We know that the total cost will be 30 lb * $3/lb = $90. We can thus set up an equation such that: 90 = 3.5*b + 2*(30-b), where b is the weight of blackberries and 30-b represents that which is not blackberries, that is, the blueberries.
We solve the equation as:
90 = 3.5b +60 -2b = 1.5b + 60
30 = 1.5b
b = 20
Thus 20 lbs of blackberries (and 10 lbs of blueberries) are needed.
The repayment of a note payable is classified in the statement of cash flows as a financing activity.
The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.
The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.
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Answer:
529 Plan
Explanation:
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs.
Answer:
In the United States. McDonald’s spends the biggest slice of their budget. The company does many new product trials and innovation in its home country, where it has the biggest audience. The company’s advertising is typically skewed to children in the United States, where McDonald’s produces about 250 ads annually.
In Japan. The company’s ad campaigns are widely different. The Japanese ads are focused on adults as well as children, with some features that are unique to the locale’s culture.
Answer:
Cobras Incorporated
Trial Balance as at March 31.
Debit Credit
Supplies $1,100
Buildings $41,000
Cash $2,100
Accounts Receivable $2,800
Prepaid Insurance $1,100
Salaries Payable $300
Accounts Payable $1,500
Common Stock $21,000
Retained Earnings $14,500
Service Revenue $18,100
Utilities Expense $2,300
Salaries Expense $5,000
Totals $55,000 $55,000
Explanation:
A Trial Balance is used to check mathematical accuracy in ledger Accounts. It represents a list of Balances : Debit and Credit extracted from the Ledger Accounts.
