malaysia and Singapore they are described as retained. In the Philippines they are called repeaters. The term pupil is used in some Commonwealth primary and secondary schools instead of student, but once attending further education or higher education the term student is standard.
International Students' Day remembers the anniversary of the 1939 Nazi storming of the University of Prague after student demonstrations against the German occupation of Czechoslovakia.
Learn more about students, here:
https://brainly.com/question/17332524
#SPJ2
determine whether the following complexes are likely paramagnetic or diamagnetic. you are currently in a sorting module. turn off browse mode or quick nav, tab to items, space or enter to pick up, tab to move, space or enter to drop. paramagnetic diamagnetic answer bank
Answers
Paramagnetic complexes are those that have unpaired electrons in their molecular orbitals, while diamagnetic complexes have all electrons paired. The presence of unpaired electrons leads to paramagnetic behavior, which means the complex is attracted to a magnetic field. Diamagnetic complexes, on the other hand, are not affected by a magnetic field.
To determine whether a complex is paramagnetic or diamagnetic, you would need to consider the electronic configuration of the central metal ion and the ligands involved in the complex formation. If the complex has one or more unpaired electrons, it is likely to be paramagnetic. If all electrons are paired, it is likely to be diamagnetic.
Without specific information about the complexes and their molecular structures, it is not possible to provide a definitive answer.
Learn more about ligands here:- brainly.com/question/2980623
#SPJ11
How much explicit tax would curtis incur on interest earned on the initech, incorporated bond?
Answers
Interest rate is 9%, tax rate is 28%.
What is an incorporated bond?A strong spell called an Incorporate Bond can bind a creature or object to a specified location in space.A firm can raise funds by issuing debt in the form of corporate bonds. Corporate bonds can be actively traded on the secondary market, but when an investor purchases one, they are actually making a loan to the company in exchange for a number of interest payments.For example, an investor may pay $800 to purchase a five-year, zero-coupon bond with a face value of $1,000. When the bond reaches maturity, the business pays $1,000, which is equal to the $800 purchase price plus interest, or the $200 original issue discount, for the first five years.Bonds can be classified into five categories: corporate, municipal, agency, savings, and Treasury. Each bond has its own vendors, goals, purchasers, and risk-to-return ratios. Bond-based instruments, such as bond mutual funds, can also be purchased if you want to profit from bonds.Assume that Curtis's marginal tax rate is 28%.
To find how much explicit tax would Curtis incur on interest earned on the in-tech, incorporated bond
The explicit tax Curtis is going to incur on interest earned on the Initech, Inc. bond is as follows:
($250,000 x 0.09) x 28% = $6,300.
It is the tax on the interest income earned from Initech, Inc. bond.
Therefore,
The interest rate is 9%, and the tax rate is 28%.
To learn more about the incorporated bonds, refer to:
https://brainly.com/question/25965295
#SPJ4
FILL IN THE BLANK. this type of exchange is the opposite of ____________ gas exchange.
Answers
This ty-pe of ex-change is the opp-osite of systemic gas exchange. This hap-pens in the lungs bet-ween the alveoli and a network of tiny blood ves-sels called capillaries, which are loca-ted in the walls of the al-veoli.
Oxy-gen and carbon dioxide diffuse bet-ween the alveoli and pulm-onary capillaries in the lungs, and bet-ween the systemic capillaries and cells through-out the body. The diffusion of these gases, moving in opp-osite directions , is called gas exc-hange.
During gas exch-ange oxygen moves from the lu-ngs to the blood stream. At the same tim-e carbon dioxide pas-ses from the blood to the lu-ngs.
To know more about gas exchange click below:
brainly.com/question/29544297
#SPJ4
once you lease a location, your rent will always remain the same? true or false?
Answers
It is a false statement that one's rent will always remain the same once you lease a location.
What is known as lease?It is a contract that outlines the terms under which one party agrees to rent an asset that is owned by another party.
This agreement is for a limited period whereby the lessee will be paying for an agreed amount for the specified period.
