Answer:
The transaction will be recorded by the company as :
DR : Non-collectibles $5670
CR : Accounts receivable $5670
Step-by-step explanation:
Amount of money estimated = $5670
The amount which is non-collectible is recorded as a DEBIT transaction by the company because the amount in the non-collectible account can't be received by the company.
But, the amount in the receivables is the amount which is available for receiving and can be received by the company. So, receivable transaction is marked as CREDIT by the company.
Thus, the transaction will be recorded by the company as :
DR : Non-collectibles $5670
CR : Accounts receivable $5670
Answer:
5.93 years
Step-by-step explanation:
The continuous compounding formula tells you the amount after t years will be ...
A = Pe^(rt) . . . . principal P compounded continuously at annual rate r for t years
7400 = 5500e^(0.05t)
ln(7400/5500) = 0.05t . . . . divide by 5500, take natural logs
t = 20×ln(74/55) ≈ 5.93
It will take about 5.93 years for $5500 to grow to $7400.
Answer: At least 713 paintballs
Step-by-step explanation:
Based on the information that has been given in the question, the inequality that'll be used to solve the question will be:
18+0.08B≥75
0.08B≥75-18
0.08B≥57
B≥57/0.08
B≥712.5
Carolina needs to buy at least 713 paintballs along with the entrance fee to get the promotion.
It’s 10.2040816 right!!!!
Answer:
k-7
70
Step-by-step explanation: it says no less than 70 implying it could be 70 or above. Greater than or equal to seventy is the correct answer.