Answer:
correct option is (D) 4 percent
Explanation:
given data
cost of housing increases = 10 percent
to find out
CPI is likely to increase by
solution
as other thing (CPI) Consume price index is likely to increase as
(CPI) Increase in Consume price index = 40 % of cost of housing increases ...................1
so (CPI) Increase in Consume price index = 40 % of 10%
Increase in Consume price index = 4%
so correct option is (D) 4 percent
Answer:
The balance of the cash account after these transactions were posted is $45,200
Explanation:
cash balance after these transaction = Cash Investing in Shop - Paid cash for receptionist salary + Receive cash from sale of frame
= $41,900 - $3,100 + $6,400
= $45200
Therefore, The balance of the cash account after these transactions were posted is $45,200
<span>The answer is They left a 20% tip, so the service was probably above average. First step is to the amount of the sales tax. If 100% is $73.89, 5.8% will be x (tax): 100% : $73.89 = 5.8% : x. x = $73.89 * 5.8% : 100%. x = $4.28. Now, we have the price for meals, sales tax, and the total amount of money left, so we can calculate how much the tip is: $93.00 - $73.89 - $4.28 = $14.83. So, the tip is $14.83. Let represent it as percent. If $73.89 is 100%, $14.83 will be x. $73.89 : 100% = $14.83 : x. x = $14.83 * 100% : $73.89. x = 20%. So, they left a 20% tip, so the service was probably above average.</span>
Answer:
1. $66,000
2. $66,000
Explanation:
The computations are shown below:
1. Before written off:
= Account receivable balance - uncollectible amount
= $70,000 - $4,000
= $66,000
2. After written off:
= Account receivable balance - second year written off amount - uncollectible amount + second year written off amount
= $70,000 - $700 - $4,000 + $700
= $66,000
