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irakobra [83]
3 years ago
9

Steve puts only dimes and quarters into his piggy bank. Right now he has five more dimes than quarters there, and they make $74.

35. How many quarters and how many dimes are there in Steve’s piggy bank?
Business
2 answers:
alekssr [168]3 years ago
6 0

Answer:

Quarters, $52.75

Dimes, $21.6

Explanation:

For easy solving, we are to assume.

Let number of quarters = x

Let number of dimes = x+5

(it should be noted that this isn't the price, but the number of each. In numerals, essentially)

0.10(x+5)+0.25x = 74.35

0.10x+0.50+0.25x = 74.35

0.35x = 73.85, adding moving terms and then dividing both sides by 0.35

x = 211 quarters, which is $52.75

x+5 = 216 dimes, which is $21.60

To cross check our answer, we add $52.75 + $21.60 =

The total is $74.35

larisa86 [58]3 years ago
4 0

Answer:

There are 211 quarters and 216 dimes

Explanation:

To answer this question, we need to properly understand what a dime is and what a quarter is. A quarter is 25 cents while a dime is 10 cents in value.

Let the number of dimes present be d and the number of quarters present be q.

We are told that he has 5 more dimes than quarters.

Mathematically, this means that:

d - q = 5 or d = q+ 5 .......(I)

The total value there is $74.35. In cents, this has a value of 7435 cents.

Mathematically:

25q + 10d = 7435......(ii)

We substitute what we have in 1 in 2

25q + 10(q+5) = 7435

25q + 10q + 50 = 7435

35q + 50 = 7435

35q = 7435-50

35q = 7385

q = 7385/35

q = 211

Recall, d = q+ 5 ; d = 211 + 5 = 216

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nasty-shy [4]

Answer:

it does not measure quality-of-life factors ; it does not account for distribution of wealth ; it fails to measure non monetary (home production) activities

Explanation:

Real GDP is the total value of goods & services produced in an economy, during a period of time. But it is not correct measure of welfare level.

  • It does not measure non monetary production, like hobby production eg kitchen gardening, self made paintings, music. But, they increase welfare
  • It does not take into consideration the qualitative factors affecting welfare like pollution, crime & literacy. Externalities cause extra benefit or harm to welfare level, but are excluded from GDP.
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4 0
3 years ago
Rane Company had the following assets on January 1, 2017.
Viefleur [7K]

Answer:

Journal entries are prepared below

Explanation:

Journal entries required are given as follows

Jan. 1 (To record retirement of machinery)  

                                                                     Debit        Credit

Accumulated depreciation-equipment     $69,580

Equipment                                                                   $69,580

June. 30 (To record the depreciation expense on forklift)

                                                                     Debit        Credit

Depreciation expense                                2940

Accumulated depreciation-equipment                       2940

Working

Annual depreciation = $29,400 / 5 years = $5880

depreciation for 6 months = $5880 x 6/12 = $2940

June. 30 (To record sale of forklift)

                                                                        Debit        Credit

Cash                                                                 11760  

Accumulated depreciation-equipment(w)    20580  

Equipment                                                                      29400

Gain on disposal of plant assets                                     2940

Working

Accumulated depreciation = 5880 x 3.5 years

 

Dec. 31 (To record depreciation expense on truck)

                                                                     Debit        Credit

Depreciation expense                                 3724

Accumulated depreciation-equipment                       3724

Working

Annual depreciation on truck = ($32,736- $2,944) / 8 years = $3724

Depreciation for 2017 = $3724

 

Dec. 31 (To record discarding of the truck)  

                                                                     Debit        Credit

Salvaged materials                                    2,944

Accumulated depreciation-equipment    22344

Loss on disposal of plant assets               7448

Equipment                                                                    32,736

Working

Accumulated depreciation = 3724 x 6 years = 22,344

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