However, the agreement is open to negotiation for adjustment from time to time.
Read more about lease
brainly.com/question/26052885
Miriam and Devon are both upper-level managers, but have very different decision-making styles. Please name and describe in your own words four decision making processes that could be used to guide their decision making. In addition, provide and explain in your own words 10 ways in which their decision could, in general, be derailed or hindered, and explain each.
Answers
There are various decision making styles of managers, the 4 different kind of manager decision making styles are listed below,
1. Directive
2. Analytical
3. Conceptual
4. Behavioral
Each of these method depend on the style of manager and the situation he is facing.
The directive style decision making style is used for firm decision making, in which ideas are not appreciated by the juniors. This is an aggressive decision making style
Analytical decision making style is one which focuses on finding the best possible solution to the problems after considering all alternative solutions
Conceptual decision making style is one in which managers are achievement oriented and they wish to see brighter future.
Behavioral decision making style is one in which nature of manager is persuasive and he believes gathering ideas from colleagues before making a decision.
Learn more at https://brainly.com/question/24383317
A major grocery store chain is trying to cut down on waste. Currently, they get peaches from two different distributors, wholefruits and greengrocer. Out of a two large shipments, the manager randomly selects items from both suppliers and counts the number of items that are not sell-able due to bruising, disease or other problems. She then makes a confidence interval. Is there a significant difference in the quality of the peaches between the two distributors? 95% ci for pw-pg:(-0. 156, 0. 064).
Answers
A significant difference in the quality of the peaches between the two distributors is option D. Option D says that We are 95% confident that the proportion of non-sell-able items for Whole Fruits is anywhere between 0.064 and 0.156 HIGHER than the proportion of non-sell-able items for Greengrocer.
Grocery stores generally can be defined as focus on beverages, food and some household goods. They are typically local chains or also single-location stores and may be family-owned . In other words, "grocery store" or known as supermarket. They offer the ingredients of provide jobs, foster a sense of community and home cooked meals. By comparing a set of inherent characteristics with a set of requirements we are generally can determine the quality of something.
Here you can learn more about grocery store in the link https://brainly.com/question/29352339
#SPJ4
sales of cases of soft drinks are up 20% from last year. you sold 500 cases of soft drinks during September of the previous year. based on current demand trends, what would the forecast be for total sales of cases of soft drinks for this September?
Answers
Answer:
600 cases you welcome :)
Tasha has foam blocks stored in a box that measures 3 1/4 feet long by 3 feet wide by 1 feet tall. Each foam block is a cube with 1/4 -feet edge length. How many blocks can fit into the box?
A. 156 blocks
B. 312 blocks
C. 624 blocks
D. 2496 blocks
Answers
There are 624 blocks can fit into the box.
The correct option is (C)
Tasha has foam blocks stored in the box
And the measurement of the blocks are:
Length of the box (l) = 3 1/4 feet
Width of the box (w) = 3 feet
Height of the box (h) = 1 feet
We know that the volume of the box:
The volume of the box is:
Volume = l × w × h
Volume = 3 1/4 × 3 × 1
Volume = 39/4
We have to find the how many blocks can fit into the box ?
The volume of each block:
V = 1/4×1/4×1/4 = 1/64
Number of blocks that the box can fit:
39/4 ÷ 1/64 = 39/4 × 64 = 39 × 16 = 624
The correct option is (C)
Learn more about Volume of box at:
https://brainly.com/question/23952628
#SPJ4
Identify which of the following statements is true. Group of answer choices In a tax-free reorganization, the acquiring corporation's holding period for the acquired properties includes the period of time the target corporation held the properties. The receipt of cash by a shareholder results in the recognition of all of his or her realized gain even if the transaction qualifies as a tax-free reorganization. In a tax-free reorganization, if the acquiring corporation uses nonmonetary boot property, gains or losses will be recognized by the acquiring corporation. All of the above are false.
Answers
Answer:
d
Explanation:
3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?
