$~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \£990\\ r=rate\to 2\%\to \frac{2}{100}\dotfill &0.02\\ t=years\dotfill &4 \end{cases} \\\\\\ A=990[1+(0.02)(4)]\implies A=990(1.02)(4)\implies A=4039.2$

4 0

2 years ago

n August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $27,900; Supplies, $900; Equ

frez [133]

The amount of stockholders’ equity as of August 31 of the current year is $26400.

<h3>How to calculate the equity?</h3>

The owner's equity will be:

= Cash + Supplies + Equipment - Account payable

= 27900 + 900 + 8500 - 7300

= 26400

Therefore, the amount of stockholders’ equity as of August 31 of the current year is

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8 0

1 year ago

Students in 6 classes, displayed below, ate the same ratio of cheese pizza slices to pepperoni pizza slices. Complete the follow

Vikki [24]

<span>Slices of Cheese Pizza 2 , 6, 8, 5 ½, 3 1/3, 3/5 Slices of Pepperoni Pizza 5, 15, 20, 13 ¾, 8 1/3, 1 ½ Total Slices of Pizza 7, 21, 28, 19 ¼, 11 2/3, 2 1/10</span>

5 0

3 years ago