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Zinaida [17]
3 years ago
6

Sally’s Hair Salon purchases hair dye and records the dye as an asset. As they are used, they are expensed. This is an example o

f:
Timeliness

Matching

Full disclosure

Cost
Mathematics
2 answers:
kupik [55]3 years ago
4 0

Answer:

Matching

Step-by-step explanation:

Sally's Hair Salon purchases hair dye and records the dye and records the dye as an asset. Now as they are used they are expensed. This is an example of "Matching".

The concept of Matching is based on the Principal of accrual accounting that direct that the companies should report the revenues and expenses in the period in which they are earned.

VladimirAG [237]3 years ago
3 0

Answer:

Timeliness

Step-by-step explanation:

This case describes an example of timeliness. Timeliness refers to a practice of accountants by which they record relevant information in the moment in which this information is needed. In this case, the accountant that is taking care of the expenses of Sally's Hair Salon is acting in a timely manner because he is recording the expenses as soon as possible. This will allow the business to make financial decisions that are better informed.

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First check the characteristic solution: the characteristic equation for this DE is

<em>r</em> ² - 3<em>r</em> + 2 = (<em>r</em> - 2) (<em>r</em> - 1) = 0

with roots <em>r</em> = 2 and <em>r</em> = 1, so the characteristic solution is

<em>y</em> (char.) = <em>C₁</em> exp(2<em>x</em>) + <em>C₂</em> exp(<em>x</em>)

For the <em>ansatz</em> particular solution, we might first try

<em>y</em> (part.) = (<em>ax</em> + <em>b</em>) + (<em>cx</em> + <em>d</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)

where <em>ax</em> + <em>b</em> corresponds to the 2<em>x</em> term on the right side, (<em>cx</em> + <em>d</em>) exp(<em>x</em>) corresponds to (1 + 2<em>x</em>) exp(<em>x</em>), and <em>e</em> exp(3<em>x</em>) corresponds to 4 exp(3<em>x</em>).

However, exp(<em>x</em>) is already accounted for in the characteristic solution, we multiply the second group by <em>x</em> :

<em>y</em> (part.) = (<em>ax</em> + <em>b</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)

Now take the derivatives of <em>y</em> (part.), substitute them into the DE, and solve for the coefficients.

<em>y'</em> (part.) = <em>a</em> + (2<em>cx</em> + <em>d</em>) exp(<em>x</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)

… = <em>a</em> + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)

<em>y''</em> (part.) = (2<em>cx</em> + 2<em>c</em> + <em>d</em>) exp(<em>x</em>) + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

… = (<em>cx</em> ² + (4<em>c</em> + <em>d</em>)<em>x</em> + 2<em>c</em> + 2<em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

Substituting every relevant expression and simplifying reduces the equation to

(<em>cx</em> ² + (4<em>c</em> + <em>d</em>)<em>x</em> + 2<em>c</em> + 2<em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

… - 3 [<em>a</em> + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)]

… +2 [(<em>ax</em> + <em>b</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)]

= 2<em>x</em> + (1 + 2<em>x</em>) exp(<em>x</em>) + 4 exp(3<em>x</em>)

… … …

2<em>ax</em> - 3<em>a</em> + 2<em>b</em> + (-2<em>cx</em> + 2<em>c</em> - <em>d</em>) exp(<em>x</em>) + 2<em>e</em> exp(3<em>x</em>)

= 2<em>x</em> + (1 + 2<em>x</em>) exp(<em>x</em>) + 4 exp(3<em>x</em>)

Then, equating coefficients of corresponding terms on both sides, we have the system of equations,

<em>x</em> : 2<em>a</em> = 2

1 : -3<em>a</em> + 2<em>b</em> = 0

exp(<em>x</em>) : 2<em>c</em> - <em>d</em> = 1

<em>x</em> exp(<em>x</em>) : -2<em>c</em> = 2

exp(3<em>x</em>) : 2<em>e</em> = 4

Solving the system gives

<em>a</em> = 1, <em>b</em> = 3/2, <em>c</em> = -1, <em>d</em> = -3, <em>e</em> = 2

Then the general solution to the DE is

<em>y(x)</em> = <em>C₁</em> exp(2<em>x</em>) + <em>C₂</em> exp(<em>x</em>) + <em>x</em> + 3/2 - (<em>x</em> ² + 3<em>x</em>) exp(<em>x</em>) + 2 exp(3<em>x</em>)

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