Answers
5 months and 200 pounds
4x5 = 20
220-20
200
10x5 = 50
250-50
200
Which of the following is NOT affected by marketing?
A. The locations you shop
B. The items you purchase
C. The product regulations
D. The use of the products
Answers
Answer:
D, The use of products.
The use of the products is not affected by marketing. Thus, option D is appropriate.
Marketing describes the actions a business takes to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of businesses.
Marketing is the procedure of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services, which may also involve choosing a target audience. The process of developing, communicating, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing.
Thus, option D is correct.
Learn more about Marketing here:
https://brainly.com/question/27155256
#SPJ6
Which investment is better stocks, bonds, or mutual funds and why?
Answers
\(\text{Hello There!}\)
\(\bold{Stocks}\) \(\text{is the act of putting money in a business and expecting to make a profit.}\)
\(\bold{Bonds}\) \(\text{are more of a safe to invest in, however, you cannot sell them for 12 months.}\)
\(\bold{Mutual\;Funds}\) \(\text{ is the act of investing in securities with other investors}\)
Mutual Funds can be a good option if you're okay with the lack of investment decisions; however, people often lose money due to the risk of securities going down in value.
\({\underline{\underline{{Stocks}}}\) are going to be your best option for short-term investments.
\({\underline{\underline{{Bonds}}}\) are going to be your best option for long-term investments.
\({\underline{\underline{{Mutual\;Funds}}}\) are going to be your best option for investing in bigger stocks.
\(\boxed{There\;isn't\;a\;"best"\;option;\;it\;depends\;on\;what\;you\;prefer.}\)
\(\rule{300}{1.0}\)
1. Describe how an apoptosis-inducing signal can transduce through intrinsic and extrinsic pathways to activate the initiator caspases. (10 marks)
Answers
Answer:
Explanation:
Apoptosis is an important biological process that regulates cell death and is essential for development, tissue homeostasis, and immune defense. Apoptosis-inducing signals can be transduced through intrinsic and extrinsic pathways to activate the initiator caspases.
The intrinsic pathway is initiated by cellular stress, such as DNA damage, hypoxia, or oxidative stress. These stress signals can activate the tumor suppressor p53, which in turn induces the expression of pro-apoptotic proteins such as Bax, Bak, and Puma. These proteins induce the release of cytochrome c from the mitochondria, which binds to Apaf-1 to form the apoptosome complex. The apoptosome complex recruits and activates initiator caspase-9, which then cleaves and activates the effector caspases-3, 6, and 7. This results in the cleavage of various cellular substrates, leading to the characteristic morphological and biochemical changes seen in apoptosis.
The extrinsic pathway, on the other hand, is initiated by extracellular signals such as cytokines, death ligands, or immune receptors. These signals bind to their respective receptors on the cell surface, which then activate caspase-8 through the recruitment of adaptor proteins such as FADD. Caspase-8 can also directly cleave and activate the effector caspases, leading to apoptosis. In some cases, the extrinsic pathway can also activate the intrinsic pathway through the cleavage of the pro-apoptotic protein Bid, which then translocates to the mitochondria and induces cytochrome c release.
In summary, apoptosis-inducing signals can transduce through both intrinsic and extrinsic pathways to ultimately activate the initiator caspases. These pathways intersect at various points and can crosstalk, leading to a coordinated and regulated cell death process.
if the absolute value of slope of the demand curve is 2.5, price is $6 per unit, and the quantity demanded is 8 units, then the price elasticity of demand is
Answers
Demand's price elasticity is equal to 0.3 if the price per unit is $6, the quantity required is 8, and the slope of the demand curve is 2.5 in absolute terms.
When rice costs $6 per pound, what is the price elasticity of demand?(P/Q) (1/slope) is the equation for the price elasticity of demand at a specific location. Here, (6/2) × (2/3) = 2.
How is the price elasticity of demand calculated in absolute terms?The amount demanded is responsive to price changes in terms of price elasticity of demand, which is computed by dividing the percentage change in quantity demanded by the percentage change in price.
