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Goshia [24]
2 years ago
15

At the beginning of 2000 Devonte's house was worth 230 thousand dollars and Aidan's house was worth 124 thousand dollars. At the

beginning of 2003, Devonte's house was worth 178 thousand dollars and Aidan's house was worth 158 thousand dollars. Assume that the values of both houses vary at an exponential rate a. Write a function fthat determines the value of Devonte's house (in thousands of dollars) in terms of the number of years t since the beginning of 2000. b. Write a function g that determines the value of Aidan's house (in thousands of dollars) in terms of the number of years t since the beginning of 2000. c. How many years after the beginning of 2000 will Devonte's and Aidan's house have the same value?

Business
1 answer:
fgiga [73]2 years ago
6 0

Answer and Explanation:

The answer is attached below

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The current sections of Whispering Winds Corp.’s balance sheets at December 31, 2019 and 2020, are presented here. Whispering Wi
storchak [24]

Answer:

The amount of cash provided by  operating activities is $155,000

Explanation:

The net cash provided by operating activities is shown below by the cash flow statement extract:

Net income                                                                 $152,000

depreciation  expense                                             $24,900

increase in accounts receivable($109700-$77900)($31,800)

Decrease in inventory($171,900-$157,000)              $14,900

increase in prepaid expenses($26,700-$25,100)   ($1,600)

increase in accrued expenses($14,600-$8400)      $6,200

decrease in accounts payable($95,100-$85,500) ($9,600)

net cash provided by operating activities                $155,000

Note:

An increase in liability means depriving the other party some cash,hence it is positive and vice versa.

4 0
3 years ago
Receivables; bad debts and returns; Symantec [LO7-4, LO7-5]
Hitman42 [59]

Answer:

1. Accounts receivable due = Accounts receivable + Allowances

2008

= 760,100 + 26,259

= $786,359

2009

= 840,810 + 23,936

= $864,746

2. Amount of receivable written off = Beginning balance for Allowance for doubtful accounts + Bad debt - Closing balance for allowance for doubtful accounts

= 9,200 + 3,400 - 9,148

= $3,452

3. Gross sales = Net Sales + Sales returns

Sales Returns = Closing balance for reserve for product returns + goods returned - Opening balance for reserve for product returns

= 14,788 + 3,440 - 17,059

= $1,169

Gross sales in 2009 = 6,244,800 + 1,169

= $‭6,245,969‬

4. Cash collected = Credit Sales - Goods returned - Bad debts written off - Ending receivables balance + Beginning receivables balance

= ‭6,245,969‬ - 3,440 - 3,452 - 864,746 + 786,359

= $‭6,160,690‬

6 0
2 years ago
The Exam Fun Co. had Accounts Receivable of $100,000 and a credit balance of $2,000 in Allowance for Doubtful Accounts on 12/31/
AleksAgata [21]

Answer:

A. dr. Bad Debt Expense 3,000 and cr. Allowance for Doubtful accounts 3,000

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.

Closing Value of the Allowance for Doubtful Accounts will be as follow

Closing Balance = $100,000 x 5% = $5,000

As Allowance for Doubtful Accounts already have credit balance of $2,000, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $5,000 at the year end.

Adjustment Value = $5,000 - $2,000 = $3,000

6 0
3 years ago
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Here's 100 pts up for grabs!!!!
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all we have to do is answer and we get that many points that's cool

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On the teams at Nitro Nutrient, a fertilizer distributor, each member has a great deal of discretion in terms of what they do an
frutty [35]

Answer:

The correct answer is

F) comprehensive

good luck ❤

4 0
2 years ago
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