Yeah if a rate is given then we can find the amount but in this question there is no tax rate so can't help u
Answer:
6.75
Explanation:
Given that,
Gross sales = $150,000
Accounts receivable, beginning of year = $18,000
Sales = $135,000
Accounts receivable, end of year = $22,000
Average accounts receivables:
= (Beginning AR + Ending AR) ÷ 2
= ($18,000 + $22,000) ÷ 2
= $40,000 ÷ 2
= $20,000
Accounts receivable turnover:
= Sales ÷ Average accounts receivables
= $135,000 ÷ $20,000
= 6.75
Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.
Answer:
All blood cells are produced from undifferentiated precursors called pluripotent stem cells in the bone marrow. Other cells produced from the pluripotent stem cells help defend against bacterial infection, produce antibodies against foreign antigens, and are active against hypersensitivity reactions
Explanation:
hope it helps!!!
Answer:
$1000
Explanation:
The cash received from the equipment sale is equals to the initial cost of the equipment which is $10,000 minus total accumulated depreciation on the equipment charged till date.
Total accumulated depreciation on the equipment=Opening balance of accumulated depreciation+depreciation charge for the year-closing balance of accumulated depreciation
Total accumulated depreciation on the equipment=$22,000+$4,000-$17,000
=$9,000
cash proceeds=$10,000-$9,000=$1000
Answer:
The approximate price elasticity of demand between these two prices is
- 0.42
Explanation:
In this question ,we use the formula of price elasticity of demand which is shown below:
Price elasticity of demand = Percentage change in quantity demanded ÷ Percentage change in price
where,
Percentage change in quantity demanded is calculated by
= New Quantity - Old quantity ÷ New Quantity + Old quantity
= 350 - 310 ÷ 350 + 310
= 40 ÷ 660
= 0.06060
Percentage change in price is calculated by
= New price - Old price ÷ New price + Old price
= 9 - 12 ÷ 9 + 12
= - 3 ÷ 21
= - 0.14285
Now put these values over the above formula
So, the answer is = 0.06060 ÷ - 0.14285 = - 0.42
Hence, the approximate price elasticity of demand between these two prices is - 0.42