What does a reading of 0.6 for the absolute price elasticity of demand mean?Therefore, if the price elasticity of demand for a product is equal to 0.6, the demand is inelastic (since the elasticity is less than 1). A 1% price rise would result in a 0.6�cline in demand.
To Know more about price per unit
https://brainly.com/question/10706678
#SPJ4
When site visitors leave the site almost as soon as they arrive, perhaps after viewing just one page, the marketing manager will be concerned with the ______. multiple choice question.
Answers
The marketing manager will be concerned with the bounce rate when site visitors leave the site almost as soon as they arrive, perhaps after viewing just one page.
The bounce rate is a metric that measures the percentage of site visitors who leave a website after viewing only one page. A high bounce rate indicates that visitors are not finding the content or user experience engaging enough to stay on the site and explore further.
A high bounce rate can be indicative of various issues such as poor website design, irrelevant or unengaging content, slow page load times, or difficulty in navigation.marketing manager will need to analyze the bounce rate and identify the factors contributing to it in order to make necessary improvements to increase visitor engagement and encourage them to explore more pages on the site.
To know more about marketing visit:
https://brainly.com/question/31179706
#SPJ11
The correct question is
When site visitors leave the site almost as soon as they arrive, perhaps after viewing just one page, the marketing manager will be concerned with the ______. multiple choice question.
Ethan’s job as an accounting assistant was recently modified to include reconciling bank accounts and making deposits, two tasks previously done by the accounting manager. This increase in responsibility would best be described as job
Answers
Answer: enrichment
Explanation:
Job enrichment is when new dimensions are added to the job of an employee at an organization. Job enrichment can include adding extra work, creating autonomy, increasing skill variety, etc.
This is shown in the above analysis as Ethan has been giving more task that what he normally does.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom. according to o*net, what are common skills needed by construction carpenters? select three options.
programming
critical thinking
technology design
operation monitoring
time management
science
Answers
The skills are essential for construction carpenters to effectively perform their job duties and contribute to successful construction projects.
According to O*NET, three common skills needed by construction carpenters are:
1. Critical Thinking: Construction carpenters need to apply logic and reasoning to solve problems, make decisions, and determine the best course of action while working on construction projects.
2. Time Management: Carpenters need to efficiently manage their time and prioritize tasks to ensure timely completion of projects while maintaining quality work.
3. Operational management: Construction carpenters must closely monitor the operation of tools, equipment, and processes to ensure safety, efficiency, and quality in their work.
To know more about time management refer to
https://brainly.com/question/24662469
#SPJ11
true or false: if we understand how exchange rates are determined, we may be able to forecast exchange rate movements.
Answers
True. Understanding how exchange rates are determined can potentially help in forecasting exchange rate movements.
Having a good understanding of the factors that influence exchange rates can provide insights into potential movements in currency values. While forecasting exchange rate movements is challenging and subject to various factors and uncertainties, knowledge of the determinants can be valuable in making informed predictions.
Exchange rates are influenced by several factors, including interest rates, inflation rates, political stability, economic indicators, market sentiment, and geopolitical events. By analyzing these factors and their potential impact on currency values, economists and analysts can develop models and methodologies to forecast exchange rate movements.
However, it is important to note that exchange rates are influenced by a complex interplay of global economic and financial factors, and accurately predicting them is challenging. Unexpected events and market dynamics can lead to sudden shifts in exchange rates that may not be accurately forecasted.
Learn more about inflation, below:
https://brainly.com/question/29308595
#SPJ11
The maturity date of a note receivable:
a. Is the day of the credit sale.
b. Is the day the note was signed.
c. Is the day the note is due to be paid.
d. Is the date of the first payment.
e. Is the last day of the month.
Answers
c. Is the day the note is due to be paid.
