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AysviL [449]
4 years ago
5

A parking lot charges $2 per hour for the first 4 hours, then $3 per hour after that. Which equation(s) describes the total cost

y as a function of the hours x?
Business
1 answer:
Ivenika [448]4 years ago
5 0

Answer:

there are no options but i would say it’s probably close to y= 8 + 3x

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Gerald orders 1,000 cupcakes from Haddock Bakers for a Christmas Eve party. However, Haddock fails to deliver the cupcakes as pe
jeyben [28]

Answer:

The correct answer is letter "C": Cover of a sales contract.

Explanation:

A cover of a sales contract in law refers to the actions a buyer carries out to diminish the damages to his or her business because of a breach in a contract agreed with a seller. Initially, the buyer and the seller agreed in the transfer of goods or services but the seller fails. So, to avoid loses, the buyer sets a series of actions to continue with his business as if the breach has never happened.

3 0
3 years ago
The City of Lora issued $5,000,000 of general government, general obligation, 8%, 20-year bonds at 103 on April 1, 2017 20X7, to
spin [16.1K]

Answer:

$200,000

Explanation:

The value of the government obligation = $5,00,000, 8%, 20 years bonds payable at 103

Interest expenses = $5,000,000 * 8/100 * 6/12 = $200,000.

Thus, $200,000 will be reported as debt service expenses in the fiscal year 20X7.

8 0
3 years ago
Due to ____, market forces should realign the relationship between the interest rate differential of two currencies and the forw
dalvyx [7]

Taxed market forces are destroying the industries

3 0
4 years ago
On July 1, 2017, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,000,000. The county
Vladimir79 [104]

Answer:

Journal Entry

01 July Debit Taxes Receivable $4,000,000 Credit Allowance for uncollectible tax $200,000 Credit Revenue $3,800,000

30 April Debit Bank $3,710,000 Credit Taxes Receivables $3,710,000

 Debit Interest and penalties on Unpaid Taxes $14,300 Credit Allowance for interests and penalties $1,600 Credit Revenue $12,700

30 June Debit Bank $56,600 Credit Tax Receivable $52,000 Credit Interest and taxes on unpaid taxes $4,600

Explanation:

Allowance for uncollectible tax = $4,000,000*5% =$200,000

Allowance for interests and penalties  = 14,300 - 12,700 = 1,600

5 0
4 years ago
Boxer Corporation buys equipment in January of the current year with a seven-year class life for $15,000. The corporation expens
djyliett [7]

The deduction in the year of purchase for E&P purposes due to the acquisition and expensing of the equipment is: <u>$3,000</u>.

<u>Explanation</u>:

E&P refers to accumulated earnings and profits in accounting term. The term was commonly related with the stockholders of corporations. Accumulated earnings and profits are generally calculated by obtaining the net profit of the company after paying dividends to the stockholders.

The economic ability of the corporation can be measured through E&P. In the above scenario, the Boxer Corporation purchases equipment for $15000 with seven-year of class life. This purchase comes under the <u>Sec.179</u>. The deduction in the year of purchase for E&P purposes will be $3000 for Boxer Corporation.

7 0
3 years ago
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