Answer:
Service Revenue 881,105
Wages Expense (529,000)
Supplies Expense (42,000)
Rent Expense (59,500)
Utilities Expense (8,000)
Depreciation Expense (150,000)
Interest Income <u> (5,500) </u>
Net Income 87,105
Explanation:
We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.
Answer:
WILL YOU PAY ME IF I TELL YOU THE ANSWER
Explanation:
Answer:
7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Explanation:
Let x packets of sweet-pepper seeds for $2.16 each and y packets of hot-pepper seeds for $4.24 each are mixed to obtain 16-packet mixed pepper assortment for $3.33 per packet,
i.e. x + y = 16 ..........(1)
Also,
The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture
⇒ 2.16x + 4.24y = 3.33(x+y)
⇒ 2.16x + 4.24y = 3.33x+3.33y
⇒ 2.16x + 4.24y - 3.33x-3.33y = 0
⇒ −1.17x +0.91y = 0 ........(2)
Equation (2) + 1.17 × equation (1)
0.91y + 1.17y = 18.72
2.08y = 18.72
⇒ y = 9
From equation (1),
x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7
Hence, there are 7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
If the consumer expected price increase for any reason in such good he will buy it before the time he expects to apply for that increase.
Answer:
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Explanation:
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