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2 years ago

As of 2011, about how large was the world's human population, and about how long will it take to add another billion

2 answers:

7 0

<span>The annual population growth rate is a rate that is estimated based on past years and the expected rate for the future. To find out how long it will take to add another billion to the population, we must first know how large the world’s human population was in 2011. The annual percentage growth rate is normally between 1% and 2% but commonly stays under 1.2%.</span>

Vaselesa [24]2 years ago

5 0

As of 2011, the world's population has reached 7 billion. The annual population growth rate is 1.2%, thereby there would be an additional 1 billion population growth at approximately 11 years or by 2021 the population would be 8 billion.

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Crane purchases equipment by signing a note payable with the equipment dealer for $10,000. The accounts affected for Crane are _

maxonik [38]

Answer:

Equipment and notes payable

Explanation:

Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered

The journal entry would be

Equipment A/c Dr $10,000

To Notes payable $10,000

(Being the equipment is purchased by signing a note payable)

7 0

3 years ago

On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi

goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

To Sales $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr, $66

(3,300 × 2%)

To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234

To Accounts Receivable $3,234

(Being payment received is recorded)

b. Cash Dr, $3,300

To Accounts Receivable $3,234

To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0

2 years ago

An appliance repair shop buys and uses about 4,212 fan motors annually. Holding cost is 27 dollars per motor per year, and order

Juli2301 [7.4K]

Answer:

15,251 units

Explanation:

The formula for Economic order quantity is;

EOQ = √2DS/H

Where,

D = Annual demand = 4,212

S = Ordering cost = $177

H = Holding cost = $27/4,212 = $0.00064102564

EOQ = √ 2 × 4,212 × $177 / $0.00064102564

EOQ = √ $1,491,048 / $0.00064102564

EOQ = √232603488.37

EOQ = 15,251 units

4 0

3 years ago

Javier Computer Services began operations in July 2019. At the end of the month, the company prepares monthly financial statemen

gavmur [86]

Answer:

wages expense 1,300 debit

wages payable 1,300 credit

--------------------------------

interest expense 200 debit

interest payable 200 credit

--------------------------------

account receivable 2,400 debit

service revenue 2,400 credit

----------------------------------

Explanation:

we recognize the wages expense for the current period and the liability that arise from that.

interest: principal x rate x time

time and rate should be in the same metric so we express the time in portion of a year.

From July 1st to July 31th a month has past so 1/12 of a year:

20,000 x 12% x 1/12 = 200

this will be the accrued interest for the period

we must record service revenue. As it is not collected it goes int oaccount receivable

6 0

2 years ago

You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 20 years. How much money will you need to i

USPshnik [31]

$553,229.03 this is the answer for APEX

7 0

3 years ago