These transaction will affect the adjustments at the end of the period by:
- Decrease Unearned Revenue
Since the gift cards was redeemed during the month which means that Unearned Revenue will have to be decreased by the costs of gift cards that was redeemed during the month.
Calculated as:
Unearned Revenue=$5,600-$3,200
Unearned Revenue=$2,400 decrease
Since the gift cards was redeemed during the month which means that will have increased Sales revenue by the costs of of gift cards that was redeemed during the month.
Calculated as:
Sales revenue=$5,600+$3,200
Sales revenue=$8,800 Increase
Inconclusion These transaction will affect the adjustments at the end of the period by:
- Decrease Unearned Revenue
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Answer:
a. radius = 0.0006m = 0.6mm and length =0.393m = 393mm
b. frequency =377.86Hz
Explanation:
Given:
mass of steel= 4g = 0.004kg
density of steel = 7890kg/m3
tensile stress of steel 7.0x10⁸
tension load =900N
from the density, we will calculate for the Volume of the steel string
density = mass/volume
volume = mass/density = 0.004/7890 = 5.07 x 10⁻⁷ m³
from the tensile stress will can get the maximum base Area of the string ,
tensile stress = load/area =
7x10⁸ = 900/A
A = 900/7x10⁸ = 1.29x10⁻⁶ m²
Area = πr²
area/pi = 4.105x10-7
radius = 0.0006m = 0.6mm
volume = Area x length
length = vol/area =(5.07 x 10⁻⁷ m³)/1.29x10⁻⁶ m² = 0.393m
b. the highest possible frequency is given by:
F = 
where T= tension, m=mass, L=length
F = 
= 297.04/0.786
frequency =377.86Hz
Jasper's entry to record the collection of the note and interest at maturity should be:
Debit Cash Account 44,990
Credit Interest Income $990
Credit Notes Receivable $43,000
The amount collected is:
Cash collected
= $44,000 Amount lend + Interest Income
And
Interest Income
= Amount lend * Interest Percent * For the days / 360
= $44,000 * 9% * 90 / 360
= $990
Now putting the interest income value in the above equation, we have:
Cash collected
= $44,000 Amount lend + $990
= $44,990
So the cash is increase by $44,990 interest income increased is by $990 and the Note receivable is at amount issued which has been decreased by $44,000.
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Maturity Value = Principal x ( 1 + Rate x Time )
Here is:
Principal = $90,000
Rate = 6% = .06
Time = 120 / 360
Maturity value = $90,000 x ( 1 + .06 x 120/360 ) =
= $90,000 x ( 1 + .02 ) =
= $90,000 x 1.02 = $91,800
Answer: c. $91,800
Answer:
$685,000
Explanation:
First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:
contribution margin ratio=contibution margin/sales revenue
contribution margin ratio=16%
contribution margin required=pretax income+fixed costs
contribution margin required=$71,200+$38,400=$109,600
16%=$109,600/sales revenue
16%*sales revenue=$109,600
sales revenue=$109,600/16%
sales revenue=$685,000
