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PSYCHO15rus [73]
3 years ago
12

"A drink costs 2 dollars. A taco costs 3 dollars. Given the number of each, compute total cost and assign totalCost with the res

ult. Ex: 4 drinks and 6 tacos yields totalCost of 26."
Business
1 answer:
earnstyle [38]3 years ago
4 0

Total cost is $26

Explanation:

Given that the cost of a drink is $2 and that of a taco is $3

To find the total cost given 4 drinks and 6 tacos will be;

Multiply the quantity given by the unit price for the items given;

4*$2 + 6*$3 = $8+$18=$26

Learn More

Multiplication;brainly.com/question/12863773

Keywords : drink, cost, total,tacos

#LearnwithBrainly

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On January 1, 2018, Byner Company purchased a used tractor Byner paid $3,000 down and signed a noninterest-bearing note requirin
Sedbober [7]

Answer:

tractor   35,127,42 debit

      note payable         32,172.42  credit

     cash                           3,000     credit

--to record issuance--

Note payale end of 2018

39,584.19

note payables at Dec 31th

Note payable at the end of 2019

39,584.19

note payables at Dec 31th

Explanation:

As the note has zero.interest we discount the note to get the present value:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $44,000.0000  

time   3.00  

rate  0.11

\frac{44000}{(1 + 0.11)^{3} } = PV  

PV   32,172.42  

The difference will be a discount that will acrrue interest overtime.

the truck will enter the accounting net of interest charges thus:

3,000 downpayment + 32,127.42 = 35,127.42‬

interest will be: 32,127.42 x 1.11 = 32,127.41

<u><em>Then, do the same for 2019</em></u>

(32,127.41 + 3,532.0162) x 1.11 = 39,584.19

5 0
3 years ago
An asset is purchased on January 1 for $44,700. It is expected to have a useful life of five years after which it will have an e
Black_prince [1.1K]

Answer:

Gain of $2,780

Explanation:

Calculation to determine what The company will record If it is sold for $32,000 exactly two years after it is purchased

First step is to calculate the Annual depreciation expense using this formula

Annual depreciation expense = (Cost − Residual value) × (1 ÷ Useful life)

Let plug in the formula

Annual depreciation expense = ($44,700 − $6,000) × (1 ÷ 5)

Annual depreciation expense =$38,700× (1 ÷ 5)

Annual depreciation expense =$ 7,740

Second step is to calculate the Accumulated depreciation using this formula

Accumulated depreciation = Year 1 depreciation expense + Year 2 depreciation expense

Let plug in the formula

Accumulated depreciation = $7,740 +$7,740

Accumulated depreciation = $15,480

Now let calculate the Gain (loss) on disposal

Using this formula

Gain (loss) on disposal = Proceeds from sale − (Cost − Accumulated Depreciation at time of sale)

Let plug in the formula

Gain (loss) on disposal = $32,000 − ($44,700 − $15,480)

Gain (loss) on disposal =$32,000-$29,220

Gain (loss) on disposal=$2,780

Therefore If it is sold for $32,000 exactly two years after it is purchased, the company will record a GAIN of $2,780

5 0
3 years ago
If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is
Lubov Fominskaja [6]

Answer:

2%

Explanation:

7 0
2 years ago
Suggest reasons why a knowledge sharing system
serg [7]

Answer:

A knowledge sharing system could be establish between rival organizations like Mastercard and Visa in order to improve the services they provide for their clients, as well as to attract more people and earn more money.

Even though it might seem contradictory for rival organizations to work together on sharing knowledge, it's actually not. Mastercard might have something that Visa wants and vice versa so it makes sense for them to collaborate to get what they need.

3 0
2 years ago
Which would provide the least ambiguous description of a property, for purposes of a deed?
Greeley [361]

A legal description would provide the least ambiguous description of a property, for purposes of a deed.

A legal description is the geographical description of real estate that identifies its precise place, barriers, and any easements for the motive of a legal transaction, such as a transfer of possession. A criminal description is saved with the deed and filed with the county clerk or county tax assessor.

There are 3 types of legal descriptions of belongings typically used: metes and limits, government survey, and lot and block.

An avenue to cope with is not a legal description. road addresses regularly alternate, and that they had been never intended to offer a reliable description for purposes of deed education. An avenue to deal with isn't always sufficient to serve as a good enough criminal description of the actual estate.

Learn more about A legal description here

brainly.com/question/14414648

#SPJ4

8 0
2 years ago
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