Practicia completes the job in one hour = 1/4
Naoimi completes the job in one hour = 1/5
If Parcticia and Naoimi does it together,let us suppose in x number of hours.
The equation so form is:
(1/4)*x + (1/6)*x = 1 (i.e job finished)
The Least common multiple(LCM) of 4 and 6 = 12
12*(1/4)*x + 12*(1/6)*x = 12*1
Therefore, solving the equation we get,
3x + 2x = 12
5x = 12
x = 12/5
x= 2 2/5 hours or 2.24 hours
Therefore number of hours they took to complete the work is 2 hours and 24 minutes or 2.24 hours.
Answer:
Corporate chain
Explanation:
The corporate chain is that chain that owns its multiple outlets so that it can ensure the day to day activities, profit or losses for a given period of time.
The aim of this to maximize the profit to the greatest extent and captures the market by providing them excellent services so that it can achieve the highest growth during a particular period which results in them into maintaining its reputation and goodwill
The correct answer is A) July 31st.
Orange County shows that the revenue was recognized on July 31st.
The other options of the question were B) August 1. C) August 5. D) August 6.
To be successful, a business needs good control and operation systems. Accounting is of the utmost importance when controlling the finances of a company. You have to keep your records straight. Your accountant needs to clearly understand when to record revenue in your book. So the accountant has to understand the general principles of accounting. According to the revenue recognition principle, revenue has to be recognized when they are realized, so you keep it in the book.
<u>Answer:</u>Option D
<u>Explanation:</u>
Commingling means the money of various investors are pooled together to trade with securities. This is usually done by the agents who acts as the investment managers they collect money from various investors and put it together as single fund. The advantages of this method are the fees is lower.
Some people indulge in illegal activities of combining investors money with their personal money. This helps the agents to invest large funds by pooling in funds. Any risk on the principal amount has to be borne by the agent.
Answer:
TRUE
Explanation:
In the case of long term loans and financing, the age of the applicant is an analytical parameter that the lender takes into consideration. This is because these loans are long and an older person is more likely to die before the installment ends. It is therefore more difficult for an elderly person to finance a home than a 30-year-old, for example.
