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4 years ago

11

Ken went to the store for his mother. He spent $2.37 on groceries. In addition, his mother said he could spend $0.35 on candy. W

hat was his change from a five dollar bill? Enter one digit in each box below.
$
a0.
a1
a2

1 answer:

netineya [11]4 years ago

6 0

$2.37+$0.35=2.72

$5.00-$2.72= $2.28

I don't know what you mean by boxes, but the change would be $2.28.

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A company has invested $60,000 in machinery with a 5-year useful life. The machinery will have no salvage value, as the cost to

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19.7%

Explanation:

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yearly benefits:

Year 1 = ($15,000 - $19,800) x 45% tax credit = $2,160 deferred tax benefit

Year 2 = ($15,000 - $16,200) x 45% tax credit = $540 deferred tax benefit

Year 3 = $15,000 - $12,000 = <u>$3,000</u> ⇒ $1,350 in taxes are offset by the previous deferred tax benefits x 45% tax = $2,160 - $1,350 = $810 remaining tax benefits

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this investment yields 3 positive benefits during years 3-5, if we discount them to find the present value = $3,000/1.07 + $4,770/1.07² + $5,940/1.07³ = $2,803.74 + $4,166.30 + $4,848.81 = $11,818.85

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4 years ago

Emily Lim owns and runs an ice cream parlor in San Diego. Last year, she had sales of $430,000 and an average tax rate of 34%. S

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3 years ago

The proper order of the following steps in the accounting cycle is prepare unadjusted trial balance, journalize transactions, po

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Answer:

<em>The Accounting Cycle is as follows:</em>

<em>1. Transactions are analyzed and recorded in the journal. </em>

<em>2. Transactions are posted to the ledger.</em>

<em>3. An unadjusted trial balance is prepared. </em>

<em>4. Adjustment data are asssembled and analyzed. </em>

<em>5. An optional end-of-period spreadsheet is prepared. </em>

<em>6. Adjusting entries are journalized and posted to the ledger. </em>

<em>7. An adjusted trial balance is prepared. </em>

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3 years ago

On January 2, Cohan Company acquired 37% of the outstanding stock of Sanger Company for $715,500. For the year ended December 31

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Answer:

Explanation:

check the file attached for solution i hope it helps

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4 years ago

You want to be a millionaire when you retire in 30 years and expect to earn 8.5 percent, compounded monthly. How much more will

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Answer:

more will you have to save each month 981.9

Explanation:

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time = 30 year = 30 × 12 = 360 months

expected earn = 8.5 % = $\frac{0.085}{12}$ = 0.0070833

time = 10 year = 10 × 12 = 120 months

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solution

we consider here saving end of this month = x

and saving end of 10 year = y

now we solve for x

$10^{6}$ = x × $\frac{1+ r^{t}}{r} - 1$

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3 years ago

Read 2 more answers