The maturity date of a note receivable refers to the specific day on which the note is scheduled to be fully repaid. It is an important aspect of the note as it determines the timeline for the borrower's payment obligations. The maturity date is typically set at the time of the note's creation and is agreed upon by the parties involved. It is different from the day of the credit sale or the day the note was signed, as it specifically signifies the deadline for the borrower to make the final payment. This date is crucial for both the lender and the borrower, as it sets the timeline for the repayment of the debt and helps in managing cash flow and financial planning.
learn more about day here :
https://brainly.com/question/20371144
#SPJ11
What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answers
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
Cash from operating activities differs between the direct and indirect method with respect to the:
Answers
The cash flows from operating expenses represent the primary distinction between the direct technique and the indirect approach of creating cash flow statements. By using the direct method, you display the cash flow from operational operations as actual cash outflows and inflows on a cash basis rather than starting with net income on an accrual basis.
Your ability to successfully manage cash flow is aided by the cash flow statement, a crucial financial document that shows how money leaves and enters a business. When preparing this report, you can use a variety of techniques, including direct and indirect techniques, even if it has set and particular aims. We examine direct and indirect cash flow in this article, give instances for each, discuss their distinctions, and list their benefits and drawbacks.
The term "direct cash flow" refers to the direct method, one of the two accounting methods used to produce a thorough statement of cash flow that displays changes in cash throughout the course of the period. The direct approach is often referred to as the cash flow statement method or the "income statement method."
Learn more about cash flow here
https://brainly.com/question/28238360
#SPJ4
Which of the following statements about investing is FALSE?
Answers
Answer:
The answer is A
Explanation:
I did this question on an assignment a few days ago. But I don't know what way they are ordered, because there is no picture.
WILL GIVE BRAINLIEST.
The reason Louis Vuitton will not lower it's prices is because it does not want to harm its:
A. Return on Investment
B. Brand Image
C. Psychological Pricing
Answers
Answer:
A. Return on Investment
national sporting goods accepted a note receivable from a local high school for $8,750 to help the school purchase new football uniforms. if nsg would want to transfer this note to a third party in order to receive their cash more quickly, what will they need to do?
Answers
A form of asset account called a contra asset allows the account balance to be either negative or zero. Because contra asset accounts might have a credit, or negative, balance instead of a debit, or positive, balance, this form of asset account is known as a "contra" asset account.
What kinds of assets are considered contra?Allowance for Doubtful Accounts and Accumulated Depreciation are two important instances of counter asset accounts. Accounts receivable are decreased by the allowance for doubtful accounts, whereas the value of a fixed asset is decreased by accumulated depreciation.A contra asset account in bookkeeping is an asset account whose natural balance is either zero or a credit (negative) balance. The balance in the asset account with which it is associated on the balance sheet is offset by the account.A contra account is a general ledger item whose balance differs from the category's typical balance (i.e. asset, liability, or equity).To Learn more about contra asset refer:
https://brainly.com/question/15610334
#SPJ4
what are the two advantages and two disadvantages in breakevean analysis
Answers
Answer:
Look at the explanation
Explanation:
Advantages:
1. Measure profit and losses at different levels of production and sales.
2. Predict the effect of cost and efficiency changes on profitability.
Disadvantages:
1. Assumes that sales prices are constant at all levels of output
2. Break even charts may be time consuming to prepare.
Hope this helps! :)
What can a cover letter explain that a résumé cannot?
Answers
Answer:
Cover letters can also provide insight and explanation into sensitive information that your resume cannot, such as lapses in employment, career changes and layoffs.
Explanation: I put this as my answer and got it right. :)
Cover letters can reveal and explain sensitive information that your resume cannot, such as work gaps, career changes, and layoffs.
Resume and Cover LetterThe thing that a cover letter can explain but a resume can not is that the cover letter explain the interest in the position and what makes the person fit for the job but a resume provides information about a potential employee's professional and academic background.
A cover letter's objective is to provide employers with a peek of the person behind the resume. Cover letters can also reveal and explain sensitive information that your resume cannot, such as work gaps, career changes, and layoffs.
Find out more information about resume here:
https://brainly.com/question/862477?referrer=searchResults
