Answer:
You did not include the price they bought the units at.
I will assume this price is $5.
= 5 * 1,000
= $5,000
Recording it will be:
Account Debit Credit
Merchandise Inventory $5,000
Accounts Payable $5,000
U + 4/5 = 2 and 1/3
Subtract 4/5 from each side of the equation:
U = (2 and 1/3) - (4/5)
Now it's just problem in plain old adding and subtracting fractions,
just like the ones you've done many times before.
First let's change (2 and 1/3) to a fraction: 2 and 1/3 = 7/3
So you have to find the value of (7/3) - (4/5) .
In order to add or subtract fractions, they need to have a common denominator.
The least common multiple of 3 and 5 is 15, so that's a good choice.
7/3 = 35/15
4/5 = 12/15
Now the problem is: (35/15) - (12/15).
That's 23/15 . . . . . the same thing as <u>1 and 8/15</u> .
That's the value of ' U '. What an ugly number !
Answer:
8.95
Step-by-step explanation: Add the hours and divide the money by the amount of hours
